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Wednesday, February 1, 2012

Stocks with Strong Financial Metrics (NYSE: LPL)

Shares of LPL traded higher by 4.73% or $0.61/share to $13.50. LG Display Co., Ltd. is trading at a price to book ratio of 1.03. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.94 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.43. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 897523 shares of LPL exchange hands on a given day and today's volume is recorded at 465622. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

LG Display Co., Ltd. (LG Display) manufactures thin-film transistor liquid crystal display (TFT-LCD) panels in a range of sizes and specifications primarily for use in televisions, notebook computers and desktop monitors, and the Company is a suppliers of high-definition television panels.