Fund Managers' Black Friday Stock Deals
BOSTON (TheStreet) -- Investors may regard Wal-Mart and Target as the best Black Friday stock picks, but fund managers say International Speedway and Microsoft are among sale items to buy.
Black Friday kicks off the holiday shopping season this week with retailers offering special deals and promotions to draw shoppers into stores. Similarly, money managers are highlighting company stocks to lure value investors.
Value investors try to buy, as is a common saying, $1 for 50 cents. But with the stock market's recent run, investors say it has been harder to find true value picks with the promise of price appreciation. Since the start of September, the S&P 500 has rallied 15%, the Dow Jones Industrial Average has climbed 11%, and the Russell 2000 Value index has jumped 17%.
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