Sunday, July 21, 2013

My Stock of the Day: OMX


At oldschoolvalue.com, I see that Officemax, Inc., is a recent selection for its Ben Graham Checkllist Screen.
My 5-year Yahoo chart for OMX shows a robust recovery from the market collapse of 2008-2009 until OMX again pulled back in early 2011. The next major buying opportunity for bottom fishers came in the first half of 2012.
My 3-month screen for OMX suggests another excellent buying opportunity occurred in the second half of June 2013, followed by what may or may not still be a pullback opportunity to acquire shares at a bargain price.
We’ll see.

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