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Wednesday, March 18, 2009

Widest Discounts From Book Value

Book Values
One month ago, I provided a value screen with the goal of finding stocks that 1) have the widest discounts from their current book value and, 2) which have enough cash on their books to be able to survive although business hasn’t been the best of late. Here's a quick performance update.

Since February 18th, this stock screen is up +13.93% (23 gainers & 12 losers). Over the same month, the S&P 500 fell -1.31%.

Interesting enough, if you instead waited to buy each of the stocks at the bottom close on Monday, March 9th, your returns would have improved to gain of +47.98% (36 gainers & 0 losers) in comparison to the +15.02% gain in the S&P 500.

Running the same exact stock screen this morning, 39 stocks were found.....[READ]

Posted by Kirk at 10:37 AM in Stock Picks | Bookmark | Feeds | Link |


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