Each week, I take a look at which stocks my 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 that my strategies have upgraded or downgraded today. Among those on the move are Chevron and several Latin American firms:
Read more
Archive | June, 2009
Fisher’s Advice — The Old, and The New
June 30, 2009
0 Comments
This month marks the 25th anniversary of Kenneth Fisher’s Forbes magazine column, and in his latest piece Fisher offers his thoughts on what has changed — and what hasn’t — in terms of his portfolio management advice. Among the principles Fisher says he still espouses: Avoid overpaying; Don’t just rely on the price/earnings ratio as [...]
Read moreBuffett’s Best Advice
June 29, 2009
0 Comments
Fortune is running its annual “Best Advice I Ever Got” issue, with respondents ranging from golfer Tiger Woods to Google CEO Eric Schmidt to former Secretary of State and Ret. Gen. Colin Powell. It’s an interesting feature that often offers timeless, valuable wisdom. In the video below, Warren Buffett shares the best piece of advice [...]
Read moreFaber: Gold & Equities the Places to Be
June 29, 2009
2 Comments
Marc Faber, the money manager and Gloom Boom & Doom Report editor who has an excellent track record of market calls, sees severe inflation coming, and says investors should be putting their money in gold and equities — not bonds and cash. Faber says he thinks we most likely saw the market bottom on March [...]
Read moreThe Graham Approach: Still Making Hay after 60 Years
June 26, 2009
0 Comments
Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This week’s issue looks at the Benjamin Graham-inspired Value Investor strategy, which is up more than 26% this year and has averaged annual returns of more than 16% since its July 2003 inception (vs. an average [...]
Read moreNew Normal? For Stocks, More Like Old Normal, O’Neil Says
June 26, 2009
0 Comments
A lot of investors and strategists are spending a lot of time these days trying to envision what the investment landscape will look like when the economy and market settle down. But growth stock guru William O’Neil, the founder of Investor’s Business Daily, says talk of a new era of investing is off the mark. [...]
Read moreO’Shaughnessy on Why Stocks Are Still Attractive, and the Value Resurgence
June 26, 2009
0 Comments
In his latest market commentary, Jim O’Shaughnessy writes that the market is seeing a major flip-flop in leadership similar to what often occurs at the end of recessions, and says that, despite the recent run-up, it’s still a good time to buy stocks. “While many of the once-in-a-lifetime bargains are gone, stocks still look attractively [...]
Read moreWhat Will “Normal” Earnings Look Like?
June 24, 2009
0 Comments
A lot of strategists and investors have been talking about what the “new normal” will look like as the economy recovers from the recent financial crisis and unwinds the excess leverage that many companies and individuals had been using. Mike Thompson, managing director of Standard & Poor’s, offers some interesting thoughts on that new normal [...]
Read moreBuffett Isn’t Seeing Green Shoots — But Says They’ll Come
June 24, 2009
0 Comments
Despite all the talk of “green shoots”, Warren Buffett says that he’s seen no bounce in the economy. He tells CNBC that, while the government has done a good job getting us through the financial crisis, it will take time for the economy to get rolling again. Buffett also gives his take on the need [...]
Read moreDreman “Terrified” of Bonds
June 24, 2009
0 Comments
Famed contrarian investor David Dreman says inflation concerns have him “terrified” of bonds and seeing good times for stocks and real estate. “I think we’re going to have some of the worst inflation, with all the printing presses around the world running 24/7,” Dreman told Reuters. “Probably the two worst investments over the past two, [...]
Read more
