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Oct. 4, 2011, 12:07 p.m. EDT

Value and short ideas after yesterday's big fall

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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
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
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/zigman2/quotes/207281634/delayed
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
loading...
/zigman2/quotes/203434128/composite
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
loading...
/zigman2/quotes/203439053/composite
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
loading...
/zigman2/quotes/203647513/composite
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
loading...
/zigman2/quotes/201205073/composite
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
loading...
/zigman2/quotes/210449693/composite
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
loading...
/zigman2/quotes/209108507/composite
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
loading...
/zigman2/quotes/203660239/composite
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
loading...
/zigman2/quotes/205710729/composite
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
loading...
/zigman2/quotes/202237907/composite
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
loading...
/zigman2/quotes/203240833/composite
US : U.S.: NYSE
$ 7.06
-0.02 -0.24%
Volume: 409,962
Jan. 25, 2022 2:48p
loading...
/zigman2/quotes/200215692/composite
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
loading...
/zigman2/quotes/202627887/composite
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
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