A Huffalump did his business here...: Mine takeover targets for gold

Friday, September 22, 2006

Mine takeover targets for gold

Many oil, gas and metals stocks have gotten crunched recently, but they're still good choices for the long term. Here's one key to finding potential outperformers in these battered sectors.

In the stock market, you can be right on the long-term fundamentals but still get your head beaten in over the short term. Eventually, of course, those fundamentals will show themselves in the price of a stock. But until "eventually" arrives, your portfolio can take a painful pounding. Many investors who get the fundamentals right can't take the waiting and the pain. They sell long before a rising stock price vindicates their foresight.

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