Borders Group Inc. (fka BGPIQ)

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6 Beaten-Down Stocks With Sales Growth

You’re closer than you think to being able to afford a company with $1 billion in yearly sales. The average such company fetched around $1.7 billion in mid-2007. Now it goes for less than $1 billion. And if you don’t care about quality, prices are far lower.


Remember Pier 1 Imports (PIR: 0.40, +0.03, +8.10%), the home furnishing chain? It still rings up $1.3 billion in yearly sales. It’s yours — the whole chain — for $31 million. Like books? Have Borders (BGP: 0.45, +0.05, +12.50%). Its sales will top $3 billion this year. Next year, too. The company sells for $23 million. Put it this way: You can own more than 500 book superstores, just under 500 mall bookstores (Waldenbooks) and a U.K. paper products chain for less than four times the price of hedge fund mis-manager Bernard Madoff’s Park Avenue apartment.