3 cheap, recession-busting stocks!
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Stock #5:
Cabela’s (CAB)I started taking my daughter fishing when she was three years old. She has been hooked ever since. This year will be our first experience dropping lines from a boat, and I can’t wait. That said, I need to gear up. That means taking a trip to Cabela’s (CAB) to buy all of the latest fishing gear.
Like most retailers, CAB has struggled with a stubborn economy. At the low, CAB traded for less than $5 per share. It has recovered smartly to its current price of $12. I suspect other fathers like me are heading to CAB en masse.
This is not just a bounce from the lows. It’s the start of a new trend higher. Buy some shares of CAB, and then head to a local store to buy gear for your own fishing trip.
Want more summer sizzlers to heat up your portfolio? Get 10 more top summer stocks here.
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