George,
Best? That is tough? There are so many, with even more that don't suit this environment. I see a whole lot of undervalued stocks. Problem is the market could care less.
JCP for the reason already stated.
When sanity returns I want to be holding NITE, EGRP, AMTD.
For stability, again when sanity returns, I want to be holding several banks and financials. FTU, ONE, BAC, AXF, DLJ all look like extreme values. CNC at 5 1/4, could be a bust or a triple.
If you think interest rates will peak soon, and then start back down. I suggest the old utility stocks like CPL, CMS. Take their high yields now. Take some price appreciation when the interest rates inevitably cycle down. The time to buy these is soon. Let the Fed do their thing, let the yields/stock price adjust for that, then buy.
ODP has built a huge base at $11. Its ready to go.
For industrial stuff, LPX and SOI.
Its not value, but it is beaten down. And is a trading machine. MCLD |
