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Stock to avoid #9 -- Eastman Kodak (EK)

Posted Jul 19th 2009 12:00PM by Jamie DlugoschJamie Dlugosch RSS Feed
Filed under: AFLAC Inc (AFL), Eastman Kodak (EK), Stocks to Sell

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Eastman Kodak stock, EKInvestors continued to sell Eastman Kodak (NYSE: EK) during the second quarter, and shares bottomed at $2 per share.

Looking forward, I recently added Eastman Kodak to my Penny Stock Winners model portfolio as a buy recommendation.

In my opinion, the carnage at Eastman Kodak has been complete and the upside benefit of the digtal revolution is worth the speculation. The company may never fully recover from the last few years, but a small improvement in operations can result in big gains in the stock.

I would be a buyer of Eastman Kodak at these prices.

Next: Stock to Avoid #10

Tags: eastman kodak, EastmanKodak, ek, jamie dlugosch, JamieDlugosch, stocks to sell, StocksToSell

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Last updated: November 22, 2009: 05:18 PM

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