The rude market of the past month has knocked many stocks down to attractive levels. Investors who are brave, and have a time horizon of one year or longer, can find worthwhile bargains among them.
To take advantage of these opportunities, you have to put aside the fear now enveloping the market like smog. European debt problems, oil gushing in the Gulf of Mexico, heightened tension between North Korea and South Korea and the pending overhaul of US financial laws have all fuelled the downturn. Value investors, as always, need a contrarian perspective, plus some guts. Here are six stocks that have been knocked down to appealing prices, in my view.
To take advantage of these opportunities, you have to put aside the fear now enveloping the market like smog. European debt problems, oil gushing in the Gulf of Mexico, heightened tension between North Korea and South Korea and the pending overhaul of US financial laws have all fuelled the downturn. Value investors, as always, need a contrarian perspective, plus some guts. Here are six stocks that have been knocked down to appealing prices, in my view.
Tata, Reliance, IDEA, ICICI, Suzlan and ACC.
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