Recession? Buy These Three Stocks

Updated from 7:04 a.m. EDT

By Stockpickr Guest Columnist Glen Bradford

Millions of Americans turn on their TVs every night asking themselves, "What's the plan, Wall Street? What's the plan?" And Wall Street coaxingly replies, "Shhh, there is no plan."

It doesn't look so good. The sky must be falling. If you listened to everyone else, you'd never get ahead of them though, would you? Buffett, Fisher and Heebner never got their "secret market-beating strategies" from Wall Street. In my time, all the actionable advice I've received has ended up in bankruptcy, and that's why I do my own research.

A majority of people have no idea what's going on much past what they've gathered by cringing through 20 minutes of television. Yet someone who might barely understand balance sheets and income statements is encouraged to invest. This is where the market opens up opportunities for the wise to take advantage of the foolish.

For my recommendations of three cheap companies, including Manitowoc ( MTW)that are selling at half of face value, visit Stockpickr.com.

This article was written by a member of the Stockpickr community. Stock recommendations and comments presented on Stockpickr.com are solely those of the members quoted. They do not represent the opinions of Stockpickr.com on whether to buy, sell or hold shares of a particular stock. Members should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into a member's stock analysis or opinion. All members are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance or portfolio performance is no guarantee of future price appreciation or performance. Furthermore, Stockpickr.com does not guarantee the accuracy or completeness of information on the site, nor does Stockpickr.com assume any liability for any loss that may result from reliance by any person upon any such information or recommendations. Such information recommendations are for general information only.

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