Going With Plan B
Sometimes the best strategy is not waiting for an ideal event -- it's taking action when circumstances are favorable, yet not quite as good as they could be. As such, I'm closing out 2011 with what is -- at least for me -- an unusual approach for picking recommendations: using favorable, but not ideal, criteria.
Years ago, I created a set of computerized strategies modeled after the thinking of some of history's greatest investors, as gleaned from their writings. (My website, Validea.com, features these strategies.) When a stock earns a ranking of roughly 90% or more from one or more of these, I've designated it as a strong-interest name worthy of being discussed here. As such, the stocks reported in my Real Money columns generally all have a "strong-interest" rating from at least one strategy....584 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.