Ron Muhlenkamp, whose fund has bounced back strong this year after a rough stretch and has now beaten 90% of funds in its class in the past decade, is high on high-quality technology and healthcare stocks. According to Kiplinger’s, Muhlenkamp is high on tech firms like Hewlett-Packard and Cisco. He’s also made a bundle on [...]
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Archive | November, 2009
When More Stocks Doesn’t Equal More Diversification
November 27, 2009
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Diversification is a topic we often discuss on this blog, and in the video below Jason Zweig of The Wall Street Journal offers some very interesting thoughts on the topic. According to Zweig, many studies have shown that holding 20 to 30 stocks can diversify away much of the risk you’d get by picking just [...]
Read moreSiegel Sees 4%-5% Growth Ahead
November 27, 2009
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Wharton Professor and author Jeremy Siegel says he thinks the U.S. economic recovery will surprise to the upside, with 3.5% GDP growth in the fourth quarter and 4% to 5% growth in the first half of 2010. Siegel tells Bloomberg that he believes that by December or January the U.S. will see its first positive [...]
Read moreBolton Eyes China
November 27, 2009
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Fidelity’s Anthony Bolton, one of the U.K.’s most successful fund managers before retiring in early 2008, is putting retirement on hold as he tries to take advantage of what he says is the “opportunity of a generation” in China. Bolton is starting a new fund focused on companies exposed to Chinese consumer growth, The Wall [...]
Read moreMobius: Be Ready for Emerging Market Correction
November 27, 2009
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Templeton Asset Management’s Mark Mobius says investors should be ready for a 20% correction in emerging market stocks, triggered by Dubai’s attempt to delay its debt payments and compounded by the devaluation of the Vietnamese currency. “This may be the trigger to allow for the market to take a rest and pull back,” Mobius told [...]
Read moreFisher Still Bullish, Focused on Materials Stocks
November 26, 2009
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Kenneth Fisher thinks that a strong internal demand for materials and commodities in emerging market countries is part of what will continue to drive materials stocks higher. Fisher also tells Bloomberg that areas that do okay in the first part of bear markets but badly on the back half of bears — like materials in [...]
Read moreRitholtz on the Economy/Market Disconnect
November 24, 2009
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Barry Ritholtz of The Big Picture blog and Fusion IQ says that, while the economic recovery is anemic, a number of other factors are making stocks continue to look attractive. Ritholtz, who called both the market crash and the recovery, tells Yahoo! TechTicker that as long as the economy remains weak, the Federal Reserve will [...]
Read moreGuru Strategy Rating Changes: Foreign Firms on the Move
November 24, 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. As you can see, a number of foreign stocks are on the move.
Read moreBiggs Sees Market Moving Higher
November 24, 2009
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Hedge fund guru Barton Biggs tells Charlie Rose that he expects the next major move in the market will be to the upside, and says he thinks the U.S. would be wise to add more stimulus into its recovering economy. Biggs says he’s looking for the market’s next big move to be a 10% to [...]
Read moreHow to Beat the Market with Graham, Buffett, Lynch, and the Gurus
November 23, 2009
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In a wide-ranging interview with The Kirk Report, Validea founder and CEO John Reese explains how he developed his guru-based investment strategy, why it has been so successful, and what individual investors can do to beat the market. Among the many topics the interview covers: How Reese was able to take the published strategies of [...]
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