The stock market seems to be having difficulty moving past mid-February highs, and with oil now over $110 a barrel, headwinds may be building to cause a market dip. However, that could be a great opportunity to buy good companies at cheaper prices, if you are prepared with a list of stock market ideas in advance.

By preparing for lower prices and having the benefit of time to do your homework, you will be ready to embrace lower prices and have the luxury of confidence to pick up world class companies at compelling values. It only takes one or two good ideas a year to be successful in investing, and stocks like Johnson & Johnson (JNJ) can represent a great value at lower prices. Plum Creek Timber (PCL) is a stock that is not as familiar to most investors, but pays good dividends and has an excellent total return history over longer time frames.

Investment newsletters are very important to the investor. Once can choose from a myriad of free and other prestigious investment newsletters.
Almost all such investment newsletters have a host of financial experts and journalists who help in writing and forming them. They usually contain tips on investment and market analysis. Topping the list is New York Times Daily Investment Newsletter closely followed by Businessweek / Bloomberg Magazine Newsletter, Forbes Investment Newsletter, MSN Money Investment Newsletter and Motley Fool Investment Newsletter. Among these, New York Times Daily Investment Newsletter has many categories of business, technology and general news and is a good read whereas the Ken Fisher columns in the Forbes Investment Newsletter have been touted as the most accurate stock market forecaster.
Free investment newsletters are not useless as opposed to what people may think and such investment newsletters belonging to news organizations are very resourceful.

Stock market ideas that seek out high growth companies can also incorporate value. For example, it is possible to find companies in the technology sector with high projected EPS growth rates (above 15%) that are also undervalued based on P/E, PEG and P/CF ratios. TIM Participacoes S.A. (TSU) is one such company in the wireless communications industry.

It's projected EPS growth over the next 5 years is over 30%, and technically it is exhibiting strong upside momentum. SunPower Corporation (SPWRA) is another technology company in the semiconductor industry that has high projected EPS growth (27% over the next 5 years) and low P/E ratio. Yingli Green Energy Holding Co. Ltd. (YGE) is also in the semiconductor industry and has similar metrics to SPWRA, but be aware that YGE is a risky stock that is significantly more volatile than the overall market.