11 Undervalued US Stocks For 2014: Investment Idea Of The Day

Ubika Research has picked eleven U.S stocks across sectors which appear to be undervalued offering an attractive investment opportunity for 2014. These stocks are estimated to register strong growth in sales and earnings during 2014, based on consensus data compiled by Bloomberg.

Moreover, these stocks are trading at relatively low forward PE, price to book and price to cash-flow multiples with low PEG ratio. These stocks are also estimated to provide high return on equity during 2014 as per Bloomberg.

We note that the shortlisted stocks have recorded gains during the past three months with daily average traded volume in excess of 100,000.

Source: Bloomberg

Company Description:

Costamare Inc CMRE          
Costamare, Inc. owns container ships. The company charters its vessels to shipping companies.

Greenbrier Cos Inc GBX     
The Greenbrier Companies, Inc. supplies transportation equipment and services to the railroad and related industries. The company's manufacturing segment produces railcars and marine vessels.  Greenbrier also provides repair and refurbishment for intermodal and conventional railcars.  In addition, the company provides complementary leasing and services activities.

Teradyne Inc TER   
Teradyne, Inc. designs, manufactures, sells, and supports semiconductor test products and services on a worldwide basis. The company's test equipment products and services include: semiconductor test systems, military/aerospace test instrumentation and systems, circuit-board test and inspection systems and automotive diagnostic and test systems.

MasTec Inc MTZ      
MasTec Inc. is a specialty contractor operating across a range of industries. The company’s activities are the building, installation, maintenance and upgrade of utility and communications infrastructure, including electrical utility transmission and distribution, windfarms, solar farms, other renewable energy and natural gas infrastructure, wireless, wire line, etc.

Trinity Industries Inc TRN    
Trinity Industries, Inc. manufactures transportation, construction, and industrial products. The company's products include tank and freight railcars, inland hopper and tank barges, highway guardrail and safety products, ready-mix concrete, and other products.  Trinity also leases railcars and other products. The company markets its products in the United States and internationally.

NQ Mobile Inc NQ   
NQ Mobile Inc. is a global provider of mobile Internet services. The company's portfolio includes mobile security and mobile games & advertising for the consumer market and consulting, mobile platforms and mobility services for the enterprise market.

Cardinal Financial Corp CFNL   
Cardinal Financial Corporation is a multi-bank holding company. The Banks offer a variety of banking products to individuals, professionals, and small to medium-sized businesses in northern Virginia. The company also operates Cardinal Wealth Services, Inc., an investment advisory company.  Cardinal Bank operates in Fairfax County, Virginia.

Air Lease Corp AL  
Air Lease Corporation is an aircraft leasing company. The company is principally engaged in purchasing commercial aircraft and leasing to airlines around the world. Air Lease operates on a global basis, providing aircraft to airline customers in regions that include Asia, the Pacific Rim, Latin America, the Middle East and Eastern Europe.

Columbia Banking System Inc COLB    
Columbia Banking System, Inc. is the holding company for Columbia Bank, a full service commercial bank.  The Bank serves small and medium-sized businesses, professionals, and other individuals through office in the Tacoma metropolitan area and contiguous parts of the Puget Sound region of Washington, as well as the Longview and Woodland communities in southwestern Washington.

PacWest Bancorp PACW           
PacWest Bancorp is a bank holding company. The company, through its banking subsidiary, offers a wide range of commercial banking services.

Umpqua Holdings Corp UMPQ   
Umpqua Holdings Corporation is the holding company for Umpqua Bank, an Oregon state-chartered bank. Umpqua Bank is engaged primarily in the business of commercial and retail banking and the delivery of retail brokerage services. The Bank provides asset management, mortgage banking and other financial services to corporate, institutional and individual customers.