Identifying Future Leaders
Today I want to look at the stocks in the Value Line Universe that are low priced and have the second highest ranking for year-ahead performance. These stocks, along with the highest-ranked, low-priced stocks, have historically done very well and have been explosive after a market bottom.
I have no clue if the recent action is indeed a market bottom in the wake of coordinated central bank intervention. I do know that unless we enter a bear market, these stocks have the characteristics that should outperform the broader markets. Stocks that are trading below $10 with improving fundamentals often become market leaders when the large institutions begin to notice the turnaround....600 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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