New York Community Bankcor Inc. (NYCB)

Stockchase Research Editor: Michael O'Reilly This bank offering services in Metro New York and New Jersey as well as Ohio, Florida and Arizona trades at 11 PE, almost half of the sector average of 20 times. With growth expectations in earnings of over 16%, this makes the company undervalued. The dividend yield is stellar and backed by a payout ratio of 82%, but projected to 65% next year. We would buy this with a $7.50 stop-loss, looking to achieve $11.50 -- 27% upside. Yield 7.55% (Analysts’ price target is $11.42)