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Ethanol Is Oversold: Three Bounce Stocks - Barron's

 Jun 08, 2008 11:50 AM UTC
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Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Once-in-vogue ethanol stocks have taken a beating over the past year as investors went from wildly bullish to wildly bearish due to concerns about a production glut, and claims ethanol is a driving force behind rising food prices -- which could threaten its coveted government subsidies.

But Barron's Andrew Bary thinks the ethanol rally will resume. "The stocks are depressed, the businesses are profitable and the companies generally trade below the replacement cost of their ethanol plants."<!---->


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