By Jake Lynch, TheStreet

The S&P 500 ($INX) has tumbled 5.6% in the past month as weak data have spurred a migration into bonds. But not all stocks have suffered in the sell-off. Here are five that have made big gains during the correction. Excluded from the list are telecom and utility stocks, which have countercyclical appeal because of their steady performance and large dividends.

5. The world’s largest online retailer, Amazon.com (AMZN), gained 5.5% over the past month. Second-quarter profit soared 45% to $206 million, or 45 cents a share, as revenue gained 41%. The operating margin narrowed from 4.7% to 4.5%. Amazon.com has $5.1 billion in cash and $132 million in debt.

AMZN trades at a forward earnings multiple of 35 and a book value multiple of 9.6, premiums to indices, but modest discounts to Internet retail peer averages. Roughly 54% of analysts covering Amazon.com rate its stock "buy." A median target of $142.69 implies a return of 15%.

4. Pfizer (PFE) makes pharmaceuticals and rose 7% this month. Second-quarter net income gained 9.5% to $2.5 billion, but earnings per share fell 8.8% to 31 cents, hurt by a larger float. Revenue soared 58%. The operating margin fell from 34% to 31%.

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Pfizer has $19 billion in cash and $43 billion in debt, equaling a debt-to-equity ratio of 0.5. Its stock sells for a forward earnings multiple of 7 and a book value multiple of 1.5, which are 44% and 69% discounts to industry averages. Of researchers covering Pfizer, 71% rate its stock "buy." A median target of $19.92 suggests 24% of future growth.

3. eBay (EBAY) runs online marketplaces and returned 7.5% in the past month. Second-quarter profit increased 26% to $412 million, or 31 cents a share, as revenue expanded 5.6% to $2.2 billion. The operating margin stretched from 20% to 22%.

eBay has $4.9 billion in cash and no debt. Its stock trades at a forward earnings multiple of 13, a book value multiple of 2.1 and a cash flow multiple of 11 -- 49%, 63% and 27% discounts to peer averages. Of analysts following eBay, 15, or 54%, rate its stock "buy", 12 rate it "hold" and one ranks it "sell." A median target of $26.61 implies a return of 17%.

2. Posting a one-month return of 8.3% was Archer-Daniels-Midland (ADM), which procures, processes and sells agricultural commodities. Fiscal-fourth-quarter profit multiplied to $446 million, or 69 cents a share, from $58 million, or 9 cents, a year earlier. Revenue decreased 5%. The operating margin widened from 0.3% to 3.8%.

ADM's stock sells for a forward earnings multiple of 9.6, a book value multiple of 1.3 and a cash flow multiple of 7.2, or 35%, 65% and 39% discounts to peer averages. About 85% of analysts rate the stock "buy." A median target of $36.36 implies 22% of growth.

1. Discount retailer Family Dollar Stores (FDO) saw an 8.5% gain in the past month. Fiscal-third-quarter profit expanded 19% to $104 million, or 77 cents a share, as revenue grew 8.4%. The operating margin extended from 7.5% to 8.5%.

Family Dollar has $445 million in cash and $250 million in debt. Its stock trades at a forward earnings multiple of 15 and a cash flow multiple of 10, on par with competitors' shares. Its PEG ratio, a measure of value relative to predicted growth, is 0.7, signaling a 30% discount to fair value. Around 54% of analysts following Family Dollar rate its stock "buy."

Visit TheStreet for five more stocks surging during the sell-off.

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