4 Stocks to Watch – $COG, $AWK, $CEG, $GNRC

What makes a stock worth to watch? It is strong earnings forecasts? A large market cap? Sure, these things can make it interesting but the actual numbers are what matters. Conjecture is just that and we all know about the danger of assumptions. With that in mind, here is a list of stocks that are near their 52-week highs and poised to go even higher. Each of these carry analyst rating of buy or better, have current ratios over 1 and market caps of at least $1B.

Our list starts with American Water Works Company (AWK), a water utilities company. It has a $5.41B market cap and a forward P/E ratio of 16.31. The company sports a current ratio of 1.07 and is rated a strong buy. To date, AWK has returned 32.54% so far this year and is forecasted to continue growing. Right now, the stock is trading at $31.07, less than half a percentage point away from topping its 52-week high. Its current one year target estimate is $33.93. John Osterweis’ Osterweis Capital Management had more than $94 million in AWK at the end of the second quarter. AWK’s closest competitor is Aqua America (WTR). AWK is larger than WTR’s $3.05B market cap and has higher revenue ($2.81B vs WTR’s $750M). It also has a lower P/E ratio than WTR’s 20.40.

CHILTON INVESTMENT COMPANY

Cabot Oil & Gas Corporation (COG), the independent oil and gas company with an $8.39B market cap also made our list. It has a forward P/E ratio of 28.80 and a current ratio of 1.07. So far this year, COG has returned 112.65% and analysts think the stock will still go higher, recommending it as a buy. It recently traded at $87.40, topping its 52-week high by 1.85%. Analysts have given the stock a one year estimate of $93.09. Richard Chilton’s Chilton Investment Company had over $103 million invested in COG at the end of the second quarter. One of its closest competitors is Nexen Inc (NXY). NXN has a lower forward P/E ratio at 7.50 and a slightly higher market cap at $8.79B but it has also lost 26.77% YTD and is recommended by analysts as a hold.

COG is followed by Constellation Energy Group (CEG). CEG is an electric utilities company with a $8.05B market cap and a forward P/E ratio of 16.29. It has a current ratio of 1.57 and has returned 34.13% YTD. Right now, it is trading at $40.35, less than a percentage point away from besting its 52-week high of $40.71. Analysts rate CEG as a buy and give it a one year target estimate of $42.50. Phill Gross and Robert Atchinson’s Adage Capital Management had almost $94 million in the company at the end of the second quarter.Its closest competitor is American Electric Power Co (AEP). AEP is much larger at $18.78B but it has roughly the same earnings as CEG ($15.11B vs. CEG’s $13.93B).

The last company on our list is Generac Holdings (GNRC). The electronic equipment company has a $1.68B market cap and has a forward P/E ratio of 11.91. GNRC has a current ratio of 3.64 and has returned 53.93% YTD. It is currently trading at $24.95, just under its 52-week high of $25.42. Analysts say the stock could go as high as $28 a share in the next year. D.E. Shaw’s D E Shaw had over $810,000 in the company at the end of June after increasing its position in the company by 74% in the second quarter. GNRC’s closest competitor is Harman International Industries (HAR). HAR is slightly larger at $2.86B, but it has lost 11.44% YTD.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!