While many investors are afraid of healthcare stocks right now because of the possibility of major industry reforms, the lone diversified stock fund manager to make money in 2008 is bullish on the sector. Tom Forester of the Forester Value fund says he thinks much of the potential bad news is already priced into healthcare [...]
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Archive | October, 2009
Leuthold: Good Things Coming for Stocks in Nov., Dec.
October 22, 2009
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Steven Leuthold, a longtime bear who turned bullish earlier this year, remains a bull as we head into the home stretch of 2009. He tells Bloomberg news that he thinks we’ll see something of a capitulation in November and December by those who have thus far been cautious.
Read moreBe Nimble in this Market, Mauldin Says
October 21, 2009
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John Mauldin, one of the few strategists who saw last year’s market meltdown coming, now says that he thinks the current environment calls for “nimble” investing. Mauldin tells Yahoo! TechTicker that he thinks investors can be traders or “ride the wave” in the current market, but adds, “I don’t think you want to buy something [...]
Read moreBolton Likes Value Stocks, Techs, Financials
October 21, 2009
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Earlier this month we highlighted U.K. mutual fund guru Anthony Bolton’s call about a multi-year bull market being in the works, with developing nations leading the way. Today, speaking at a conference in Korea, Bolton expanded a bit on those comments, saying that he doesn’t think we’ll see a double-dip global recession. “We are in [...]
Read moreGuru Strategy Rating Changes: Apple Slides, Zimmer Rises
October 21, 2009
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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 the big-name movers: Apple and Zimmer Holdings.
Read moreFisher’s Price/Sales Approach Still a Winner
October 20, 2009
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Every other issue of The Validea Hot List newsletter examines in detail one of John Reese’s computerized Guru Strategies. This latest issue looks at the Kenneth Fisher-inspired Price/Sales Investor strategy, which has produced annualized returns of more than 13% since its inception more than six years ago, a period in which the S&P 500 has [...]
Read moreBuffett Says Worst Is Over for Economy
October 20, 2009
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Warren Buffett says that, while the near-term may not be easy sailing, the low point of the economic downturn has passed, The Wall Street Journal reports. Buffett, who made his comments at a gathering of payments industry executives, said that “enormous” progress has been made in the past year. The Journal also reports that Buffett [...]
Read moreTilson Sees Surge in Defaults, Market Downturn
October 20, 2009
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Whitney Tilson, the columnist and money manager who called the housing crash, is now betting on another downturn in the stock market. Tilson, of T2 Partners, tells CNBC that “we’ve doubled our short book from 30% to 60% and we’ve trimmed our long book from 120%to about 90%.” His favorite short area: homebuilders. Tilson, who [...]
Read moreGreenblatt Says It’s All about Discipline
October 19, 2009
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Often times, investors get the idea that beating the market requires complicated strategies, whether in the form of complex mathematical formulas or highly technical timing mechanisms. Others assume that an investor needs to have some sort of specialized, inside knowledge or God-given natural ability to produce strong returns over the long run. In 2005, however, [...]
Read moreShiller: Market Overvalued, but that Doesn’t Mean You Should Dump Stocks
October 19, 2009
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Yale economist Robert Shiller, who called both the Internet and housing busts, says that he doesn’t see another era of “irrational exuberance” occurring anytime soon. But that doesn’t mean he’s not concerned about both the stock market and housing market. “Given the economic situation, I’m worried about the stock market — both of them, stock [...]
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