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Some leads for possible undervalued stocks

The market declines continue and I think the worst is yet to come. Opportunity is pounding at your door and some prudent money shuffling might reward you with some real value buys out there. I've done some stock tip searching to find companies that are being pointed out at as considerably undervalued. I'm providing you the names and links, but you need to do the homework. As always, be certain of the tax ramifications before you move that money around.

Starbucks (NASDAQ: SBUX) has been identified by more than one analyst as being undervalued. Similar to General Electric (NYSE: GE), it's a matter of perceived value more than a balance sheet issue.

Zac Bissonnette wrote today about the value condition of Adams Golf Inc. (OTCBB: ADGO). You'll probably want to check that one out.

In the energy sector, Harvest Natural Resources (NYSE: HNR) is being pointed at as undervalued. Activity is picking up slightly on that name today. It might be a nice time to jump in. Chevron Corp. (NYSE: CVX) is also being mentioned as currently undervalued, although I can't imagine why.

Continue reading Some leads for possible undervalued stocks

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Last updated: May 29, 2012: 12:02 AM

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