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 For instance, it's to hard to imagine now, but 10 years ago Apple (AAPL) was widely viewed as a struggling, out-of-date computer company with products that were deemed obsolete.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.
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