Blackrock’s Bob Doll says that, while it may be due for a “stall” or sideways consolidation, he thinks the market’s longer-term direction will continue to be upward, as long as we continue to see strong GDP, earnings, and revenue numbers. He’s high on energy- and industrial commodity-related stocks.
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Top Value Managers Still See Opportunities
April 23, 2010
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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 moreSiegel: Recovery Now Self-Sustaining, Stocks Have Plenty of Upside Left
April 16, 2010
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Wharton professor and Stocks for the Long Run author Jeremy Siegel says the recession is definitely over and the economy has entered a self-sustaining expansion that isn’t reliant on stimulus dollars. And, he says stocks could gain another 8% to 10% by year-end. “What we have seen over the last three months are the first [...]
Read moreGabelli Sees Strong Q1 Earnings, Margin of Safety for Market
April 8, 2010
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Mario Gabelli thinks that, with businesses sporting very healthy balance sheets and having cut costs, first-quarter earnings will look “very good”. Gabelli also tells CNBC that he thinks the market still has a margin of safety, though it’s not as big as it was a year ago. And he thinks equities will offer “very generous” [...]
Read moreBiggs: It’s Never Different
March 23, 2010
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While some say we’ve entered an economic and investing world in which things are “different this time”, hedge fund guru Barton Biggs tells Bloomberg that “the world is never different”, and that fearful investors will eventually come back to stocks. Biggs says human nature, fear, and greed will continue to drive markets going forward, as [...]
Read moreNavellier: Stocks, Earnings to be Strong in Early 2010
January 8, 2010
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Growth stock guru Louis Navellier says he sees a very healthy earnings environment for the first five months of 2010. He also tells Bloomberg that he expects stocks will do well in that period, after which the market will become much more selective.
Read moreTop Strategists See Moderate Gains in ’10
December 22, 2009
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The strategists that Barron’s surveyed for its 2009 investment outlook have ended up faring pretty well as a group, with their average S&P 500 forecast of 1045 coming in about 6% below the index’s current level. Now, the dozen strategists that Barron’s is surveying this year are predicting more modest gains for 2010. The strategists [...]
Read moreShilling: Don’t Believe the Rally
October 26, 2009
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Economist, money manager, and Forbes columnist Gary Shilling says talk of a “V” shaped economic recovery is overdone, and that we’re in a bear market rally — not a new bull market. Shilling tells Steve Forbes that he thinks stocks are in a bit of a bubble following the recent runup. “There was a realization [...]
Read moreBarron’s: Top Strategists Remain Mildly Bullish
September 8, 2009
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In its latest survey of top investment managers, Barron’s found that, on average, most of the managers are expecting the market’s ascent to slow significantly this fall, though they remain bullish on the whole. The 10 strategists on average expect the S&P 500 to end the year around 1,056, which would represent a minor 4% [...]
Read moreSlower Growth, But No Double Dip, Says Cohen
August 17, 2009
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Recently, we highlighted the bull market call of Goldman Sachs’ Abby Joseph Cohen. Now, in an interview with Bloomberg news, Cohen expands on her outlook for the economy and the stock market. Some of her key points: She expects slower growth than typically seen coming out of a recession, but she doesn’t see a “double-dip” [...]
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