I don't know how many of you are really tracking the stock markets these days. However, I do know that the stock prices today are quite unrealistic and are a goldmine for the astute, long term investor. You would be surprised to know that the stock price of Kraft Foods, which is listed on the New York Stock Exchange [NYSE] has traded lower this year than the price that the legendary investor, Warren Buffett paid for it last year.
If you look at what Kraft makes, then it beats your common sense how this company could suffer so much in a recession. So, one lesson to remember, while investing in recession, is to keep in mind that stock prices are sometimes beaten down much more than their intrinsic worth.
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2 comments:
however astute u r . u can play in the share market only with sufficiently deep pockets.its almost of no use for people till Rs. 2 lac p.a.
Kraft Foods Group, Inc. (KRFT) is North America's 4th largest ... benefit of dividend investing in a "recession-proof" established food business. commercial NPN buyers
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