This article is part of our Rising Star Portfolios series.
Last week I penned an article highlighting what I believe to be the 5 Biggest Contrarian Plays Today. This week, I'm buying four of them, plus one additional stock I didn't highlight.
The four plays I'm buying are Research In Motion
The fifth stock I'm buying is Microsoft
While some will say Microsoft's stock hasn't moved in years, I'm fine with that. I would rather own a dividend-paying dominant stock that the market undervalues than a hot stock that could cost me dearly if things go wrong. At these levels, the market is pricing in an absurdly pessimistic future for Microsoft.
Tomorrow, I'm buying $400 of each of these stocks for a 3% position in each.
This article is part of our Rising Star Portfolios series, where we give some of our most promising stock analysts cold, hard cash to manage on the Fool's behalf. We'd like you to track our performance and benefit from these real-money, real-time free stock picks. See all of our Rising Star analysts (and their portfolios) here.