There are two stocks we first wrote about in November of last year that sold off Friday. If you like to buy on weakness, consider revisiting these ideas.
Check Point Software Technologies (CHKP) is a leading provider of internet security solutions. CHKP has almost every Fortune 500 company as a customer, unbelievable 50%+ net profit margins, no debt, and $1.3 billion in cash. The forward P/E is 12.78 according to Yahoo Finance. Read our original post on CHKP.
Finish Line Inc. (FINL) is a growing retailer of sneakers and athletic wear. The company has a long history of sales growth, high insider ownership, no debt, a small dividend (unusual for a company with a $775 million market cap), and an 11.74 forward P/E. Read our original post on Finish Line.
At this writing (Fri. 10AM) , CHKP is down 4.4% on the day due to downgrades and FINL is down 6% on its latest earnings. If you determine that these are only temporary setbacks, you might find these companies interesting. We do.
Do your homework! Posts are presented as ideas for you to research and not as investment recommendations.