Sunday, August 27, 2006

Stocks to Buy: #3 AET

I pitched this one 2 weeks back when it was ~$32. It's $37 now.

This is straightforward. They are recession proof. Secondly, they were beaten down hard by a recent earnings release and were oversold. Third, they have a cash value of $28 per share. In other words, they are trading at a small premium to their cash value. And that cash value is growing 25% per year.

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