A well-crafted watchlist is critical to smart investing: It can help you find attractive buying opportunities, and it can save you from rushed, emotional decisions by slowing down the process. The Fool now offers MyWatchlist.com, your free customized hub to follow the performance and Fool news and commentary about the companies you're watching.
But what to put on your watchlist? In the latest entry in our ongoing series, Motley Fool analyst Jim Royal shares three companies he feels are just too cheap to pass up. And unlike many of the articles in which our analysts and advisors offer up their ideas and specific catalysts that would vault the stocks from their watchlists to their portfolios, Jim says all of these are ready to buy now.
The retail world is rife with companies that are downright cheap with very little in the way of downside risk. The shiny latest things have stolen much of the spotlight from all three of the unloved and overlooked companies at the top of Jim's list, but that doesn't take anything away from the sturdiness of the businesses.
Buzz has been wrested away from Microsoft
The story at Wal-Mart
Gap
And that's exactly why it pays to watch. You can make smarter investing decisions with your own version of My Watchlist, new and free from the Fool. Click below to start following one of the stocks mentioned above: