Wall Street Manna
An irreverent look at Wall Street
Thursday, November 5, 2009
With all the M&A activity going on, I think you should take a look at Fortune Brands at under $40.
I think it is cheap, a good play on the recovery, and it has pulled back to a very good entry point.
This morning, BAC/Merrill initiated the stock with a neutral rating; I think that is wrong. I'd buy it here.
But here's the report, along with their morning research.
You can make your own judgment.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)