Buy Ritchie Bros. Auctions (RBA)
posted on December 3, 2009 at 3:41 pm
The perfect stock for the current economic uncertainties probably doesn’t exist. These shares would have to shine if the economy recovers in 2010 as strongly as optimists now think and do well if the recovery is only tepid and even climb if the economy slid back toward recession in 2010.
You can certainly understand why I’d want to find such as stock, right?
Probably doesn’t exist, as I said. But that doesn’t stop me from looking. And I’ve found a stock that while not perfect gets me two-thirds of the way to an all-economic-weather buy.
I’d adding shares of Ritchie Bros. Auctioneers (RBA) to Jubak’s Picks with this post. Read more
