The Little Book of Big Profits from Small Stocks + Websit... and over one million other books are available for Amazon Kindle. Learn more
Qty:1
  • List Price: $22.95
  • Save: $5.95 (26%)
FREE Shipping on orders over $35.
Only 16 left in stock (more on the way).
Ships from and sold by Amazon.com.
Gift-wrap available.
+ $3.99 shipping
Used: Good | Details
Sold by strandbookstore
Condition: Used: Good
Comment: Front list.
Sell yours for a Gift Card
We'll buy it for $2.86
Learn More
Trade in now
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

The Little Book of Big Profits from Small Stocks + Website: Why You'll Never Buy a Stock Over $10 Again Hardcover – November 8, 2011


See all 4 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle
"Please retry"
Hardcover
"Please retry"
$17.00
$10.99 $10.59
12%20Days%20of%20Deals%20in%20Books


Frequently Bought Together

The Little Book of Big Profits from Small Stocks + Website: Why You'll Never Buy a Stock Over $10 Again + Penny Stocks For Dummies
Price for both: $31.54

Buy the selected items together
NO_CONTENT_IN_FEATURE

Best Books of the Year
Best Books of 2014
Looking for something great to read? Browse our editors' picks for 2014's Best Books of the Year in fiction, nonfiction, mysteries, children's books, and much more.

Product Details

  • Hardcover: 146 pages
  • Publisher: Wiley; 1 edition (November 8, 2011)
  • Language: English
  • ISBN-10: 1118150058
  • ISBN-13: 978-1118150054
  • Product Dimensions: 5.4 x 0.7 x 7.4 inches
  • Shipping Weight: 8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (49 customer reviews)
  • Amazon Best Sellers Rank: #255,774 in Books (See Top 100 in Books)

Editorial Reviews

Amazon.com Review




From the Author: Three Stock Types You Need to Know About

Fallen Angel Stocks:
What are they?
These are stocks that were once widely owned and if not loved, at least admired and respected. Something went drastically wrong for these companies and the share price plummeted into single digits.

What you need to know:
When it comes to identifying true fallen angels, there are two key questions you need to ask. The first question is what went wrong. Before you can even consider investing in a fallen angel stock you need to know exactly what went wrong and who is responsible for the problems. The next question then becomes can it be fixed? If so we have a candidate for a fallen angel stock and in my experience the companies that do achieve a turnaround can then see their stock price double or even triple before too much time passes.

Example:
Starbucks (SBUX). Everyone has heard of Starbucks. The stock was a favorite among growth investors for years and rose steadily from its IPO in 1992 until it fell out of favor in late 2006. Wall Street had concerns about competition from McDonald's and Dunkin Donuts, as well as decreased spending from consumers. In 2008, former CEO Howard Schultz returned and was a catalyst for positive changes, revitalizing the company.

It was very easy to answer the question of "can it be fixed?" Positive changes were already underway when the stock market began to fall in earnest and carried Starbucks stock price into single digits. The company made the right decision to protect the brand and not compete on price but instead upgrade the customer experience. The market decline just made a decent opportunity into a great one. The stock proceeded to rise by more than 500% as the economy and the market began to recover.

Undiscovered Growth Stocks:
What are they?
If you can find a great growth company in the early phases of its journey, you can make enormous amounts of money just by sitting still.

What you need to know:
When looking for undiscovered growth stocks we have to think a little differently. We do not necessarily want to own the most popular exciting stocks. If everyone likes them and already owns them, they are probably pretty high in price and much of the gains are already discounted in the price. During the California Gold Rush a few miners got rich, but many more went bust. Almost all of those who went to the territory with the idea of selling supplies to the miners did very, very well for themselves. It might not have been as exciting, but it sure was profitable.

Example:
Magic Software (MGIC). One of the reasons MGIC is undiscovered is that it is based in Israel, and Wall Street often misses smaller international companies. I got interested in the stock earlier this year because Magic is in the midst of an impressive turnaround and has recently increased its offerings in the key areas of cloud and mobile applications. This is the type of opportunity to go after in today's market. It's a solidly performing company with improving financial results and a demonstrated ability to grow its software product and integrate acquisitions. Its strong cash position also helps lessen risk in a slow-growth economy.

Bargain Bin Stocks:
What are they?
Everybody loves to buy something for less than it is worth and the resell it for a large profit. Low-priced stocks that sell for less than the value of the assets they own are one way to accomplish exactly that. I fondly call these bargain bin stocks.

What you need to know:
Finding a bargain bin stock is like buying a Picasso for $1 at your neighbor's yard sale. Bargain bin stocks sell below their book value, which is nothing more than what a company's net worth is. These stocks sell below book value for many reasons. Sometimes it is just a stock that is too small for analysts to follow and the stock price has languished as the assets have grown.

Example:
Zales (ZLC). A great example of a stock that sold for less than its assets and was totally misunderstood is Zale Corporation. The company saw a steep decline in business as the recession took hold and the company came perilously close to going under during the credit crisis. However, Zale management made all the right moves. They brought in outside investors to prop up the balance sheet and allow Zale to survive the tough times. As the economy began to get somewhat better, so did Zale. In November 2010 it was clear the company was in solid financial shape and on the way back to prosperity. At the time I was able to buy the stock as low as $3.23 when Zale's tangible book value was about $4.40. Zale's stock doubled in just six months and I quickly sold the stock to lock up 100% gains when the shares traded at 1.5 time's tangible book value.


From the Inside Flap

Hilary Kramer was a newcomer to the investing world when the markets took a massive tumble in late 1987. While everyone around her was selling like crazy, she was buying as many devalued stocks as she could get her hands on. Her levelheadedness paid off, and she was a self-made millionaire by age thirty. In The Little Book of Big Profits from Small Stocks, Kramer shares her years of insight into low-priced stocks—or "breakout stocks"—a great low-risk, high-reward way to build or rebuild wealth quickly. For years, stocks worth less than $10 have been viewed with disdain by traditional investment logic. Kramer knows how to identify which have the potential to skyrocket and, with this book in hand, so will you.

Breaking with conventional wisdom, Kramer shows readers that just because a stock is cheap doesn't mean it's worthless. Context is everything, and the intelligent investor needs to look at the bigger picture to really understand a stock's value. In many cases, stock prices may be depressed because they belong to new companies with undiscovered worth or established companies engaged in dramatic turnarounds. These stocks present phenomenal opportunities for investors. In fact, many have the potential for a 50 to 200 percent increase in the next six to twenty-four months, and it is these stocks that this Little Book looks at in detail.

Kramer argues that "breakout stocks" have three things in common: most are under $10; all of them are undervalued; and in each case, there are specific catalysts in the near future that put them on the threshold of becoming much more valuable. Once you know what to look for in buying Hilary Kramer was a newcomer to the investing world when the markets took a massive tumble in late 1987. While everyone around her was selling like crazy, she was buying as many devalued stocks as she could get her hands on. Her levelheadedness paid off, and she was a self-made millionaire by age thirty. In The Little Book of Big Profits from Small Stocks, Kramer shares her years of insight into low-priced stocks—or "breakout stocks"—a great low-risk, high-reward way to build or rebuild wealth quickly. For years, stocks worth less than $10 have been viewed with disdain by traditional investment logic. Kramer knows how to identify which have the potential to skyrocket and, with this book in hand, so will you.

Breaking with conventional wisdom, Kramer shows readers that just because a stock is cheap doesn't mean it's worthless. Context is everything, and the intelligent investor needs to look at the bigger picture to really understand a stock's value. In many cases, stock prices may be depressed because they belong to new companies with undiscovered worth or established companies engaged in dramatic turnarounds. These stocks present phenomenal opportunities for investors. In fact, many have the potential for a 50 to 200 percent increase in the next six to twenty-four months, and it is these stocks that this Little Book looks at in detail.

Kramer argues that "breakout stocks" have three things in common: most are under $10; all of them are undervalued; and in each case, there are specific catalysts in the near future that put them on the threshold of becoming much more valuable. Once you know what to look for in buying and selling these bargain stocks, you're primed to make a killing.

Accompanied by a companion website with educational videos, interactive tools, stock recommendations, and much more, The Little Book of Big Profits from Small Stocks is essential reading for individual investors, money managers, and anyone else looking for expert guidance on one of the hottest areas of stock investing today.


More About the Author

Hilary Kramer received her MBA from the Wharton School of Finance at the University of Pennsylvania and within a decade was recognized as one of the best equity investors on Wall Street. She has 25 years of investing experience, first as an analyst (at Lehman Brothers and Morgan Stanley), then as a portfolio manager, investment banker and hedge fund manager, and has managed more than $5 billion in global private equity and publicly-traded investments. By the age of 30 she made her first $1 million investing in her own accounts, and by 37 had enough to retire. Today she is a commentator on Nightly Business Report and regular contributor to MarketWatch.com, and Forbes.com. She is also editor of three investing services for individual investors: GameChangers, Breakout Stocks Under $5 and High Octane Stocks (all for InvestorPlace Media).

Related Media


Customer Reviews

I have rarely found a book about investing to be so useful as well as fun!
schmelke
Hillary does an excellent job by clearly explaining "how to's" for small stocks and where to go to do your own research to find them.
W. E. J.
I would highly recommend this book to both novice investors like myself and professionals.
STEVE FROM BROOKLYN

Most Helpful Customer Reviews

127 of 135 people found the following review helpful By Good Will Hunting on January 18, 2012
Format: Hardcover Verified Purchase
I have never written a book review before, but I felt compelled to finally write a review. I bought this book based on the author's apparently positive reputation and the 30+ Five-Star reviews the book received. I suspect this is a new book and those Five-Star reviews are all from the author's personal friends! This book is disappointing: it is 95% filler and meaningless words. For example: what does several pages on the history of cancer have to do with picking stocks!?

Here, let me summarize the most important things for you: use stock screeners (but, she doesn't tell you which ones) to find stocks with LOW Price/Book ratios (Less than 1) and LOW Price/Sales ratios (even those less than 0.5)...that also have HIGH Revenue and Earnings/Share Growth Rates, Returns on Equities (ROE), etc.

Finally, the author's "magic" website that she gives you access too is: [...] Check it out for yourself. Do you see anything particularly innovative on this website? I don't. Of course, you will have to enter your personal information to access her truly "brilliant" advice so she can, no doubt, continue to spam you with more advertising on something else she wants to sell you.

There...Done. I just saved your $15.00 Your welcome.
8 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
32 of 33 people found the following review helpful By Mark S on March 11, 2012
Format: Hardcover
The main point of the book is that it is much easier for a stock to go from 5 to 7, then from 50 to 70. This is due to lack of institutional ownership, and to market inefficiency at low prices.

The book is for beginners, and mentions a lot of things that experienced investors know.

1. It goes over using value line, standard and poors, and yahoo finance to do research.
2. It tells you to look at insider trading activity.
3. It introduces you to free stock screeners.
4. It has you look at what famous investors own the stock.
5. It has you look at charts.

The best part of the book for me was that it taught me that refiners, and investment companies can get very cheap in a bad economy, and that if you buy them then, you can make huge profits.

The worst part of the book for me, was recommending buying small biotechs. I don't believe the average investor would have any success picking which biotech will succeed, and which will fail. Also, she mentions reading the 10ks, and financial statements, but does not tell you how to do it.

I was personally, very offended by all the reviews I believe to be false. Granted, many people, have one or two friends, write a positive review, but in this case there were 30. I can tell if a review is fake, if it is glowing, and more to the point, if that is the only review the author has ever written. I am surprised that someone at Hilary's level, i.e. a hedge fund manager, a stock analyst, and a commentator on nightly business report, would sink to the level of having 30 friends write in fake reviews.

(I want to update this review by adding one thing.
Read more ›
7 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
6 of 6 people found the following review helpful By D. Coiro on February 19, 2012
Format: Hardcover Verified Purchase
Lacking somewhat on the details but still informative. This should be offered as a paperback for much less money. Screening ideas are helpful.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
6 of 6 people found the following review helpful By Dan Harrington on December 18, 2012
Format: Hardcover Verified Purchase
Very little substance. Chapter after chapter of hot air. Website is worthless. Kramer just wants to make money and have on her resume that she published a book.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
8 of 10 people found the following review helpful By arturogiovani on December 5, 2012
Format: Hardcover
If you have any time of experience with the stock market, then you are beyond this book.
This is for someone who has no clue about the markets whatsoever.
If you buy the book based on the reviews, then go back and read the reviews, it's obvious the reviews are fake.
I was offended.
So I googled the author.
I came up with some of her articles praising the country of azerbaijan.
I did some more research....turns out azerbaijan is an islamic dictatorship swimming in oil money and known to spend $$ lavishly for positive PR.
I have a feeling I've been duped by an author with no ethics.
Disappointed.
2 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
1 of 1 people found the following review helpful By investingbythebooks on March 26, 2014
Format: Hardcover
Hilary Kramer, editor of two investment letters and previous hedge fund manager and equity analyst at Morgan Stanley and Lehman here shares her hard earned insights from 25 years of small cap investing. Her starting point is that of a contrarian searching for beaten down and unloved stocks that have potential for spectacular returns to glory. The limited market value of smaller stocks gives significant stock market profits if large institutions start to buy the shares. After an introduction Kramer kicks off with three chapters covering the three categories of small cap stocks she favors. They are the fallen angels, the undiscovered growth companies and companies in the bargain bin. They all have in common that they are low priced, undervalued and have catalysts that give them potential for higher stock prices.

Fallen angels are previously well-regarded companies that have fallen from grace and have seen tumbling share prices as a result. Prospects could for example be found among the stocks with the largest declines over a period of time. When a list of prospects has been identified the real work starts. According to the author there are two questions to be asked: "what went wrong?" and "can it be fixed?". Without knowing the answers there is no way of distinguishing the potential comeback kid from the structurally impaired that should be avoided at all costs. Kramer correctly warns that the list will turn out "more demons than angels" - so be very picky. Undiscovered growth stocks are longer-term holdings where you just make money by sitting still as long as the company is doing structurally fine. These are not the highflying darling stocks of Wall Street.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews