I'm getting excited to buy..
I've been seeing a lot of fear, uncertainty and bad news lately. My own pessimism levels feel a bit high, but my brain is thinking that it's starting to look like a good time to buy again.
Indeed, I am starting to see some sale prices on stocks:
MTW has fallen below $9/share - that's a strong buy from me. I'm currently overweight on this, so I would probably buy something else to diversify more.
EGLE is almost cheap at $4.50/share - if it goes below 4 its a strong buy. Also overweight.
PRGN is at $3.6 / share - strong buy. Possible for me, I don't own any shares yet - but I don't like that they are so much in the bigger capesize vessels.
VWDRY is at $12.75 ( from $23 just a couple of weeks ago ) - if it goes below $12/share its a strong buy. Vestas is truly on sale, but, I might wait on this one - it could get quite cheaper. Wind power is having a very bad year. Longterm, this is not a trend - Vestas is seeing a growing backlog of sales already, so the bottom should be in for them, but the market may penalize them more for lowering guidance this last week.
AONE is at $6.47 / share. I don't own any here, I need to do more research on this one.
STP is near $7.50 / share. Besides the glut of silicon, this is an interesting one.
OTTR is at $18/share. - Safe buy, but not a sale. I've thought about this one a fair amount, a good utility / diversified company with some wind power aspect I like. Less into the vinyl companies...
INTC is at near $18/share - This is another safe but good purchase..
I've been building money in my IRA to make some purchases. So far this is my watch list. Anyone else have thoughts on good deals that you are seeing in the markets now? I'm building ideas before I make my next purchases.
I was just looking at MTL - holy moly! Congrats to AndreyLovesMTL - that stock is at $20/share now.. when I had it in CAPS it was $3.5/share, and I sold at $4.5. Wow that guy was right!