Why these 8 stocks? After running a variety of screens, I came up with an initial list of almost 30 candidate stocks. All of the stocks in this group were down more than 50% from their 52 week highs and were under pressure for a variety of reasons. After individually reviewing each of the candidate stocks, a small group of 8 rose to the top. Many of the stocks are consumer focused, but I believe that … read on »
All posts created in August 2008
The Idea
"Oh what happened now? Did the rubble burn down?" - Ned Flanders The stock market is not in a happy place. Even though the major indexes are down a mere 20% or so, many individual stocks have been absolutely taken to the woodshed. Despite the recent rally in the financials, many stocks are still down stomach turning amounts. Some stocks are down 50%, 70%, 90% or more from their 52 week highs. The reason? Take your … read on »
