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Stocks

I have been checking on stocks when once in a while, and think I found some things that would be solid investments.

PMI is a mortgage company, that really looks like it took a beating, but I think will stick around and grow back to a respectible value. The price I discovered this at was $13.08 2007/12/04. The P/E is very low, and they're down many time what they were earlier this year. I think if you bought and held this for a couple years you would easily top 20% interest.

My picks

Stock	Company	Value at buy	Notes
PMI @ cnn PMI @ StockPickr	The PMI Group, Inc.	$13.08 on 2007/12/04 ($7.90 on 2008/01/16… so what do I know? I just lost 50%) (ok this is $1.99 now 2008/07/01 WOW!!!!)	I think woefully undervalued. Not that I like bank stocks, but how can mortgage companies loose money? Everyone needs a home.
Ericsson	http://www.ericsson.com/	$22.64 on 2007/12/20	Another one that took a beating, that I can't see why this is down so much
Level 3 Communications Inc	http://www.level3.com/	$3.06 on 2007/12/20	These guys rock (network wise)… but maybe they're no good at business… still $3… why not?