Friday, March 16, 2012

Recent Market Rally !

Many investors would have caught off guard with the recent market rally, and the lingering questions in their minds now is if this will sustain or a pull back or some sort of correction would ensue.  Many talking heads in the mainstream media will give their predictions, but as Buffett always says it tells more about the forecaster than the forecast itself. Even with the recent rally stocks are not expensive from a valuation standpoint and they could still be bought at these levels. Well, if the intent is to speculate it's a different matter altogether, but if you're time horizon is  atleast 3 to 5 years and probably beyond, you could buy some of these stocks that are at reasonable valuation levels.

Some stocks that I think are at reasonable valuation levels are.
CSX
NSC
TIF
WBC

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