The Superstock Investor: Profiting from Wall Street’s Best Undervalued Companies
In The Superstock Investor, stock-picking icon Charles LaLoggia provides the tools and insights sharp investors need to uncover ready-to-perform stocks—and walks the reader step-by-step through the process of identifying and selecting these stocks before they break out to become true Superstocks.Whether sniffing out prime consolidation candidates or spotting takeover candidatesin multiple-bidder situations, The Superstock Investor provides every clue active investors need to find the best in undervalued stocks.
The Superstock Investor shows you the clues, or Telltale Signs, that can point you toward stocks like these. I know these Telltale Signs exist because I have been using them for 25 years to pick countless takeover targets. My success in recognizing these signs is a matter of public record, as you will see. During one particularly productive 55-month period through September 2000, a total of 48 of my recommended stocks received takeover bids.
I want to make one thing perfectly clear at the outset, though: What you will learn in this book is not a “get rich quick” method of investing. There are no sure things in the stock market except this: There are no sure things! I have seen countless systems and approaches to stock selection and market timing come and go.
Many work for a while—sometimes for quite a while—and then fall into disfavor and disrepute because they simply stop working. Nobody knows why. Some resurface years later and begin working again, “discovered” by a new generation of investors.
- A Defining Moment
- A Superstock Is Born
- Stock Selection
- Investing Paradigms: A New Way of Thinking about Stock Selection
- The Twilight of Index Investing
- Experts: What Do They Know?
- What Is Value?
- Chapter Eight
- If Everybody Knows Everything, Then Nobody Knows Anything
- Creeping Takeovers
- How to Create Your Own “Research Universe” of Takeover Candidates—The Telltale Signs
- How to Use the Financial Press
- Family Feuds
- “Beneficial Owner” Buying
- The “Pure Play” and the Drugstore Industry
- Using Charts
- The Domino Effect
- Merger Mania: Take the Money and Run
- Look for Multiple Telltale Signs