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Chasing Value: Cheap Stocks by the Book

In case you need to be reminded to look closely at the books, today's poster boy for erroneous ledgers, Bernie Maddoff, should be a constant reminder. Furthermore, when you are looking at the books, remember that Benjamin Graham, mentor to "my pal Warren," advised buying stocks for less than their intrinsic value. And book value is the starting point in attempting to establish that.

Two weeks ago, I posted an update on my toxic stock picks. These were six unloved stocks where I felt the stage was set for market beating returns. The same is true again for today's market-beating group, although it is not the headlines that tied this group together, but their standout bargain metrics.

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Symbol Lookup
IndexesChangePrice
DJIA+33.6012,529.75
NASDAQ-10.742,839.38
S&P 500+1.821,320.68

Last updated: May 24, 2012: 07:33 PM

Hot Stocks

General Electric

19.25+0.07(+0.36)

Alcoa

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Apple Inc

565.32-5.24(-0.92)

Google Inc 'A'

603.66-5.80(-0.95)

Bank of America

7.14-0.03(-0.42)

Wal-Mart Stores

65.07+0.49(+0.76)

Exxon Mobil Corp

82.61+0.57(+0.69)

Ford

10.59+0.18(+1.73)

Citigroup

26.66-0.49(-1.80)

IBM

196.09-0.03(-0.02)

Yahoo

15.35-0.03(-0.20)

Starbucks

54.76-0.53(-0.96)

Microsoft

29.07-0.04(-0.14)

Home Depot

49.71+0.97(+1.99)

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