Everything has gone up. The "Trump Bump" has turned into a frenzy… Nothing is cheap anymore… right? My friend, you are not looking hard enough… Something cheap (and hated) is always out there! Sometimes you just have to look past the headlines to find it… For example, did you know there is an asset out there – that trades in the U.S. – that is currently trading for 50% less than it traded for 40 years ago in 1977? It's true. Take a look… Not only is it down from 1977 prices… It has fallen more than 40% since late 2015! When an asset is in freefall like this, investors give up on it. Speculators stop buying it. And when it gets really bad, people start betting it will keep falling. And that's when I get interested.
investing for beginners: Enerplus Corporation(ERF)
- [By Money Morning News Team]
Enerplus Corp. (NYSE: ERF) is a $2.1 billion oil company based in Calgary and trades on both the NYSE and Toronto Stock Exchange. ERF primarily produces crude oil in the Bakken fields in North Dakota and Western Canada.
investing for beginners: Schnitzer Steel Industries, Inc.(SCHN)
- [By WWW.MONEYSHOW.COM]
I’m adding Schnitzer Steel Industries (SCHN) to the Buy Low Opportunities Portfolio. Schnitzer Steel is both a recycler of scrap metals, and a manufacturer of steel products that are used in nonresidential construction.
investing for beginners: Black Diamond, Inc.(BDE)
- [By Jim Robertson]
At the beginning of the week, our Under the Radar Moversnewsletter suggested small cap sporting & outdoor goods stock Black Diamond Inc (NASDAQ: BDE) as a short/bearish trade:
investing for beginners: St. Jude Medical, Inc.(STJ)
- [By Emily Stewart]
Paulson picked up 45,500 shares of St. Jude Medical (STJ) . The stake is worth $3.5 million as of the end of the second quarter.
St. Jude Medical develops, manufactures and distributes cardiovascular medical devices for cardiac rhythm management, cardiovascular, atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain. It has a $23.6 billion market cap and trades at a P/E of 36.03.