7 Awesome Stocks That Are Bargain Priced
Photo By timparkinson
As many of you know, the stock market has taken an absolute beating this past year – with a large drop off just this past month. Kind of reminds me of that U2 song “October”:
October
And the trees are stripped bare
Of all they wear…
October
And kingdoms rise
And kingdoms fall
But you go on
The trees have sure been stripped bare, and the kingdoms have sure fallen this October. The DOW Jones Industrial Average is down around 40% from a year ago (10/9/2007 = 14,279; 10/9/2008 = 8,579), dropping roughly 13 % in October alone.
But what can one do with all this bad news? – or is it really bad news at all. I heard one person mention, that as long as you have a job, and have some income or capital, now’s the time to buy. So if one was looking for bargains on stocks, and ‘blue plate specials’ if you will, what would be some good stocks to buy? Keep in mind, I’m not a certified financial planner, or am not saying any of these stocks won’t drop tomorrow. I’m also not searching for a quick buck on day trading. These are long term companies, who’s stocks have dropped well below their overall value. And I’m simply relaying the research I’ve done on some good companies to own, and good stocks to buy, here’s what I’ve found. (based on the current price, P/E, Dividend and 52 Week Low / High). Note: these are my opinions only, not recommendations.
