Showing posts with label Watch List. Show all posts
Showing posts with label Watch List. Show all posts

Wednesday, August 15, 2007

Companies in my watch list are falling, falling, falling

Every day I glance at the daily 52 week low list. This is a good way to find companies that are undervalued. I noticed the companies listed below come up on this list recently. Most are quality companies. I have researched a few in the past but I will take another look because they have fell substantially in price.


Maui Land & Pineapple Co: MLP has prime acreage in Hawaii. It's down 25% in the past few months.

Moody's Corporation: Down over 60% during the past few months. Growing concern on Wall Street over the ratings MCO made on sub prime debt has pushed shares lower.

Wal-Mart Stores Inc: Down around 13 percent this past month. WMT is expanding into India. The company also announced that they will be repurchasing shares.

American Eagle Outfitters: Down over 30% in 6 months. I'm a strong believer in this brand.

USA Mobility, Inc: Down nearly 35% the past month. Held by many value managers.

CryptoLogic Limited: CRYP's stock price has suffered recently because of the ban on internet gambling in the United States. Mohnish Pabrai acquired shares at around $25 and CRYP is trading at $21 currently.

M&T Bank Corporation: Down around 20% in 6 months. Berkshire Hathaway has owned shares for a long time.

Lexmark International, Inc: Down 40% in 6 months. Berkshire Hathaway owns shares.

Sears Holdings Corporation: Eddie Lampert's company is down nearly 30% in 6 months.

Tyco Electronics Ltd: TEL just spun off from Tyco. It's down 15% since it first started trading about a month ago.

AutoNation, Inc: AN is down about 20% in 6 months.

Bank of America Corporation: Down about 10% in 6 months. Berkshire Hathaway recently disclosed it owned shares.

Walter Industries, Inc: Recently spun off Mueller Water Products. Down about 10% since it spun-off MWA.

Mueller Water Products, Inc: Down about 15% in a month. Recent spin-off from WLT as mentioned above.

USG Inc: Down 33% in 6 months. I recently researched this company. At the time it was trading at about $45 and now its at $36. I really like the company and if it falls further I will most likely make an investment.

Nicholas Financial, Inc: Down around 20% in 6 months.