Reprinted from Barrons (06/26/2017) three weeks ago, Amazon.com ascended to $1,000 a share, rarefied air for even this tech titan, only to lose its footing earlier this month as a surprise rotation out of tech stocks shook the major benchmarks. Alan Lancz was not among those selling the megacap tech names. As a disciple of the famed contrarian investor Sir John Templeton, Lancz, founder and president of the Toledo, Ohio-based investment advisory firm Alan B. Lancz & Associates, is not afraid to go against the flow. He takes profits when euphoria overtakes a stock and looks for beaten-down bargains. But while he thinks the broader technology sector is looking a bit frothy, he isn’t ready to cull his positions in megcap stocks like Facebook (ticker: FB), Amazon.com (AMZN), Apple (AAPL), and Google parent Alphabet (GOOGL)—at least not yet.Full Article: 4 Undervalued Stocks in an Overpriced Market
