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Chosen
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« on: Feb 26, 2009, 03:05 PM »

http://www.smartmoney.com/Investing/Stocks/15-Great-Investments-From-the-Great-Depression/

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15 Great Stocks From the Great Depression

 

The worst economic crisis since the Great Depression has investors everywhere wondering whether to buy, hold -- or bail. Though there's no telling whether the current global recession will turn into a sepia-toned, soup-lined sequel to that historic calamity, it did get us thinking: If the whole point of stocks is to buy low and sell high, then the Great Depression must have offered some pretty good buying opportunities.

But what were they? SmartMoney.com went in search of the Great Depression’s best buys, with help from the Center for Research in Security Prices at the University of Chicago’s Booth School of Business. The CRSP crunched numbers to find the 50 best performing stocks from 1932 to 1954 by cumulative total return. The result: A dream portfolio for the greatest investors of the Greatest Generation.

Slideshow: 15 of the Top 50 Great Depression Stocks

We started with 1932 because, while the famous market crash occurred in 1929, it didn't hit rock bottom until almost three years later. Even uglier, the Dow Jones Industrial Average didn't regain its precrash level until 1954, meaning it took more than a couple of decades to make investors whole.

Looking over the list is a reminder of days gone by -- and a time when company names were straightforward and even mundane. No Navistars or Altiras here. Fans of "The Simpsons" might recall that Mr. Burns had put money into the fictional Amalgamated Spats, but in real life he should have doubled down on Electric Boat and National Acme Co. The former, which still makes submarines...
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Chosen
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« Reply #1 on: Feb 27, 2009, 05:16 PM »

http://online.wsj.com/article/SB123573389322793621.html

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Brutal February for Blue Chips


A late burst of selling sealed a dismal finish for the stock market, which hit a fresh 12-year low on Friday as Citigroup sold a bigger chunk of itself to the government and General Electric slashed its dividend, spooking investors who were already jittery.

The Dow Jones Industrial Average dropped 119.15 points, or 1.7%, to end at 7062.93. The blue-chip benchmark ended down 937.93 points, or 11.72% on the month -- the worst percentage drop since 1933, when it fell 15.62%. The Dow industrials have fallen six months in a row and are now more than 50% off their record highs hit in October of 2007.
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    * Most Actives | Gainers | Losers
    * New Highs and Lows | Money Flows
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    * Video: MarketWatch Hot Stocks Report on Financials

The S&P 500 fell 17.74 points, or 2.4%, to 735.09. Its financial sector dropped 6.5% and its health-care sector sank 4% on fears that President Barack Obama's reform plans will carve into the profits...
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