There are many, many places to look for investing ideas. Warren Buffett suggested starting with the letter A. Even though technology is different today than in his early investing career, I still like his advice. I recommend it if for no other reason than to familiarize yourself with different companies and industries that the media or analysts may not cover.
In addition to that intensive research, I also like to take a look at the new 52 week low list. For value investors, this is a great starting place to find unloved stocks. Some, if not most of them should remain unloved, even by you. Occasionally, though, a name from that list will turn out to be unloved by the general market for illegitimate reasons. The challenge is to figure out which stocks belong in which category.
If you're a growth investor or if you follow technicals, the 52 week low list probably horrifies you. Feel free to move along to a 52 week high list.
Below are the nine stocks making new 52 week lows on January 19, 2011. I used MarketWatch's screener and paraphrased the descriptions from Seeking Alpha's company profiles. Where appropriate, I've linked to a Seeking Alpha article discussing the stock.
|Ticker||Name||Price||% Change||Volume||Market Cap|
|CIL||China Intelligent Lighting||2.32||-5.31%||84k||31m|
|CSKI||China Sky One Medical||5.35||-10.68%||841k||90m|
|FARM||Farmer Brothers Company||13.74||-10.89%||37k||221m|
AllianceBernstein: AB provides research, diversified investment management and related services globally to institutional, retail, and private clients. 20 Beaten-Up Stocks With Solid Management Teams
BioCryst Pharmaceuticals: BCRX is a biotechnology company that designs, optimizes and develops novel drugs that block key enzymes involved in cancer, viral infections and autoimmune diseases.
China Intelligent Lighting: CIL manufactures residential, commercial, and outdoor lighting, LED accessories, and other accessories. Still Optimistic About China Intelligent Lighting
China Sky One Medical: CSKI developes, manufactures and markets over-the-counter, branded nutritional supplements and plant and herb based pharmaceutical and medicinal products. 27 Red Flags for Chinese RTO Stock Investors to Look For
HearUSA: EAR operates hearing care centers in the United States.
Farmer Brothers Company: FARM engages in the manufacture, wholesale, and distribution of coffee and non-coffee products in the United States.
PDL BioPharma: PDLI manages antibody humanization patents and royalty assets consisting of Queen et al. patents and license agreements. Call Sellers Target PDL BioPharma
Paragon Shipping: PRGN provides information technology asset and service management software solutions to the private and public sectors. Paragon Shipping: In-Depth Analysis for the September 2010 Quarter
SuperValu: SVU is a grocer operating under the Acme Markets, Albertsons, Bristol Farms, bigg’s, Cub Foods, Farm Fresh, Hornbacher’s, Jewel-Osco, Lucky, Save-A-Lot, Shaw’s Supermarkets, Shop ’n Save, Shoppers Food & Pharmacy and Star Markets names. They also provide supply chain services and wholesale distribution. Supervalu Should Reward Patient Investors With Substantial Upside
Disclosure: I am long SVU.