1.   While real estate seems still to be undervalued compared to stocks and bonds, this is a year for careful selection.

2.   Bilotti said shares have been undervalued compared with its entertainment industry rivals in recent years.

3.   Dr. Eric Shen, an analyst with Robertson Stephens, said the Cambridge, Mass. company is undervalued compared to its peer companies.

4.   These artists have generally been undervalued compared with their French counterparts, but no more.