Trainer: Misleading p-e ratios make for stock troubles

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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David Trainer of New Constructs put three stocks -- Landec Corp., Brooks Automation, and Host Hotels and Resorts -- in the Danger Zone noting that all three had misleading price-earnings ratios that could lead investors to think the stocks were rising in value when in fact he feels their true worth is collapsing. Also on the show, Greg McBride of Bankrate.com discusses American's financial security, we rebroadcast a recent chat on the market with Patrick O'Hare of Briefing.com, and Eric Marshall of the Hodges Funds has the Market Call.