The continuing drama from Europe and a possible slowdown in China is making for a very difficult investing environment right now. Manufacturers such as Ford (F) have announced they are being more negatively impacted by the slowdown in Europe than investors thought a few months ago, which has affected stock prices. Commodities have fallen considerably in the last few months as projections for worldwide growth are being revised downward. I am starting to take some positions in consumer discretionary stocks that do not have much exposure to Europe and could benefit somewhat by falling gas prices domestically. Here are two stocks that fit these criteria that have cheap valuations, solid balance sheets and good growth prospects.
Arctic Cat (ACAT) manufactures snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name...255 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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