Excerpt: MBIA’s shares were savaged anew last week, and now its stock looks cheap. It trades for about $8, well below a conservative liquidation value above $30 a share. (Yesterday’s close: $3.90)
Excerpt: Money-management wunderkind Eddie Lampert is likely to succeed in turning around Sears. For investors, the big payoff lies in real estate. Sears Holdings sells for $134 a share, but could have a break-up vaule of more than $300. If Lampert turns around its retail operations, the shares could rally to 200 or more. (Yesterday’s close: $70.91)
Excerpt: The shares, now about $42, could fetch more than 52 in a takeover. And there’s ample room for the current management to improve marketing and cut costs. (Yesterday’s close: $15.51)”