| The Casual Investor | ||||||||||||
| Investing tips for those who are not yet rich | ||||||||||||
Stock Pick 12/19/2007: KMT
When I ran a query for all stocks that were underperforming the Dow by at least 25%, I found this one, which indicated a 50.74% price drop today. I checked out the fundamentals and the news, and the price drop indicated made no sense! This was a good stock that had no reason to be cut like that; also, the charts didn't show such a drop. This could only mean one thing: KMT was recently split. Stocks that split usually go up in price. Keep an eye on KMT, it may be a buying opportunity. 2007-12-20 02:44:30 GMT
|
||||||||||||