6 Stocks Overlooked by Wall Street (Stock Screen)

6 Stocks Overlooked by Wall Street By Jack Hough |Jack Hough Archive |Published: October 9, 2008 Active Discussions on SmartMoney Booze, cigarettes, breakfast cereal and bleach tend to attract investor attention in markets like this. In a grim economy, sales of such goods are likely to hold up better than those of, say, pricey laptops and restaurant meals. But stock valuation matters, too. Over the past year, Clorox has lost a mere 5% to the S&P 500 index's 40%. General Mills , which I last recommended in February, has gained. Both companies now have price/earnings ratios well higher than those of the broad market, despite operating in slow-growth businesses. Their once-alluring dividend yields are now common. Both companies remain strong, but I can't help but think that the defensive names don't look as defensive as they... [read full story]