A shell-shocked economy, spiraling debt at financial institutions, or just plain bad management -- on any given day, investors can name a number of reasons to sell a stock. Yet while panic is never beneficial to investors, it's still a good idea to play devil's advocate with investments from time to time.
Consider cell-phone king Nokia
Stiffer competition: Nokia may still be the leader, but investors argue that competition from Research In Motion
Heavy cuts: Nokia recently said it's cutting its sales forecast, reducing its dividend, and following wireless brethren Sprint Nextel
Profitability pressure: Similar to Qualcomm
Of course, Nokia has survived and thrived in the past despite dozens of obstacles. But the question about whether now is the best time to buy a proven leader is why CAPS is such a great resource to augment your own analysis.
The Motley Fool Inside Value service looks for solid companies like Nokia whose shares are beaten down to dirt-cheap levels. To see what companies the analyst team believes are priced way below intrinsic value today, take a free 30-day trial.
Fool contributor Dave Mock wishes he could choose punt as an option on his mid-term exams. He owns shares of Qualcomm and Motorola and is the author of The Qualcomm Equation. Nokia and Sprint Nextel are Inside Value picks. Apple is a Stock Advisor recommendation. The Fool's disclosure policy consumes 15,000 calories a day but burns it all playing the Wii.