GOLDMAN: These Are The 18 Most Undervalued Stocks In The Market

Advertisement

18. Anadarko Petroleum: 28.0% Upside

18. Anadarko Petroleum: 28.0% Upside

TickerAPC

Sector: Energy

Recent Price: $87.47 

Upside to Target: 28.0%

Investors are feeling good about Anadarko, but last month it experienced a strange flash crash that took the stock from $90 to one cent. The NYSE canceled all rogue, glitchy trades "below $87.56 between 15:59:59 and 16:00:00."

Source: Goldman Sachs, MarketWatch

Advertisement

17. Devon Energy: 28.4% Upside

17. Devon Energy: 28.4% Upside

Ticker: DVN

Sector: Energy

Recent Price: $56.85

Upside to Target: 28.4%

Devon will pay a third-quarter dividend of $0.22 per share, the same amount it paid shareholders the previous quarter.

Source: Goldman Sachs, Daily Finance

Advertisement

16. Pioneer: 29.1% Upside

16. Pioneer: 29.1% Upside

Ticker: PXD

Sector: Energy

Recent Price: $138.68 

Upside to Target: 29.1%

As of March, the company is valued at approximately $22 billion.

Source: Goldman Sachs, Seeking Alpha

15. Amgen Inc: 29.3% Upside

15. Amgen Inc: 29.3% Upside

Ticker: AMGN

Sector: Healthcare

Recent Price: $100.53 

Upside to Target: 29.3%

Amgen's stock has soared 44% over the last year.

Source: Goldman Sachs, Fool.com

Advertisement

14. Schlumberger Ltd: 30.1% Upside

14. Schlumberger Ltd: 30.1% Upside

Ticker: SLB

Sector: Energy

Recent Price: $73.03 

Upside to Target: 30.1%

With a market cap of nearly $100 billion, SLB is the largest oil and gas equipment and service company in the world.

Source: Goldman Sachs, Seeking Alpha

13. Precision Castparts: 30.9% Upside

13. Precision Castparts: 30.9% Upside

Ticker: PCP

Sector: Industrial Goods

Recent Price: $213.92 

Upside to Target: 30.9%

PCP is Oregon's only Fortune 500 company besides Nike. Precision Castparts workers voted 1,258 to 932 to not join the Machinists union.

Source: Goldman Sachs, KTVL

Advertisement

12. Cameron Intl: 31.4% Upside

12. Cameron Intl: 31.4% Upside

Ticker: CAM

Sector: Basic Materials

Recent Price: $60.87 

Upside to Target: 31.4%

CAM recently came in at #10 in a study of analyst recommendations for the underlying components of the S&P.

Source: Goldman Sachs, KTVL

11. Autodesk Inc: 32.5% Upside

11. Autodesk Inc: 32.5% Upside

Ticker: ADSK

Sector: Technology

Recent Price: $37.73 

Upside to Target: 32.5%

Autodesk is benefiting from its exposure to the booming 3D printing market. 

Source: Goldman Sachs, Daily Finance

Advertisement

10. Joy Global: 33.1% Upside

10. Joy Global: 33.1% Upside

Ticker: JOY

Sector: Mining

Recent Price: $54.08 

Upside to Target: 33.1%

Joy Global certainly has that global outlookwith facilities in six continents and more than 20 countries.

Source: Goldman Sachs, CNBC

9. Noble Energy: 33.6% Upside

9. Noble Energy: 33.6% Upside

Ticker: NBL

Sector: Energy

Recent Price: $57.65 

Upside to Target: 33.6%

Noble Energy recently announced it will begin drilling for natural gas off the coast of Cyprus.

Source: Goldman Sachs, Reuters

Advertisement

8. Southwestern Energy: 35.3% Upside

8. Southwestern Energy: 35.3% Upside

Ticker: SWN

Sector: Energy

Recent Price: $37.69 

Upside to Target: 35.3%

Southwestern announced it closed a recent acquisition of land from rival Chesapeake Energy Corporation. 

Source: Goldman Sachs, MarketWatch

7. Wyndham Worldwide: 35.9% Upside

7. Wyndham Worldwide: 35.9% Upside

Ticker: WYN

Sector: Services

Recent Price: $58.12

Upside to Target: 35.9%

WYN recently announced a cash dividend of $0.29 per share on its common stock.

Source: Goldman Sachs, Hospitality Industry News

Advertisement

6. Nabors: 37.4% Upside

6. Nabors: 37.4% Upside

Ticker: NBR

Sector: Energy

Recent Price: $16.01

Upside to Target: 37.4%

It's not all good news at Nabors. At their annual meeting earlier this week, shareholders nixed the company's executive-compensation plan and rejected the reelection of two directors.

Source: Goldman Sachs, WSJ

5. Intuitive Surgical: 37.5% Upside

5. Intuitive Surgical: 37.5% Upside

Ticker: ISGR

Sector: Healthcare

Recent Price: $497.53 

Upside to Target: 37.5%

The company released quarterly earnings data in April, notching a revenue of $611.40 million, beating the consensus estimate.

Source: Goldman Sachs, Zolmax

Advertisement

4. EOG Resources: 40.2% Upside

4. EOG Resources: 40.2% Upside

Ticker: EOG

Sector: Energy

Recent Price: $129.10

Upside to Target: 40.2%

Last month Oppenheimer was high on EOG, saying it has led the way in liquids production growth over the last three years.

Source: Goldman Sachs, Marketwatch

3. Salesforce.com: 41.7% Upside

3. Salesforce.com: 41.7% Upside

Ticker: CRM

Sector: Customer relationship management

Recent Price: $42.33 

Upside to Target: 41.7%

Salesforce named former Oracle Corp. executive Keith Block its new president and vice chairman.

 Source: Goldman Sachs, WSJ

Advertisement

2. Halliburton: 43.4% Upside

2. Halliburton: 43.4% Upside

Ticker: HAL

Rating: Buy

Sector: Energy

Recent Price: $41.85

Upside to Target: 43.4%

Continued association with the BP oil spill settlement may be holding the shares back, offering investors an undervalued stock with growth potential.

Source: Goldman Sachs, Seeking Alpha

1. Marathon: 49.1% Upside

1. Marathon: 49.1% Upside

Ticker: MRO

Sector: Energy

Recent Price: $82.50

Upside to Target: 49.1%

Shareholders were paid a dividend of $0.35 per share last month. 

Source: Goldman Sachs, People's Post

Advertisement