UndervaluedSecurities.com Watchlist as of May 21, 2008. The list will be updated monthly as needed.

This watchlist is based on what we believe are list of companies that are selling at low valuation (At least as of May 21, 2008). This list is not recommendation to buy/sell securities for our readers.

2008 is most likely a bearish year for global market (especially US market).  We believe there will be more values coming up later toward the end of 2008. The U.S. in reality is now in recession (at least, Warren Buffett had the same opinion) and therefore, it is possible that the credit market meltdown would create secondary negative ripple effects in the coming months although the worst may be over (the lowest point of the meltdown most likely was the Bear Stearns amazing collapse and subsequent bailout orchestrated by J.P. Morgan and the Fed in mid March 2008).  We stated "may be" because who knows what could happen next. It is a wild wild west on the market nowadays.

"I don't try to jump over 7-foot bars; I look around for 1-foot bars that I can step over." ~ Warren Buffett.

Here is the watchlist: (As of May 21, 2008)

(date source: Yahoo Finance)