More Stocks for a Scary Market

Today I want to finish up my review of stocks I consider cheap enough to own, regardless of your view of market conditions. As I said earlier this week, I find the current market and economic conditions more than a little scary, and I am as cautious as I have ever been. However, I follow a discipline of buying stocks at the "too cheap not to own" level, regardless of market conditions and opinions.

Given the run in the market the last few years, there are not a lot of these stocks to choose from, and I am keeping positions sizes fairly small so there is plenty of room to buy on a scale if needed. Again, these are stocks that I would be buying right now and not those that I may have purchased over the past few years and still hold....606 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.