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Thursday, May 2, 2013

Undervalued Stock Detected (NYSE: SPW)

Shares of SPW traded higher by 1.38% or $0.94/share to $69.20. NYSE is trading at a price to book ratio of 1.45. The PEG is 0.81 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.63. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 541376 shares of SPW exchange hands on a given day and today's volume is recorded at 153973. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

SPX Corporation is a global, multi-industry manufacturer of specialized, engineered solutions with operations in over 35 countries and sales in over 150 countries globally.