Blog Post

There are plenty of stocks offering value. I'm not saying they won't go lower, just that they offer medium and long-term value.

We can start with Google. Google will maintain it's dominance in automated advertising and though Microsoft-Yahoo will bring some real competition, Google is still miles ahead. Microsoft and Yahoo will help Google to grow the market.

Apple fits in here too. It's taking share from PCs, it's smart-phone competitors and it's way ahead in the mobile PC market as iPods change to iPod touches that can do it all.

Other stocks I consider undervalued:

Baidu

Mercadolibre

Shanda

These stocks may come down a little further but their earnings will not be affected as much by the current subprime / housing / credit / consumer slowdown / economic contraction crisis as investors and traders are speculating.

(Stocks mentioned in this post: GOOG, AAPL, BIDU, MELI, SNDA)