When retailers have sales, the unknown names are often the ones that get discounted the most. It’s common to get a deal on names that no one’s ever heard of before, but when a brand name goes on sale, everyone takes notice. That discounted price won’t last long. The recent correction in the marketplace created some value opportunities across the board — brand names included. Normally, value investors look for relatively unknown or obscure names that analysts have glossed over or ignored entirely to find price disparities that they can take advantage of. But when certain conditions align, even big… Read More
When retailers have sales, the unknown names are often the ones that get discounted the most. It’s common to get a deal on names that no one’s ever heard of before, but when a brand name goes on sale, everyone takes notice. That discounted price won’t last long. The recent correction in the marketplace created some value opportunities across the board — brand names included. Normally, value investors look for relatively unknown or obscure names that analysts have glossed over or ignored entirely to find price disparities that they can take advantage of. But when certain conditions align, even big names can get discounted and make for an easy portfolio pick-up. Like the name brand retail sale, these high quality stocks won’t stay under-priced for long. Take a look at Magna International, Inc. (NYSE: MGA), a $20 billion automotive parts wholesaler that operates on a global scale. The company has been aggressively expanding with the acquisition of Techform Group Of Companies, as well as the opening of two new plants in India. The auto industry is set to grow for 2015. U.S. sales rose 9% in September compared to the same month last year, while IHS Automotive predicts total… Read More