If your portfolio has declined this year, you are not alone. Blue chip stocks and value stocks have not fared well in 2015.
The Dow Jones Industrial Average, which contains many of the leading blue-chip stocks, has dropped 5.1% thus far in 2015, and the S&P 500 Value Index has declined 6.6%. My Cabot Value Model has dropped 8.7%, and the Cabot Enterprising Model has slipped 5.6% in 2015.
How have the other measures of the market performed? The Nasdaq Composite has produced a gain of 1.2%, and the S&P 500 Growth Index has climbed 0.2% so far in 2015—faring much better than blue-chip and value stocks.
Because of the drop in value stocks, you might be less attentive to my conservative recommendations in the Cabot Benjamin Graham Enterprising Model. However, now is the perfect time to pick up bargains that will outperform in 2016 and beyond!
Select blue-chip stocks are selling at the lowest levels in many years, with low P/Es and high yields. At the current prices, you should not pass them up. Bargains like these come along only once in a decade!
This is an excerpt from Cabot Benjamin Graham Value Investor, which features the very best undervalued stocks to buy right now. Chief Analyst J. Royden Ward tells you exactly which undervalued stocks to buy and when to take profits. This advisory is ideal for conservative investors.
Subscribers' comments on Cabot Benjamin Graham Value Letter