Mad Money Wall Street Contrarian Plays
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Date updated:04-05-2007

In Jim's book "Mad Money", he states that a strategy he likes to pursue is to do the opposite of what the Wall Street analysts are doing, specifically if a stock is moving in the opposite direction of the analysts. For instance, if all the analysts have a "Sell" rating on a stock, but the stock is up 50% off of its lows, then it’s a good time to buy. How come? As Jim says in the book, "[the analysts] are bad at admitting mistakes." Once they are proven wrong, "[they will] hide their shame for getting it wrong." And this is how he games the moment when analysts start upgrading.

Here are 10 stocks that fit this criteria:

At least 10% of Analysts have a Sell rating
Stock is more than 50% off its 52 week low
Stock sells for less than 12x cash flow

symbol name last price % change open
  • +
  • RSH
    Radioshack Corp
  • $17.74
  • +0.40%
  • $17.63

No Analysis added

People owning RSH also tend to own: MTXXRTKUNHUPLUSGHANSHXL

TheStreet.com Rating: C+ What is this?

  • +
  • ENR
    Energizer Hldgs I
  • $56.98
  • +1.66%
  • $55.53

No Analysis added

People owning ENR also tend to own: ALTRAMGNBJSBRLCBCBSDE

TheStreet.com Rating: C+ What is this?

  • +
  • NAV
    Navistar Intl Cp
  • $34.55
  • -0.83%
  • $34.59

No Analysis added

People owning NAV also tend to own: PGTIWLTAXRBIDUCHAPGSPCP

TheStreet.com Rating: D+ What is this?

  • +
  • CECO
    Career Education
  • $22.75
  • -0.31%
  • $22.73

No Analysis added

People owning CECO also tend to own: AXPETQFDCGTWINFSSORCTRMM

TheStreet.com Rating: C What is this?

  • +
  • AMKR
    Amkor Technology
  • $5.72
  • -2.22%
  • $5.76

No Analysis added

People owning AMKR also tend to own: AOBCIBCOGOCUPECFL.PKEZPWFRPT

TheStreet.com Rating: D+ What is this?

  • +
  • UFS
    Domtar Corp New
  • $49.20
  • -0.38%
  • $48.82

No Analysis added

People owning UFS also tend to own: AMXCOVCZZEXHFAFGFAHLX

TheStreet.com Rating: D+ What is this?

  • +
  • SFL
    Ship Finc Intl
  • $11.27
  • -0.09%
  • $11.28

No Analysis added

People owning SFL also tend to own: ALDBMYCNEDSXGAINGOODHTE

TheStreet.com Rating: C What is this?

  • +
  • FCN
    Fti Consulting In
  • $45.40
  • -1.00%
  • $45.68

No Analysis added

People owning FCN also tend to own: BECNGSICGTOPPNKPYXTFRTOA

TheStreet.com Rating: B What is this?

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Portfolio not tracked!

02/08/2007 15:16 PM CST Asked by bill pollard
watch cat if interested in terex.

02/06/2007 12:53 PM CST Asked by Dr. Teri Pike
how do i bookmark this?

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