At the time of this posting, these are a list of stocks that based on typical valuation models and technical analysis are cheap and oversold. These stocks are likely being priced in for the incoming global recession, but they might have priced them down too far. Most of these stocks have PEs under 3. However, this does not guarantee that they will move higher from these levels. If a symbol has a * next to it, that means it pays a dividend.

SOLF, MTL*, TBSI, DRYS*, ATPG, EXM*, TELOZ*, GNK*, STLD*, CLF*, TX*, TC, X*, YZC*, WLT*, IPHS*, ME, TSL, SOL, YGE, CSIQ, FEED, HOGS, CALM*, LDK, EJ (has a PE of 5.5), JASO, JRJC, MCF, ACY, and there are a boatload more. Many of these stocks have been posted about on StockRake before. The ones that haven’t peak my interest, such as TX and TC.

Even though the bubble bursted on China and commodities, it may have just been a way over leveraged crowded trade that blew out all the speculators. You can see that blowout on anything related to China which is the AG, Coal, Shippers, Oil, and Soft commodities. Both Brazil and China probably have the best growth stories of the 4 BRIC plays.

Some cheap brazil stocks without the same growth rates as above are:
SBS, EDN, UBB*, BBD*

t that is a trend that is strong and more powerful than say tech was in the US. Real growth stories.

Tags: acy, atpg, bbd, boatload, bric, calm, coal shippers, csiq, dividend, drys, edn, ej, exm, feed, hogs, iphs, jrjc, mcf, me, mtl, sbs, sol, stld, stocks, tbsi, tc, teloz, tsl, tx, ubb, wlt, x, yge, yzc