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Thursday, November 10, 2011

Stocks with Strong Financial Metrics (NASDAQ: PWER)

Shares of PWER traded higher by 7.14% or $0.38/share to $5.70. Power-One Inc. is trading at a price to book ratio of 1.51. The PEG is 0.46 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.49. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3202460 shares of PWER exchange hands on a given day and today's volume is recorded at 1471304. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Power-One, Inc. is a designer and manufacturer of inverters for the renewable energy industry.