Is there buried treasure in your back yard? There could be if you live in northern North Dakota or Montana. For the rest of us, there are these stocks.
Buffett discusses the recently announced stock buyback at Berkshire Hathaway, how Wall Street bankers feel about President Obama, and the economic picture.
The core forces that were at work for the last 12 months haven't changed and should reassert themselves once these big hedge funds have been blown out of this market.
My favorite scenario is a panic sell-off, because a reaction trade on the long side would offers what I consider a compelling risk-reward situation.
While Wells Fargo is extremely popular among mutual fund managers, it doesn't even make it to our top 20 list.
We have been able to identify companies with undiminished and even enhanced long term prospects that have sold off along with less promising ones. Here are three.