Global equity markets continue to bounce lower, but we’re feeling well protected by our heavy cash position. While it’s not as much fun as a portfolio full of great stocks, it’s the surest way we know to preserve capital (and sleep at night) when markets go sour. We have a new stock for the watch list that has been hitting revenue home runs and is ready to start building up its bottom line. And one of our watch list stocks is now rated buy a half.
