Yesterday, August 18, 2022, Dow Jones closed at ~33,980, the S&P 500 at ~4,274, and Nasdaq at ~12,938. The markets closed in the red as uncertainty is still the primary status. However, there are decent investment opportunities for the keen investor…

 

Today, we found 5 great stocks to buy now if you’re looking for undervalued but good stocks to add to your portfolio.

 

Note: Make sure that you do your own due diligence before you buy any of the following stocks mentioned.

 

Let’s get started…

  1. Tronox Holdings PLC (NYSE: TROX)

Business

 

Tronox Holdings PLC, based in Stamford, Connecticut, is a manufacturer of soda ash titanium dioxide mineral.

 

Its only segment, TiO2, is engaged in mining mineral sand deposits, as well as TiO2 and titanium feedstock.

 

The company has three pigment production facilities in the US, Western Australia, and the Netherlands, as well as three mining operations in South Africa and Western Australia.

Forecast

 

Based on the 9 analysts’ 12-month median price target of $25 and the stock’s trading price, TROX now has a 58.23% upside. The highest price target is $30 which represents a 89.87% upside and the lowest is $20 which represents a 26.58% upside.

Fundamentals

 

P/E ratio4.29x
P/B ratio1.19x
ROE (Last Year)14.84%
Revenue Growth (YoY)29.51%
Current Ratio2.49x
Interest Coverage3.68x
D/E ratio1.93x

 

Source: TROX Annual Report

  1. Andersons Inc (NASDAQ: ANDE)

Business

 

Andersons Inc, founded in 1947 and based in Maumee, Ohio, is an agriculture company that operates in North America.

 

It does business through 3 segments:

 

  • Trade (operating grain elevators, trading grains and fuel, and space leasing)

  • Renewables (trading corn oil and ethanol, providing facility operations, and investing in ethanol plants)

  • Plant Nutrient (manufacturing, distributing, and selling fertilizer and plant nutrients)

 

Forecast

 

Based on the 4 analysts’ 12-month median price target of $37.72 and the stock’s trading price, ANDE now has a 39.18% upside. The highest price target is $60 which represents a 59.07% upside and the lowest is $45 which represents a 19.30% upside.

Fundamentals

 

P/E ratio9.72x
P/B ratio0.98x
ROE (Last Year)10.39%
Revenue Growth (YoY)56.39%
EPS Growth (YoY)1234.78%
Current Ratio1.37x
Interest Coverage4.31x
D/E ratio2.49x

 

Source: ANDE Annual Report

  1. ConocoPhillips (NYSE: COP)

Business

 

ConocoPhillips, founded in 1917 and headquartered in Houston, Texas, is an independent exploration and production company.

 

More specifically, it’s a producer, transporter, and marketer of crude oil, natural gas, bitumen, etc.

 

In 2021, ConocoPhillips produced 1M barrels / day of oil and natural gas liquids. In addition, it produced 3.2B cubic feet / day of natural gas.

Forecast

 

Based on the 25 analysts’ 12-month median price target of $124 and the stock’s trading price, RLGT now has a 22.95% upside. The highest price target is $165 which represents a 63.61% upside and the lowest is $99 which represents a 1.83% downside.

Fundamentals

 

P/E ratio8.32x
P/B ratio2.87x
ROE (Last Year)17.79%
Revenue Growth (YoY)151.09%
Current Ratio1.34x
Interest Coverage15.47x
D/E ratio1x

 

Source: COP Annual Report

  1. HF Sinclair Corp (NYSE: DINO)

Business

 

HF Sinclair, incorporated in 2021 and headquartered in Dallas, Texas, is an independent petroleum refiner.

 

More specifically, the company has seven operating refineries, serving the midcontinent, Pacific Northwest, Rockies, and Southwest. with a 678,000 barrels / day crude oil throughput capacity.

 

HF Sinclair also holds a marketing business with over 1,300 wholesale branded sites and 300 distributors across 30 states.

Forecast

 

Based on the 13 analysts’ 12-month median price target of $60 and the stock’s trading price, DINO now has a 15.36% upside. The highest price target is $67 which represents a 28.82% upside and the lowest is $40 which represents a 23.09% downside.

Fundamentals

 

P/E ratio6.13x
P/B ratio1.98x
ROE (Last Year)11.66%
Revenue Growth (YoY)64.43%
Current Ratio1.82x
Interest Coverage6.12x
D/E ratio1.16x

 

Source:  HAYW Annual Report

  1. Trinseo PLC (NYSE: TSE)

Business

 

Trinseo PLC, founded in 1947 and based in Maumee, Ohio, is a manufacturer of plastic and latex products and a leading global materials company.

 

The company does business through six segments:

 

  • Engineered Materials

  • Latex Binders

  • Base Plastics

  • Polystyrene

  • Feedstocks

  • Americas Styrenics

 

The Base Plastics segment contributes to the majority of sales. Geographically, Europe accounts for most of the revenue the company generates.

Forecast

 

Based on the 8 analysts’ 12-month median price target of $35.5 and the stock’s trading price, TSE now has a 12.24% upside. The highest price target is $70 which represents a 121.31% upside and the lowest is $34 which represents a 7.49% upside.

Fundamentals

 

P/E ratio9.72x
P/B ratio0.98x
ROE (Last Year)10.39%
Revenue Growth (YoY)56.39%
EPS Growth (YoY)1234.78%
Current Ratio1.37x
Interest Coverage4.31x
D/E ratio2.49x

 

Source: TSE Annual Report

Looking for More Stock Ideas?

 

If you’re looking for 5 great stocks to buy now, you can’t go wrong with the above list. But what about a constant flow of growth stock ideas?

 

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Meta:

 

If you’re looking for 5 great stocks to buy now, you’re in the right place. We found 5 undervalued stocks that are issued by strong and profitable corporations.