10 Bargain Stocks for Black Friday

Investors, open your wallets! Whether you're looking to fill your trunk with electronics, or your portfolio with stocks, there are plenty of bargains to be had on Black Friday.

You needn't look far to find stocks trading at significant discounts to their 52-week highs. With a volatile stock market and a troubled economy, many companies' shares have taken a beating over the past year.

While hordes of investors have fled the markets, others have been picking through the rubble for potential long-term winners. Warren Buffett recently announced that he's diving back into U.S. stocks in his personal portfolio. Meanwhile, Buffett's Berkshire Hathaway (NYSE: BRK-A  ) has made fresh investments in Goldman Sachs (NYSE: GS  ) , ConocoPhillips (NYSE: COP  ) , and General Electric (NYSE: GE  ) , among others.

To help navigate the sea of bargain stocks, we're looking at companies that have fallen more than 50% from their 52-week highs. But to avoid the value traps, we're also leaning on our Motley Fool CAPS community to help us pick the best of this bunch. Our data has shown that companies earning four or five stars from CAPS tend to outperform the market.

Conversely, companies eking out a lowly one-star CAPS rating have lagged the market. That eliminates companies such as Salesforce.com (Nasdaq: CRM  ) , General Motors (NYSE: GM  ) , and National City (NYSE: NCC  ) , which might otherwise be in the running.

Help us decide which company is the best bargain stock for Black Friday. Read each analysis below, cast your vote in CAPS, and check back next week for the winner. (Just in time for the last of the turkey leftovers to run out.) We're glad that you could join us after the Thanksgiving holiday to look for amazing stock discounts. Now let's get bargain-hunting!

Bargain Stocks for Black Friday:

Both Inside Value and Stock Advisor have recommended Berkshire Hathaway's Class B shares. Apple, Cemex, and GameStop are also Stock Advisor picks, while Cemex is a Global Gains recommendation. Akamai and Intuitive Surgical are Rule Breakers selections. Ctrip.com is a Motley Fool Hidden Gems pick, and Petrobras is an Income Investor selection. The Motley Fool owns Class B shares of Berkshire Hathaway.

Fool Katrina Chan owns shares of Apple, but none of the other companies mentioned. The Motley Fool's disclosure policy is still full from last night's feast. 


Read/Post Comments (7) | Recommend This Article (63)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On November 28, 2008, at 3:00 PM, crhein wrote:

    Fool authors have to stop saying Warren Buffett made this investment, Warren Buffett made that investment. Particularly when it's misleading.

    Warren Buffett bough preferred shares of Goldman Sachs and General Electric, which are more like bonds than stocks. So while they might be "One of 10 bargain stocks for Black Friday", they aren't stocks Warren Buffett just bought. Indeed, as far as anyone knows (that is, as of Berkshire's last 13F filing two weeks ago) Warren Buffett owned exactly 0 shares of Goldman Sachs. He does own GE, but he didn't buy any more common recently (again, as of September 30).

    It's easy to say that Warren Buffett made "fresh investments" in X, but it's not good journalism when it's misleading, and indeed, when some Fools might be persuaded.

  • Report this Comment On November 28, 2008, at 4:24 PM, TMFJoeInvestor wrote:

    I have to disagree, crhein. Sure, none of us could get the same deal as Berkshire did, but you neglected to mention that a key reason Buffett made multi-billion dollar investments in Goldman and GE was for the common equity warrants that were part of the respective deals. I suppose we could haggle about what constitutes "fresh", but it seems pretty clear that Buffett believes strongly in both of these franchises given those sizable investments and his now famous NYT piece imploring investors to "buy American."

  • Report this Comment On November 28, 2008, at 7:20 PM, EricSchleienEIS wrote:

    TMFJoeInvestor,

    Yes Buffett made investments in Goldman Sachs and GE where common equity warrants were part of the deal. But NO he did not just make in investments in the common stock which the article links to after Goldman Sachs and GE.

    "Meanwhile, Buffett's Berkshire Hathaway (NYSE: BRK-A) has made fresh investments in Goldman Sachs (NYSE: GS), ConocoPhillips (NYSE: COP), and General Electric (NYSE: GE), among others."

    Those ticker symbols represent common stock. I can't speak for Buffett but the deal he made comes off to me as much less risky then owning the common outright. If Goldman Sachs or GE's business gets much worse and the common stock ends up tanking he is still making a nice yield. If the stock ends up going up a lot he makes the yield on the fixed income side and then ALSO gets to own shares in Goldman and more shares in GE.

    There's nothing wrong with recommending stocks but just state the facts. Just because you make certain assumptions about what is implied doesn't mean every reader will come to the same assumptions of what it implied. Being clear, honest, and having integrity in writing is what I look for in financial articles I read not hoping my assumptions about what the author means is correct.

  • Report this Comment On November 28, 2008, at 9:32 PM, EaglesonUK wrote:

    It occurs to me that we CAN get pretty much the same deal as Warren Buffet did. Just invest in Berkshire Hathaway...

  • Report this Comment On November 29, 2008, at 12:42 AM, slaveofthegov wrote:

    Eric,

    With regards to your comment to TMFJoel. Nowhere did TMF state that they bought common stock.

    Joel is simply saying Buffet invested in company X and here is the ticker symbol of company X (so you can do your own research).

    What people chose to read or not read into an article is entirely up to them. If we had it your way, each article would be as long as "Moby Dick"

  • Report this Comment On December 01, 2008, at 9:11 PM, foolishfame wrote:

    Regarding the comments about Buffet's "fresh investments" I appreciate all comments that educate, clarify and give accurate context to such blanket statements. I want to be an informed investor. and I appreciate knowing the facts beneath the surface such as in this instance so I am not left having been led down the garden path because of what is left unsaid.

  • Report this Comment On December 06, 2008, at 12:05 PM, snakeflake wrote:

    Black Friday was a week ago. I prefer "stock advice" to br timely. A lot has changed since last week.

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