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NDGPY - Resolute Forest Products: Solid Deep-Value Turnaround Play
Nine Dragons Paper Limited ADR
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If you've read some of my recent articles you may know "deep value" is a major theme I find interesting today. With the S&P 500 CAPE ratio at an extreme level of 30X, you'd think that there are few value opportunities available today.
Surprisingly, the opposite seems to be the case. The higher the market goes, the fewer companies participate in the rally and it is only those with a high market capitalization that