Sunday, October 14, 2018

"The market correction has opened up some preliminary value bargains that are worth mentioning. With a long term perspective you can get some wonderful investments".

Dow Jones Industrial Average 25,339.94  (Down) 
Week ending 10/12/2018    S & P 500 - 2767.13



You are probably thinking I have been really lazy and kicking back on doing my blog , but I have been very busy in my business and personal life and just got back from a business trip in Houston, TX. The current and very normal correction has opened up some opportunities to purchase stocks at a bargain.  I will list them in no particular order.

United Rentals Inc. - (URI)  - $137.88   Plenty of earnings here going forward and a real bargain.




Capital One Financial Corp - (COF) - $90.79 Great entry point for long term investment. Still operated by the family founders of the company. 

Celgene -(CELG) - $82.58  Earnings rolling up well here. Need to check if affected by new generic products. Watch the revenue growth numbers with recent slowing.




ZTO Express - (ZTO) $16.25 - this transporter/ deliverer of Alibaba products in China through a woven delivery network. Great forward growth potential.

Whirpool - (WHR) - $103.83 - Buy this one after the earnings call on October 26th. Probably will take a hit on the tariffs, but will give you a great entry point then. This has most everything priced in already and tends to correct earlier then others.

Colfax Corp - $32.29   - This "baby" Danaher industrial fits perfect in your portfolio here and is a great value. 



You should do some extra homework on these just to make sure that you want to invest for a 2 to 3 year period.  URI and ZTO are probably the most timely buys right here of the group.



 "Freewilly has given us plenty to think about. Always keep some cash on hand also for future bargains."

         Fall is finally here in the Northeast USA.  Rain be gone!  Have a great October.

         Freewilly