Over the last couple of weeks, activist investor Carl Icahn has made a couple of attention grabbing bets in very beaten down stocks. First, he made a significant investment in the much-maligned Chesapeake Energy (CHK). Second, he added to his position in Navistar International (NAV) after the company's stock plunged following a weak quarterly report.
Should investors follow Icahn into these two stocks trading around the bottom for the last couple of years? Considering that both stocks have been on our list of stocks to follow, the moves caught our attention.
Read the full article on Seeking Alpha.
Disclosure: No positions mentioned. Please review the disclaimer page for more details.