Stocks to Watch, Links to Read

This is just a quick update. I'm looking to buy more Crown Crafts (CRWS.OB), Chesapeake (CHK), Lesco (LSCO), and Nicholas Financial (NICK). By my quick DCF calculations, all of these companies are at least 35% undervalued. With so many stocks to choose from, I haven't been hunting for any other bargains. Check the VIC website for good write-ups on all of these stocks.

Here are a few links to articles that I find worthwhile:
1) The Value Plays blog gives a good recap of what's been happening with Home Depot.
2) He also has an older post on Owens Corning. I should revisit this company.
3) Envoy Global Research rationalizes CRWS.OB's 20% drop after it reported decent earnings today.
4) Eric Schleien recommends CHK as a way to profit from the oil boom.

In my previous post, I decided to sell some of my Microsoft shares. Unfortunately, the stock moved down and MSFT is no longer the stock with the lowest margin of safety. I will hold onto my shares and wait for a better price. There is really no rush.