What do you see that is truly cheap on an absolute basis? I bought a little bit of BEN a few days ago at $19.95 because I thought it looked cheap.....well it just got cheaper.
I think BUD looks cheap today with a 4% yield and at 12 times consensus earnings. It's 60% off of its high. People have been drinking beer for thousands of years -- don't think they'll be stopping soon.
Anybody see anything (quality) that looks truly cheap on an absolute basis?