Newsletter guru Jim Oberweis is finding a lot of value in an area of the market that was hit hard by the recent recession: semiconductor capital equipment stocks. “After a tough decade for technology, I believe the time is ripe for chip-equipment companies,” Oberweis says in his latest Forbes column. “When [chip fabricators] stopped buying [...]
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Archive | August, 2010
Two Top Newsletters Optimistic — and Cautious
August 16, 2010
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Two top-performing stock newsletters are sounding optimistic on stocks, though both are also exercising some caution, MarketWatch’s Peter Brimelow reports. One, the Cabot Market Letter, recently stated that it is “still more positive than negative. But — and it’s a big but — as long as market leadership remains narrow, we’ll remain apprehensive. We really [...]
Read more“Smooth” Recoveries Rarely Occur, Says Dorfman
August 16, 2010
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Growth in manufacturing activity and industrial production have slowed a bit recently, leading many to fear a double-dip recession is coming. But columnist and money manager John Dorfman — one of the few strategists who was offering optimism heading into the 2009 rally — is still optimistic. “One reason these figures don’t shake my confidence [...]
Read moreSiegel: Fed Still Has Tools — and Should Use Them
August 16, 2010
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While many say it is out of bullets, author and Wharton Professor Jeremy Siegel says the Federal Reserve still has ammunition left to combat the sluggish economy. Siegel writes on Yahoo! Finance that the Fed’s plan to buy Treasuries with the principal payments on its mortgage-backed securities “was just a baby step. Much stronger measures [...]
Read moreBerkowitz, Renaissance Targeted BP
August 16, 2010
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Top fund manager Bruce Berkowitz has been buying up beaten-down financials for several months now. In the second quarter, he also keyed on a beaten-up energy company — much-maligned BP. While the oil giant has taken a big hit both financially and reputation-wise following its Gulf of Mexico well explosion, Berkowitz apparently sees value in [...]
Read moreZweig Strategy Doing Some Apple-Picking
August 13, 2010
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In his latest article for Seeking Alpha, Validea CEO John Reese takes an in-depth look at his Martin Zweig-inspired growth strategy. “Over the past two years, the stock market has been driven largely by macroeconomic factors,” Reese writes, citing the credit crisis and huge government stimulus package as major examples. “Given the extreme emotions such [...]
Read moreMobius on Why Double-Dip Fears Are Good
August 13, 2010
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Templeton Asset Management’s Mark Mobius says fears of a global double-dip recession are a positive thing for emerging markets, because it means central banks will continue to supply liquidity to the markets. Mobius also says he expects China to continue to post strong growth.
Read moreDoes Buffett See Inflation Coming Sooner than Most?
August 13, 2010
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Warren Buffett’s Berkshire Hathaway recently released its second quarter holdings, and some analysts say the report offers indications that Buffett expects inflation to hit sooner rather than later. According to Bloomberg news, 21% of Berkshire income investments (such as Treasuries, municipal debt, foreign-government securities and corporate bonds) were due in one year or less as [...]
Read moreDoll, Heebner on Economy, Market
August 12, 2010
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Blackrock’s Bob Doll and CGM’s Ken Heebner both recently discussed their market outlook with CNBC. Both Doll and Heebner are finding reasons to be optimistic, and both shared a few areas of the market they’re keen on.
Read moreAkre Taking Focused Approach
August 12, 2010
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Chuck Akre, who has an exceptional long-term track record as a fund manager, is cautious about the coming years, but is still finding some opportunities in the stock market. “I’m particularly cautious,” Akre tells CBS MoneyWatch. “Consumers are dramatically under-employed. They’re afraid about losing their jobs if they have them, they’re afraid they won’t get [...]
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