5 Smart PIIGS Stocks To Buy Now

This makes companies from this country a risky proposition. At the same time, market watchers believe that they hold the promise of good valuations, which amply compensate the risks involved.

Our Choices

Stocks from the two extremes of the PIIGS spectrum could make for good additions to your portfolio. While those from Ireland offer a strong economic environment, picks from Greece are available at attractive valuations.

This is why carefully selected stocks from these countries could be good additions to your portfolio. We have narrowed down our search to the following stocks based on a good Zacks Rank and other relevant metrics.

Aegean Marine Petroleum Network Inc. (ANW - Snapshot Report) is a marine fuel logistics company that physically supplies and markets refined marine fuel and lubricants to ships in port and at sea.

Aegean Marine Petroleum Network has a Zacks Rank #1 (Strong Buy) and projected growth for the current year is 19.1%. The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 6.61, lower than the industry average of 6.98.

Danaos Corp. (DAC - Snapshot Report) is a leading international owner of containerships and charters vessels to many of the world's largest liner companies.

Danaos has a Zacks Rank #1 and expected earnings growth of 22.6% for the current year. It has a P/E (F1) of 2.97, lower than the industry average of 6.98.

Tsakos Energy Navigation Ltd. (TNP - Snapshot Report) is a leading provider of international seaborne crude oil and petroleum product transportation services.

Tsakos Energy Navigation has a Zacks Rank #2 (Buy) and a P/E (F1) of 4.25 lower than the industry average of 6.98. Its earnings estimate for the current year has increased 0.5% over the last 30 days.

Horizon Pharma plc (HZNP - Analyst Report) is a biopharmaceutical focused on identifying, developing, acquiring and commercializing products addressing unmet therapeutic needs in arthritis, pain, inflammatory and orphan diseases.

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