4 Underperforming Blue Chips With Solid Valuations and Good Dividend Yields

I continue to grow more bearish on the short term prospects of the market. Oil prices mercilessly fell Monday after a long run up, but still remain very elevated. Portugal is still working through its bailout terms with the European Union and the IMF, and Spain is now on the clock. Company profit margins are likely to be negatively impacted by rising commodity inflation and the end of QE2 could have a lot of negative consequences that are not factored into the market.All that being said, it is imprudent to keep your entire portfolio in cash while waiting for a significant pullback; especially in an inflationary environment. One of the few areas that appear undervalued, or at least fairly valued are well run, large cap blue chip stocks that have not had the same run up as other sectors like high beta stocks and commodities. I recently ran a... Read more