Chasing Value: 2011 Stock Picks -- 6, 7, 8, 9

Filed under: International Markets, Good news, General Electric (GE), Brazil, Getting Started, Citigroup Inc. (C), Archer-Daniels-Midland (ADM), Bank of America (BAC), Chasing Value[TM], Oil, Eastern Europe, S and P 500, Housing, Financial Crisis, Brasil Telecom (BTM) , Telefonica SA (TEF), Noble Corporation (NE)

Here are the next four of my 2011 picks. I am behind schedule, after publishing the first 5 earlier in the week (see: Chasing Value: 2011 Stock Picks -- 5 of 11). This year instead of starting completely anew, I am adjusting my 2010 picks. There is no sense in abandoning good ideas just because the calendar turned a page.



You will actually find support of running themes I have been writing about over the past few months. One of these is the idea of making a contrarian investment in a basket of stocks that have been scalded and scolded in the headlines. Six stocks were included in such a group that I called the "toxic stocks" (see: Chasing Value: Toxic Stock Update #3 -- BAC, BP, C, GE, GS, RIG).



Among these six I have already included General Electric Company (GE). Two more will be added today in picks 6 though 9. The starting point is the December 31, 2010 closing price.

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Chasing Value: 2011 Stock Picks -- 6, 7, 8, 9 originally appeared on BloggingStocks on Thu, 06 Jan 2011 18:00:00 EST. Please see our terms for use of feeds.

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