With the market up close to 80% off its March 2009 lows, is there still money to be made in stocks? Two value managers with excellent long-term track records, Bill Nygren and Russell Croft, both tell BusinessWeek that there is. Nygren says that while many investors are focusing on 2010 earnings to gauge market value, [...]
Read more
Archive | April, 2010
Tilson on the “Grind-It-Out” Market
April 22, 2010
1 Comment
Whitney Tilson says that with the stock market up some 75% from its March 2009 lows, it’s time to “grind it out” and wait for opportunities to “be greedy”. In an interview with Forbes.com, Tilson says that a year ago the market offered investors “perhaps a once in a lifetime great opportunity to be aggressive [...]
Read morePaulsen: It’s Still Early in the Recovery and the Rally
April 22, 2010
1 Comment
Wells Capital Management’s James Paulsen says that while many are envisioning a below-average economic recovery, the rebound has thus far been very normal, if not better than average, and he sees a chance of the S&P 500 climbing to 1,350 by year-end. “The look of this thing so far at least is very normal, if [...]
Read moreMuhlenkamp Likes Financial Services, Tech Stocks
April 22, 2010
1 Comment
Value manager Ron Muhlenkamp, whose fund has beaten the S&P 500 by about 5% per year over the past decade, says he’s keying in on several financial services firms, as well as technology stocks. Muhlenkamp tells CNBC that he thinks that, while people are now saving more of their money, they’ll eventually want to return [...]
Read moreReese on Buffett, Zweig, Lynch, and Other Market Gurus
April 21, 2010
0 Comments
In an interview with Business Insider, Validea CEO John Reese discusses his Warren Buffett-based investing strategy, which is up more than 50% in the last year. Reese also talks about his other Guru Strategies, which are based on the writings of such investing greats as Martin Zweig, Peter Lynch, David Dreman, and Benjamin Graham. And [...]
Read moreHulbert: Market Flashing Rare “Buy” Signal
April 21, 2010
1 Comment
Newsletter tracker Mark Hulbert says that the market has recently triggered a rare “buy” signal that has historically been a precursor to strong stock gains. The indicator is termed “breadth thrust” by Ned Davis Research, the firm whose data Hulbert cites in his latest MarketWatch article. The indicator flashes a “buy” signal when percentage of [...]
Read moreGuru Strategy Rating Changes: Healthcare Stocks on the Move
April 20, 2010
0 Comments
Each week, we take a look at which stocks John 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. A number of healthcare-related stocks are among the movers.
Read moreShiller Talks Oil, Housing, and Bubbles
April 20, 2010
0 Comments
In an interview with WealthTrack’s Consuelo Mack, Yale economist Robert Shiller says that while the broader market is now selling at a significantly higher valuation than historical norms, stocks are still a “reasonable part of a portfolio”. Shiller, who says his 10-year P/E metric indicates the S&P 500 is now selling at about 22 times [...]
Read moreGreenblatt Explains his “Magic”
April 19, 2010
2 Comments
Hedge fund guru and author Joel Greenblatt talks about the concepts behind and implementation of his “magic formula” investing strategy in Forbes’ latest “Intelligent Investing” interview. Greenblatt also discusses the importance of keeping emotions at bay and embracing long-term thinking for investors. And he talks about the areas of the market that have been popping [...]
Read moreGrantham Talks Valuations, Bubbles
April 19, 2010
1 Comment
Jeremy Grantham says the U.S. stock market is now “thoroughly expensive” — except for one subset of the market — and also says he sees more bubbles forming in various parts of the globe. In an interview with The Financial Times, Grantham says stocks have moved from being very cheap to being expensive in the [...]
Read more
