Stocks have produced a late spurt this year. The S&P 500 index has gained 9%, nearly an entire year s typical return, since the start of November.

Below are three stocks that put even that performance to shame. Each has jumped at least 15% since the start of November and has outperformed the broad market over the past week. Also, there s a case to be made that each is still reasonably priced.

Micron Technology
Stock Gain Since End of October: 48%

Boise, Idaho-based Micron Technology (MU) makes memory for computers and handheld electronics and imaging chips for cameras. Memory is a commodity business, but it can be a lucrative one for a low-cost producer that doesn t have to invest in expensive new equipment. So long as the industry isn t swamped with excess supply and competitors aren t waging price wars. Micron is a low-cost producer operating now under just such favorable conditions. Although 2010 isn t expected to produce anything near record demand growth, computers, brainy cellphones and other gear are selling briskly enough, and Micron is expected to swing from a steep loss in its fiscal year ended August to a healthy profit in its current fiscal year. Shares trade at less than 12 times that forecast profit, and the company s free cash flow over the next year is expected to equal a whopping 15% of its stock market value.

Magellan Health Services
Stock Gain Since End of October : 29%

Headquartered in Avon, Conn., Magellan Health Services (MGLN) provides managed care for patients with behavioral and mental health conditions. These include autistic children, alcoholic workers, depressed seniors, traumatized soldiers and others. In most cases, the bills are paid by employers, government bodies and medical plans. Magellan has also expanded in recent years into faster-growing businesses like medical imaging and specialty drug administration. Earnings in Magellan s most recent quarter came in 38% above expectations, and analysts over the past two months have ratcheted up their 2010 earnings forecasts by 12%. Shares trade at just over 13 times forward earnings. The company s cash stockpile is expected to total nearly one-quarter of its stock market value by the end of 2010.

Crane Technology
Stock Gain Since End of October: 15%

Crane (CR) makes aircraft landing gear, potato chip vending machines, side panels for trucks, valves for nuclear plants and plenty else. There s only one word for a company with a business mix like that, of course: conglomerate. Think of Crane as a mutual fund disguised as a company, only it s less diversified than most mutual funds, but also less expensive at about 15 times earnings. It offers a decent dividend yield of 2.5%. Sales for Crane plunged last year on a broad manufacturing slowdown, but the company trounced earnings estimates in its most recent quarter and its sales are expected to return to growth, albeit slow growth, next year. Crane also has an unencumbered balance sheet, which will come in handy for scooping up small, struggling businesses on the cheap to add to its portfolio.