Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

RSS FEED

» Help

Current DateTime: 05:33:14 15 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

Text Size
Oct.16
4:03 PM ET
Thursday, 16 Oct 2008
Safe Plays for a Dangerous Market

Despite the high level of volatility, MarkTravis, of Intrepid Capital Funds, sees opportunities in this market environment. He advises investors to look for businesses with no financing risk.

His first pick is Oil-Dri [ODC  Loading...      ()   ], a maker of cat litter products.

“Their business is improving, but their share price is not,” he said. “At $12 or $13 (per share), I think you’ve got a third of the market cap in cash and securities and a 4.5 percent dividend.”

Travis is also a fan of beer – beer stocks that is. One of his favorite names is Budweiser [BUD  Loading...      ()   ].

"I think there’s a great arbitrage play right now between now and that deal close with InBev," he told CNBC.

Travis also likes Coca-Cola [KO  Loading...      ()   ] and she retailer DSW [DSW  Loading...      ()   ].

____________________________
CNBC.com Tools:

  • Credit Cards Could Become Next Trouble Spot in Crisis
  • America's Rich Feel Bite of Financial Crisis
  • Slideshow: Budget-Busting States
  • ____________________________
    © 2008 CNBC.com

    Tools:
    PrintEmailAdd This share icon
    • digg share
    ADD COMMENTS
    Remaining characters


    Current DateTime: 07:13:45 15 Nov 2009
    LinksList Documentid: 29778428

    Current DateTime: 07:13:45 15 Nov 2009
    LinksList Documentid: 29779196

    Current DateTime: 07:13:47 15 Nov 2009
    LinksList Documentid: 29779199

    Current DateTime: 07:13:47 15 Nov 2009
    LinksList Documentid: 29779198
      Data is a real-time snapshot  *Data is delayed at least 15 minutes
    Global Business and Financial News, Stock Quotes, and Market Data and Analysis

    © 2009 CNBC, Inc.  All Rights Reserved.
    A Division of NBC Universal
    Thomson ReutersThomson Reuters