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In this week’s podcast, we talk about John Dorfman’s latest article in which he discusses four “pummeled” stocks for investors to buy. Dorfman takes a value approach in stock buying – he ‘s very patient and can buy stocks and wait a long time for things to work out.
Here at Mullooly Asset Mangement, we prefer a different approach: we like to be able to open our monthly statement and see the value increase every month.
In his latest article, Dorfman put together a “Casualty List” of the worst stock performances of the quarter. This isn’t really the best approach: there’s not much merit in buying failing stocks. Instead, we believe in buying stocks that are in positive trend,
They’re going up for a reason – because people are buying them.
The Mullooly Asset Management Podcast can be found below. The Podcast can also be found on iTunes. Go to the iTunes Store and simply search for “mullooly.” Under no circumstances should the information contained in this blog or podcast be considered investment advice.
Thank you for listening. We welcome your comments and questions.
Companies mentioned in this podcast:
Best Buy (BBY)
Getty Realty (GTY)
Couer d’Alene Mines (CDE)
Goodrich Petroleum Group (GDP)
Piper Jaffray (PJC)