Back on October 24, 2008 I wrote that some stocks had gone down so much that they were bound to come back up. Here's the original post. I listed four stocks in particular that seemed undervalued. First is the price on October 24 followed by Friday's close:
Apple $91.13 now $129.19 up 42%
ebay $14.31 now $17.38 up 21%
Google $327.24 now 407.33 up 24%
Coke $41.12 now $46.87 up 14%
The Dow during the same period is down slightly, 8691 on October 24 and 8574 Friday. That's a loss of 1%.
So, with the overall market down I picked 4 stocks that are all up 14% plus. That's pretty good and I'm going to quit while I'm ahead.
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