You love buying your shirts when they go on sale. And who can resist a buy-one-get-one-free offer? So when our stocks go on sale, why do we bemoan their low prices?
Smart investors like Warren Buffett and Marty Whitman love it when their stocks are suddenly selling at bargain-basement prices. For them, these companies become no-brainer buys.
The investors in the Motley Fool CAPScommunity also like a bargain. Below, you'll find five companies whose shares are selling at least 50% below their 52-week highs, but which still earn high honors from our investor-intelligence database. Consider it a BOGO sale on stocks.
Stock
CAPS Rating (out of 5)
% Off 52-Week High
CapitalSource (NYSE: CSE)
*****
58%
Danaos (NYSE: DAC)
57%
Excel Maritime (NYSE: EXM)
53%
Headwaters (NYSE: HW)
****
56%
Pacer International (Nasdaq: PACR)
73% Continued...
Rich Duprey is a writer specializing in the stock market.
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