Looking for Long Shots

No matter how cautious I may be about the market, I continue my daily mission of kicking over rocks. Sometimes I find stocks to put on my watch list, while other are appropriate for more aggressive portfolios. For example, I help my 25-year-old son run for his long-term goals and, once in a great while, I find one that is too cheap not to own.

So I put my long-term asset based value portfolios into the Value Line list of stocks with the highest three-to-five-year appreciation potential. It consists mainly of long shots and turnarounds and I have found it to be a fertile shopping list for the entire span of my career. This list requires a private equity mindset and a commitment to holding the stock until it either works of does not work over time. It has produced a few flops over the years, but it has also uncovered tremendous winners that more than offset any of the losers....579 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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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.

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