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Another name that I have pegged as being on sale in the commodity space is Noble Corporation (NYSE:NE). Right now, the stock is trading at a forward P/E of 8.0 and a price to book ratio of 1.2. Withfake louboutins analysts predicting the company to grow its top line by 23.4% this year and 21.9% next year, it is unlikely that Noble shares will continue to trade at a discount for long..

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Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in KMP over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha).yq0610

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