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  • Most Undervalued Stocks with Huge Upside Potential

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    Monday August 2nd, 2010 at 09:35 am EST

    Today's Stocks with Huge Upside Potential
    are - ABK, YRCW, C

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    ABK - Ambac Financial Group Inc.(NYSE:ABK)
    Ambac Financial Group, Inc. (ABK) has no significant operations currently. Before becoming the victim of the recession, the company provided financial guarantee insurance and other credit enhancement products in the U.S. public finance market, the international finance market; and financial and investment products, including investment agreements, funding conduits, interest rate, and currency and total return swaps. ABK had indicated in the latest reports that they might go bankrupt in early 2011. Investors are still betting on ABK being able to avoid Bankruptcy. It is highly undervalued if it can avoid bakruptcy and can earn a fortune for the investors.

    YRCW - YRC Worldwide Inc. (NASDAQ:YRCW)
    Earlier last week, YRC said it expects positive operating income in the second quarter for its regional transportation segment, which includes New Penn Motor Express Inc. in Lebanon. YRC Worldwide Inc. (YRCW) is expected to do a reverse split soon but the dates are not yet declared. This would increase increase price per share and decrease the no of common stocks. if they do a 1:20 split, their price as per Friday's closing price will be $8. If YRC can stay in business for long enough and earn profits, it will soon be an exploding (term used by pumping websites) stock.

    C - Citigroup Inc. (NYSE:C)
    Shares of Citigroup Inc (NYSE:C) are trading near key support level which is near $4. Stock closed at $4.10 on Friday and was trading trading between $3.80 to $4.20 level last week. With continuous positive results in the coming quarters, Citigroup Inc. has the potential to reach $9 by mid 2011. Once they pay off their TARP money, they will be ready to grow. Citigroup Inc. (C) is a good Buy if it break over $4.20.

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  1. You have more control over what you possess if you go with individual stocks.

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