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:
