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.
Author’s Introduction:
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.
Contents:
- 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