Seeds of Wealth: The problem is not where to look for profits -- it's what not to buy!

Seeds of Wealth: The problem is not where to look for profits — it’s what not to buy!

Today's Financial News - Posted October 2, 2008

Market upheaval and turmoil in the banking industry has created an incredible opportunity for investors with cash and a long-term wealth-building perspective. This company, for example, still dominates the industry — and yet costs less than a gallon of super!

Watch this video.

by J. Christoph Amberger, TFN

Looking around the smoking ruins of the global markets, most investors wonder where to find stocks with serious growth potential.

I look at it from a slightly different perspective. With major financial institutions trading at prices less than a Starbucks coffee…. and the world’s largest car manufacturers costing less than a gallon of super… my problem is not where to look, but what not to buy!

Take this car manufacturer. They’ve been battered to a pulp by gas prices and stalling demand. It’s been on a cost-cutting spree… jettisoning the dead weight of pension obligations… slow-selling luxury brands… shuttering unproductive factories… while continuing to push into burgeoning new markets.

Even better, I believe it holds a symbolic meaning for both the old and new administration that will make it a prime target for government subsidies.

The stock has been as volatile as ethereal oils… providing multiple opportunities for fast turn-around gains. I think the current level is as good as it’ll get in a while.

I’ve posted my recommendation over at HotStockConfindential.com. You’d be welcome to join us: Thanks to recent market moves, a good half dozen of our recommendations is still within prime buying range.

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