Market down another 500 points today. I wanted to interrupt the book summary and post a list of stocks that I think are getting undervalued and might be attractive to buy sometime in the next two years. I think they are cheap now........but of course what is cheap can get much cheaper. This is one of the challenges of being a value hound........
Keep in mind some of these stocks are classic value plays (i.e. good brand and intellectual property, etc. while others are just commodity plays that have gotten crushed over past few months) - they're only common denominator is I think they are getting cheap....
1) Activision Blizzard - symbol ATVI
2) Quicksilver Resources - symbol KWK
3) Mosaic - symbol MOS
4) Pan American Silver - symbol PAAS
5) Inverness Medical - symbol IMA
It would be nice to highlight these stocks individually over time and talk about where they are, why I think they are undervalued ......... how low they might go and where could they eventually end up. My goal is to do one of these during month of October. Not feeling motivated yet - but maybe this weekend!
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Wow I feel lame commenting on my own post........anyways lol. I am adding a #6 to the above list - which is SBUX - also known as the evil empire of austin powers fame.
I am adding #7 to the list - Sandisk - symbol: SNDK. Hitting new low of $10 today - on its way to $5 probably.
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