Anything Left in RadioShack's Batteries?
In certain market environments, where value is tougher to find, I've got to look for upcoming talent in the minor leagues. In this context, the major leagues equate to net/net land (companies trading below net current asset value or NCAV) and the minor leagues represent companies that are not quite net/nets, but close.
I call them double nets, and don't be surprised if you can't find that silly term attributable to anyone other than yours truly. Double nets are companies trading at somewhere between 1x and 2x NCAV. They may be former net/nets whose fortunes have risen, but just slightly. They may be value traps, or dirt-cheap companies that have fallen off the radar and are not getting much coverage. But all else being equal, a company trading at that level may be worth a look....419 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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