Stock Values

I bet most people will agree that a good investment is one that has very little downside risk and a good potential for going up in value. While history is no predictor of the future and things can and do change over time, a company that consistently makes money, grows at a steady pace and has an excellent management, would certainly be a potential "good investment." However, every company's stock may go up and down over the short term. The price swings can be rather drastic and often have nothing to do with the state of the company itself, but rather with overall market conditions, economic cycles, rumors on Wall Street and etc. So, why don't more people pickup these stocks when they are down? Is it herd mentality, or is it simply fear?! I say, "Have no fear," head my own advice and rush out to by Johnson and Johnson, while they are down at $60.06. Hope I was right! :)