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The Best Stocks Come to Those Who Wait

By Sham Gad

About this article:
The market selloff of the past two weeks is starting to have some legs. The S&P 500 is off almost 10% since it touched 950 a few weeks ago. There's a good chance it could go lower if companies forecast a slow second half of 2009. Times like this is when the buying opportunities emerge. Remember four short months ago when you could have picked up Goldman Sachs at $73 or Central European Distribution at $7? Goldman is up nearly 100% and CEDC more than 300%. As markets go lower, investing in quality companies becomes an even better opportunity. The economy and the market are still very fragile, which means we could have a quick shake-up that gives investors another chance to pick quality names at historic bargains. Consider the following names that are good bets now but could be excellent buys if we see a...

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