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Daily Archives: October 6, 2011

A Bargain-Basement Stock

October 6, 2011
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Today’s stock is one from the bargain basement. Goodyear Tire & Rubber Company (GT) tanked with the market in early August, and has yet to get back on its feet. But AlphaProfit Sector Investors’ Newsletter Editor Sam Subramanian doesn’t think there’s anything wrong with the company, and sees a buying opportunity here. Here’s his recommendation, from last month, which was in the latest Digest: “The Goodyear Tire & Rubber Company shares are down sharply from their $18.25 a share July high. The tire maker’s fundamentals are on a sound footing and the decline represents a buying opportunity. In the...

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The Stock Market is Not the Economy

October 6, 2011
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The Stock Market is Not the Economy

Last week, we conducted a short survey of our Dick Davis Investment Digest subscribers. One of the questions asked them to identify the biggest concern or challenge they face as investors right now. The top two answers were market volatility and the economy. Several respondents used the phrase “economic uncertainty.” Obviously, our subscribers’ concerns are valid: the economy’s direction is, indeed, uncertain. However, the obvious level of concern over this makes me think I should revisit a point I wrote about here a few months ago. Simply, the stock market is not the economy. The market can, and frequently...

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