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.

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