The Hunt for Ugly Ducklings

When it comes to companies that were once ugly toads in the eyes of Mr. Market, only to transform into beautiful creatures, the stories are endless. For instance, it's to hard to imagine now, but 10 years ago Apple (AAPL) was widely viewed as a struggling, out-of-date computer company with products that were deemed obsolete.

I'm fairly certain I don't have any Apple-like toads to offer, but some companies today are very unattractive to Mr. Market, and they may soon find their way back into his good graces. As Warren Buffett likes to put it, pessimism is the friend of the value-seeking investor. Find me a great investment, and I'll bet the strongest returns came to those who bought when everyone else was selling....426 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.