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The Superstock Investor

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The Superstock Investor

Profiting from Wall Street's Best Undervalued Companies

McGraw-Hill,

15 min read
10 take-aways
Audio & text

What's inside?

Detach yourself from the investment herd.

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Editorial Rating

8

Qualities

  • Comprehensive
  • Engaging
  • Insider's Take

Recommendation

At first glance, this book may look like just another tediously detailed behind-the-scenes guide to picking stocks. But the delightful surprise concocted by authors Charles M. LaLoggia and Cherrie Mahon is the book’s page-turner narrative and laugh-out-loud wit, which they often use effectively to nail critical points. The authors focus on how to spot and invest in undervalued companies.getAbstract.com recommends this book to investment professionals (hey, the way things are going, a few fresh insights can’t hurt) as well as to anyone, including Sunday speculators in need of a good laugh.

Summary

Superstocks

The stock market is brimming with good stocks that you may not be aware of... at least, not yet. These stocks have yet to be discovered by mainstream analysts and investors. How can that be? If a stock is solid, doesn’t everyone know about it? Not necessarily. Some surprisingly strong companies become undervalued relative to their intrinsic value for any number of reasons: unexciting growth prospects, erratic recent earnings or other non-value considerations. These stocks can coast for years without investors driving their prices up to more realistic, fully-valued levels.

These superstocks often experience value breakthroughs during events that leave the markets no choice but to finally place their values near, at or even above their intrinsic values. These triggers actually are events you can learn to anticipate, putting you in a position that any investor would envy - you buy a stock at a bargain price and soon it’s flying sky high, bringing you plenty of earnings. These breakthrough, value-building events include several different catalysts, including takeover bids, spin-offs and stock buybacks.

Surprisingly accurate clues and telltale signs precede...

About the Authors

Charles M. LaLoggia is the editor of Superstock Investor, a newsletter that focuses on companies that are likely targets of takeovers or other price catalysts. A former insider trading analyst with Merrill Lynch, he has been featured in a variety of national financial media, including The New York Times, The Wall Street Journal and BusinessWeek. Cherrie Mahon is Director of Research for Superstock Investor. Before joining the newsletter, she was a successful stockbroker with a major brokerage firm.

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