Don't Be Scared to Buy Low
Back in June, the slot machine manufacturer WMS Industries (WMS) hit a multi-year low. Were smart analysts rushing to upgrade their opinions on the bargain price? Nope. The only changes of opinion were downgrades on the disappointing quarterly results.
The shares touched an insane $13.90 for an instant before starting a steady rebound that hasn't let up yet. WMS finished last week at $17.09, up 22.9% above June's intra-day low....255 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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.