Air Products: Buy While It's Deflated
Shares of high-quality companies tend to go on sale every so often. We've all been guilty of passing them up due to general market weakness. These days, we look back at the lows of 2010, 2011 and 2012 and wonder why we didn't load up when our favorites were cheap.
At other times, we pass up great entry points due to company-specific news. In retrospect, those headlines were often already discounted in the price. Top-rated Air Products & Chemicals (APD) closed at $85.35 last Thursday. It touched $77.27 intraday Monday before settling at $78.96 by 4 p.m. EDT....328 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.