Value and short ideas after yesterday's big fall

By Mick Weinstein

Following the S&P 500's crash through its 1,100 support line yesterday, some value-oriented long ideas and smart short cases seem appropriate.

LONG

While big solar names such as Solyndra and Evergreen outright collapsed this year, and others like First Solar /zigman2/quotes/209356097/composite FSLR -1.14% have swooned, alt energy investor Tom Konrad went behind the hyped panel to discover two solar power inverter companies he's now long as value plays : SMA Solar Technology /zigman2/quotes/207281634/delayed SMTGF +1.94%   and Power-One .

On the iShares blog, Russ Koesterich sees energy companies as a bargain in the wreckage .

Roger Nusbaum - whose longstanding blog is a must-read on the process of portfolio management - sold out of Caterpillar /zigman2/quotes/203434128/composite CAT +0.87% earlier this year due to recession concerns, but believes the stock "will go to $130 at some point even if it gets there by way of $60." Roger contrasts CAT to Nike /zigman2/quotes/203439053/composite NKE +0.93% , which he still owns.

As gold and silver speculators head for the exits, the smart money remains, according to Jordan Roy-Byrne .

Frank Voisin sees MIND CTI /zigman2/quotes/203647513/composite MNDO -1.59% as "between 25% and 40% undervalued."

SHORT

Why Sirius XM /zigman2/quotes/201205073/composite SIRI +0.33% could easily drop from the current $1.45 to under a buck .

Greg Harmon notes that even the strongest financial sector stocks - like CME Group /zigman2/quotes/210449693/composite CME -0.14% , Intercontinental Exchange /zigman2/quotes/209108507/composite ICE -0.46% and Visa /zigman2/quotes/203660239/composite V +1.46% - have broken down .

The disaster scenario for chip stocks like Broadcom , SanDisk , Micron /zigman2/quotes/205710729/composite MU -1.16% and Texas Instruments /zigman2/quotes/202237907/composite TXN -0.39% .

Dan Plettner shorted closed end fund Liberty All-Star Growth /zigman2/quotes/203240833/composite ASG -0.24% for these reasons .

Goldman cut its metals forecast - bad news for copper names like Freeport-McMoran /zigman2/quotes/200215692/composite FCX -0.83% and Rio Tinto /zigman2/quotes/202627887/composite RIO +0.82% ?

The opinions offered herein are not personalized recommendations to buy, sell or hold securities.

/zigman2/quotes/209356097/composite

Add to watchlist FSLR

First Solar Inc.

US : U.S.: Nasdaq

$ 77.04

-0.89 -1.14%

Volume: 680,678

Jan. 25, 2022 2:50p

P/E Ratio

18.04

Dividend Yield

N/A

Market Cap

$8.29 billion

Rev. per Employee

$514,763

/zigman2/quotes/207281634/delayed

Add to watchlist SMTGF

SMA Solar Technology AG

US : U.S.: OTC

$ 34.66

+0.66 +1.94%

Volume: 200.00

Jan. 25, 2022 1:32p

P/E Ratio

29.44

Dividend Yield

N/A

Market Cap

$1.19 billion

Rev. per Employee

$326,550

/zigman2/quotes/203434128/composite

Add to watchlist CAT

Caterpillar Inc.

US : U.S.: NYSE

$ 216.20

+1.87 +0.87%

Volume: 2.26M

Jan. 25, 2022 2:50p

P/E Ratio

23.01

Dividend Yield

2.06%

Market Cap

$115.94 billion

Rev. per Employee

$497,811

/zigman2/quotes/203439053/composite

Add to watchlist NKE

Nike Inc. Cl B

US : U.S.: NYSE

$ 147.36

+1.36 +0.93%

Volume: 4.97M

Jan. 25, 2022 2:50p

P/E Ratio

38.41

Dividend Yield

0.83%

Market Cap

$230.87 billion

Rev. per Employee

$632,224

/zigman2/quotes/203647513/composite

Add to watchlist MNDO

MIND C.T.I. Ltd.

US : U.S.: Nasdaq

$ 3.08

-0.05 -1.59%

Volume: 14,343

Jan. 25, 2022 2:36p

P/E Ratio

10.74

Dividend Yield

8.42%

Market Cap

$62.56 million

Rev. per Employee

$139,277

/zigman2/quotes/201205073/composite

Add to watchlist SIRI

Sirius XM Holdings Inc.

US : U.S.: Nasdaq

$ 6.07

+0.02 +0.33%

Volume: 15.08M

Jan. 25, 2022 2:49p

P/E Ratio

75.91

Dividend Yield

1.45%

Market Cap

$24.20 billion

Rev. per Employee

$1.50M

/zigman2/quotes/210449693/composite

Add to watchlist CME

CME Group Inc. Cl A

US : U.S.: Nasdaq

$ 223.94

-0.31 -0.14%

Volume: 828,233

Jan. 25, 2022 2:49p

P/E Ratio

32.91

Dividend Yield

1.61%

Market Cap

$80.60 billion

Rev. per Employee

$1.06M

/zigman2/quotes/209108507/composite

Add to watchlist ICE

Intercontinental Exchange Inc.

US : U.S.: NYSE

$ 124.74

-0.58 -0.46%

Volume: 1.59M

Jan. 25, 2022 2:49p

P/E Ratio

23.01

Dividend Yield

1.06%

Market Cap

$70.61 billion

Rev. per Employee

$1.12M

/zigman2/quotes/203660239/composite

Add to watchlist V

Visa Inc. Cl A

US : U.S.: NYSE

$ 204.80

+2.95 +1.46%

Volume: 8.00M

Jan. 25, 2022 2:50p

P/E Ratio

37.20

Dividend Yield

0.73%

Market Cap

$425.14 billion

Rev. per Employee

$1.12M

/zigman2/quotes/205710729/composite

Add to watchlist MU

Micron Technology Inc.

US : U.S.: Nasdaq

$ 81.99

-0.96 -1.16%

Volume: 13.51M

Jan. 25, 2022 2:50p

P/E Ratio

12.60

Dividend Yield

0.49%

Market Cap

$92.89 billion

Rev. per Employee

$688,814

/zigman2/quotes/202237907/composite

Add to watchlist TXN

Texas Instruments Inc.

US : U.S.: Nasdaq

$ 177.64

-0.70 -0.39%

Volume: 3.95M

Jan. 25, 2022 2:50p

P/E Ratio

22.69

Dividend Yield

2.60%

Market Cap

$164.70 billion

Rev. per Employee

$586,267

/zigman2/quotes/203240833/composite

Add to watchlist ASG

Liberty All-Star Growth Fund Inc.

US : U.S.: NYSE

$ 7.06

-0.02 -0.24%

Volume: 409,962

Jan. 25, 2022 2:48p

/zigman2/quotes/200215692/composite

Add to watchlist FCX

Freeport-McMoRan Inc.

US : U.S.: NYSE

$ 39.63

-0.33 -0.83%

Volume: 17.08M

Jan. 25, 2022 2:50p

P/E Ratio

14.99

Dividend Yield

0.76%

Market Cap

$58.66 billion

Rev. per Employee

$842,776

/zigman2/quotes/202627887/composite

Add to watchlist RIO

Rio Tinto PLC ADR

US : U.S.: NYSE

$ 73.87

+0.60 +0.82%

Volume: 2.97M

Jan. 25, 2022 2:49p

P/E Ratio

6.43

Dividend Yield

9.29%

Market Cap

$116.87 billion

Rev. per Employee

$1.22M