Spring Picks March 6th 2009
Legacy Reserves (LGCY) $7.81 Yield 26.63% - Oil and gas, excellent fundamentals, incredible dividends, oversold and an absolute steal at <$8, 3 month/12 month target price $12/$17 or just hold forever, only negative is high volatility making a trailing stop pointless.
Village Supermarket (VLGEA) $25.75 Yield 2.87% - Defensive consumer staples, experienced management, excellent growth prospects, lots of cash, only ~15x P/E and pays a generous dividend, currently not tracked by any analysts so buy it before it gets noticed and enjoy the ride.