Quarterly Monitor: Three years of average double-digit gains for stock funds ended, and bond funds were no safe harbor, either. Read More...
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Sitting on Cash? These 2 Stocks Are Great Buys
If there’s an upside to a rough market, it’s that when stocks fall, they often fall far enough that the company behind those shares looks like a downright bargain. Of course, even a bargain price is no guarantee of a positive return, especially in the near term. Grocery chain Albertsons (NYSE: ACI) has agreed to be bought out for $34.10 per share, less a $6.85 special cash dividend that has already gone ex-dividend.