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.
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Archive | March, 2011
Icahn Warns of Correction
March 15, 2011
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Billionaire hedge fund guru Carl Icahn says he’s concerned that a “major correction” for the stock market may be coming. “You’ve got to be myopic if you’re not at least concerned that there might be a major correction,” Icahn recently told the Financial Times. “[Ben] Bernanke has done a brilliant job but he can’t hold [...]
Read moreShiller: Confidence, Not Fundamentals, Could Roil Markets after Quake
March 14, 2011
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Yale economist Robert Shiller says the tsunami and earthquake that have devastated Japan may have a delayed impact on the stock market, with a big dip coming as we move out several days from the actual event. Shiller tells CNBC that after the Kobe earthquake 16 years ago, the Nikkei took a big dip a [...]
Read moreMobius Envisions the Next Decade
March 14, 2011
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Templeton Asset Management’s Mark Mobius says he remains high on the “BRIC” countries — Brazil, Russia, India, and China — and says the Euro and Chinese Renminbi will likely play a greater role in world markets over the next decade. “I believe the Bric (Brazil, Russia, India and China) countries will continue to do quite [...]
Read moreHerro, de Vaulx Still Like Japan
March 14, 2011
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A pair of top fund managers say the deadly earthquake in Japan isn’t shaking their bullishness on Japanese stocks. “Our view on Japan is still the same,” David Herro, one of Morningstar’s fund managers of the decade, told Bloomberg. “When you look at the valuation of Japanese companies, if you look at what’s happening with [...]
Read moreBiggs, Fisher, Birinyi Still Bullish
March 11, 2011
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Several top strategists are saying that investors should stick with stocks as the bull market enters its third year. Among them: hedge fund guru Barton Biggs. “I don’t think valuations are stretched,” Biggs told Canada’s Financial Post. “The next move in the S&P 500 is more likely to be up than down, and that move [...]
Read moreGrantham Planning to Cut Back on Equities
March 11, 2011
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GMO’s Jeremy Grantham is planning to cut back on his equity holdings, though he thinks stocks could continue to rise in the short term before hitting a roadblock, TheStreet.com reports. Grantham told investors at Charles Schwab’s Investment Outlook 2011 conference that stocks are “dangerously overpriced,” according to TheStreet. But he said he expects the S&P [...]
Read moreRitholtz Talks Post-QE2
March 11, 2011
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Barry Ritholtz of The Big Picture blog and FusionIQ says the end of the Federal Reserve’s quantitative easing policies should mean a drop in many asset classes. Here he discusses his outlook with Bloomberg. Ritholtz also talks a bit about the cognitive biases that make investors prone to big mistakes.
Read moreSix Buffett-Style Takeover Picks
March 9, 2011
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Warren Buffett said in his recently released annual letter that he’s on the lookout for potential acquisitions for his Berkshire Hathaway, and in a recent column MSN’s Michael Brush uses Validea.com’s research to highlight some possible targets. “To find stocks he might favor, I started with a list from the investment company Validea, which has [...]
Read moreHerro’s Contrarian Take
March 8, 2011
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Fund manager David Herro, who has produced an excellent track record over the past decade or so, says he actually welcomes the recent geo-political turmoil from an investment point of view. “Commodity prices, political instability, monetary problems are certainly out there — they always have been out there, and in fact, they always will be [...]
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