First Eagle Global Fund’s Matthew McLennan says he’s finding markets expensive. McLennan tells WealthTrack that his fund has a cash position in the 20% range, because he’s having trouble finding stocks to be enthusiastic about.
Each week, we take a look at which stocks John P. Reese’s Validea.com Guru Strategy computer models have newfound interest in, and which they have soured on. Here’s a look at some of the stocks John’s strategies have upgraded or downgraded today.
Every day, Validea uses John Reese’s Guru Strategy investing models to rank dozens of industries using a myriad of financial and fundamental data. The rankings include a value index, a growth index, and an overall index that takes both growth and value factors into account. Here’s a look at some of the current top-rated industries using the value index.
Bond guru Bill Gross says he thinks economic growth will fall to 2% for the US, thanks to tumbling oil prices.
Many investors are fearing that the recent tumble in oil prices is a sign of bad things to come for stocks. But Mark Hulbert says sentiment levels indicate that the bull market isn’t done.
With Christmas just around the corner, John Buckingham says undervalued dividend stocks are on his Christmas list.
Nobel Prize-winning economist Robert Shiller says that, while valuations are quite high, he isn’t ditching stocks.