Jake Berzon

Five Guru Bargain Stocks

One of the main reasons that Trinity Industries Inc. (TRN) was interesting is because they lease railroad cars that can be used to transport coal. There was a big backlog of orders, too. Thus, Trinity was really an implicit energy play that from afar looked like a value play back in 2007. This is why a bunch of "gurus" ganged up on it and drove its share prices up. I sold it in May at $33+ / share. Now at $11 and forward P/E of 9 TRN is starting to look interesting again, but I will wait for the markets to bottom out before jumping into anything like this. There should be plenty of opportunities coming up.

Seven High-Priced Stock Values

A portfolio equally weighted in these stocks would have lost over 50% in value in just five months. Too bad this article appeared under the "Long Ideas."