Vanguard founder Jack Bogle says the stock market is a “giant distraction to the business of investing”. Over the long run, he tells Fox Business Network, stock returns depend on how well Corporate America does; but in the short term, stocks have “inexplicable ups and downs” based on people’s opinions — not facts. He says […]
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Archive | September, 2011
Guru-Style Service Sector Picks
September 29, 2011 
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In his latest article for Morningstar, Validea CEO John Reese looks at top stocks from the service sector — an area of the economy that he says is faring better than many realize. “Service-type companies, and the service sector as a whole, have become the real bellwethers of U.S. economic activity,” Reese writes. “And lately, […]
Read moreBuffett’s Berkshire Buyback: A Bullish Sign?
September 29, 2011 3 Comments
Warren Buffett and Berkshire Hathaway recently announced a share buy-back authorization, which may be signaling optimism from Buffett on the economy. The move marks the first time in four decades that Berkshire will be authorized to buy back its own shares, according to Bloomberg. It is allowed to do so only if its price is […]
Read moreGuru Strategy Ratings: Walgreen, Abercrombie on the Move
September 28, 2011 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.
Read moreGreenblatt: Stocks Looking Cheap — Very Cheap
September 27, 2011 1 Comment
Hedge fund guru Joel Greenblatt says that, based on trailing free cash flow yields, stocks are trading at levels that put them in about the 95th percentile of cheapness when examining the past 20 years of market history. Greenblatt tells CNBC that if the past is any indication, valuation levels this low could be proceeded […]
Read moreDe Vaulx Likes Oil & Gas, Japan
September 27, 2011 0 Comments
Top value investor Charles De Vaulx has been cutting back on gold holdings and is high on oil and gas stocks and Japanese equities. De Vaulx tells Bloomberg that with cash yielding very little, bond yields low, and gold having gone “parabolic” over the summer, stocks of good companies with solid dividends look like attractive […]
Read morePaulsen: Time to Move toward Cyclicals
September 27, 2011 0 Comments
Wells Capital Management Chief Investment Strategist James Paulsen says he thinks it’s time to lighten up on safety-oriented stocks like utilities and consumer staples, and put cash into more cyclical-type stocks, like industrials and emerging market plays. Paulsen tells Bloomberg that if October data continues to show that the U.S. economy isn’t entering a new […]
Read moreDeflation Could Help Us, Trahan Says
September 27, 2011 0 Comments
Highly-rated strategist Francois Trahan says that “deflation” is not a dirty word, and that the Federal Reserve could help the economy by allowing deflation to stem commodity price inflation that is “eroding people’s pockets”. Trahan says Fed members and other policymakers and economists are relying on economic principles that aren’t relevant right now. Three main […]
Read moreDiscipline Crucial, Top Newsletter Editor Says
September 26, 2011 0 Comments
The Cabot Market Letter is having another market-beating year, and its editor is preaching discipline amid the current market volatility. “Going forward, it’s important to remember to take your cues from the market itself, and not from the headlines that are sure to push the market up and down in the days ahead,” Michael Cintolo […]
Read moreJ.P. Morgan Strategist: Ideal Buying Time May Be Near
September 26, 2011 0 Comments
J.P. Morgan U.S. equity strategist Thomas Lee says we may be near an ideal buying opportunity for stocks. According to Lee, 53% of stocks are trading for less than 12 times earnings, the most stocks selling so cheap since late 2008, the Financial Post reports. In addition, 51% of stocks are trading for less than […]
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