Why AIG (AIG) Is a Bargain and Ford (F) Is Not
Aug 28th, 2008 | By Lynn Carpenter | Category: Featured, Financial NewsWhen stocks are beaten down, many investors are tempted to bottom fish for bargains. There is nothing wrong with this. There are major profits to be made in bear markets.
But Lynn Carpenter in Investor’s Daily Edge cautions investors against confusing a low stock price with a bargain: “Potential, not price, is the metric to follow when you’re tempted to bottom fish.”
That’s why insurer American International Group (NYSE:AIG) is a potential bargain and Ford Motor Company (NYSE:F) is not…