10 ways to make real money

Liberty Media Interactive is more a retailer than a media stock. Its primary business is QVC, the home shopping network; it also counts e-commerce sites like Pro-Flowers as assets and has a 24% stake in travel site Expedia. But it doesn't actually own the assets; it merely tracks their value for parent company Liberty Media. That could change soon. By the end of 2010 or early 2011, Liberty Interactive will split off into a separate company that owns its assets outright.

How to invest: Buy now to get in at the lowest price, recognizing that the payoff may not come until the restructuring is complete. The stock could jump 36% within a year, according to Brad Hinton, a portfolio manager at Weitz Funds, which also owns shares of the company. Meanwhile, he values Liberty's non-QVC assets (like Expedia) at more than $4 a share. Selling those holdings would allow management to pay down debt or buy back shares, which could also boost the stock price.

What could go wrong: A significant slowdown in consumer spending in Europe could dent earnings, since 21% of QVC's revenue came from the Continent last year.

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