Cheap Stocks, Everywhere

Note: Cheap Stocks, Everywhere

Of course, you don't a newsletter or a website to tell you that many retail, homebuilding, financial and healthcare stocks are trading near five year valuation lows. The stampede and overweights in many commodity areas are not as extreme as the tech mania in 1999, when mutual funds managers tripled weighted tech and ended up with 60% of their funds in the sector, but a sustained rotation out of the market darlings sets up the potential for a sustained move in the laggards of the last year.

Note: Its good to have a stock in your business.