This Former Tech Giant Could Make a MAJOR a Turnaround
March 02, 2012 at 13:00 PM EST
A quick review of the stocks contained in my $100,000 Real-Money Portfolio may give the impression that I'm a big fan of turnaround plays. That's actually not the case. Companies like Ford (NYSE: F) are doing very well, and simply suffer from a low valuation assigned to its business. Alcoa (NYSE: AA), trading at more than 75% off it's five-year high, is in fine operational shape, but at the bottom of its cycle. Hasbro (NYSE: HAS) is being punished because it lacks "timeliness," because current initiatives won't fully pay off until 2013 and 2014. You get the idea… Indeed, there are ample other sources for investors to find solid turnaround ideas. It's simply not the . . . → Read More: This Former Tech Giant Could Make a MAJOR a Turnaround