It is important to assess all potential investments on merit, irrespective of current prejudices. Investors who are able to look through widely accepted fears about ‘forgotten' companies and have the strength to back their convictions stand to profit from the reticence of the broader market
The stock market is a fickle place, with companies and industries going in and out of fashion. So when they are firmly in the dog house, it is important to remember to revisit these stocks that have either been forgotten or consigned to the ‘never again’ bin by the broader market. There can be great short-term bargains to be found in the parts of the market where no one else is prepared to look. Granted, it can be a grubby business picking over the bones. It feels like wandering through the aftermath of some bloody medieval battle, kicking the corpses, looking for signs of life. The n...
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