It may take some time for these issues to catch up to more realistic levels, and in the mean time many of these stocks remain ripe for accumulation. Watch commodity prices and futures markets to discover what resources are expected to be more or less expensive in the medium term. This should indicate which firms will be able to capitalize on cheap resources to boost profits. Interest rates may help or hinder a firm's progress. High debt companies will be forced to pay higher interest charges while low debt companies can focus resources on growing their revenues.
Economic data is a vastly underused resource by most investors.
Inflation, jobs reports and other fundamental indicators will point you to companies that will take advantage of economic conditions to prosper. Resources are always a key sector as the fuel for all of the products and services we use in our daily lives. Profit can often be found in the raw resources that power the economy. Gold is an interesting prospect as a possible flight to security occurs with volatile markets. Exploration and mining stocks rely heavily on the price of gold as a measure of profitability of their concerns.