Introduction:
Twice a year I conduct a screen of North American indexes, international markets, and a top-to-bottom assessment of the existing watch list for Contra the Heard Investment Newsletter. Although valuations remain relatively high and economic conditions are deteriorating, many stocks and countries look attractive. Therefore, we think investors should be able to uncover good investments even in today’s environment.
The goal of this process is to identify opportunities worthy of further review. Contra’s watch list now includes 556 US names, 127 Canadian corporations, and 41 ETFs. By contrast, after the spring review there