Tom Forester, who has a stellar long-term track record and headed the only long-oriented stock fund to post a positive return in 2008, is again playing defense. But that doesn’t mean he’s shunning stocks — Forester still has about 80% of his fund in stocks. “If you just stay in money markets, you might miss [...]
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Tag Archives: Tom Forester
Forester Sees a Return to High Quality
July 12, 2011
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Top value fund manager Tom Forester says the market has begun shifting away from junk-type stocks and back toward quality, and he thinks the end of the Federal Reserve’s quantitative easing program is part of why that trend will continue for several quarters. “The pendulum is swinging back toward quality. Since early 2009, low quality [...]
Read moreForester Looks for Downside Protection
June 14, 2011
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Top value investor Tom Forester, who was the lone equity fund manager to post positive returns in 2008, is worried about the U.S. and global economies and is thus keying on high-quality stocks that can weather tough times. “The U.S. is running out of room to run deficits or print money,” Forester said at the [...]
Read moreForester Sees “Yellow” Light for Market
December 24, 2010
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Fund manager Tom Forester says he sees the market flashing a “yellow light” rather than a green or red one, and he’s focused on healthcare and consumer staple stocks. “Our cash position is around 18%, which for us is cautious, but not extremely so,” Forester tells Morningstar.com. “It is a yellow light instead of a [...]
Read moreForester’s “Perfect” Stocks for 2011
December 7, 2010
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Tom Forester, whose Forester Value fund has an exceptional long-term track record, recently offered his “five perfect stocks for 2011″. “Time will tell just how close to perfection his picks are,” writes MoneyWatch’s Conrad DeAenlle, “but Forester … offers an interesting list of companies that are hiding in plain sight — mostly household names whose [...]
Read moreForester on Opportunities in a Range-Bound Market
June 21, 2010
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Tom Forester, the lone stock fund manager to post positive returns in 2008, sees a range-bound market ahead that will offer opportunities for value investors. In an interview with Barron’s, Forester says it will be difficult for the economy to sustain strong growth. “The impact of the stimulus package is winding down, and home prices [...]
Read moreBerkowitz, Grantham, Other Gurus Offer Top Picks
June 3, 2010
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Fortune magazine is running a special issue this month on how to “Retire Rich”, and one particularly interesting piece involves 25 stock picks from 25 investors with strong track records, including Bruce Berkowitz, Jeremy Grantham, and David Herro. Here’s a sampling of some of these gurus’ top picks: Chuck Akre: Akre, who now runs his [...]
Read moreForester Sees Problems Ahead
March 26, 2010
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Tom Forester, whose Forester Value fund was the lone long-only mutual fund to make money in 2008, says he thinks the market has gotten pricey and sees more trouble on the horizon for banks. “The markets are trading at about 20 times earnings. Historically, the average is about 14. So things are looking pretty rich [...]
Read moreForester on Tech Stocks, Financials
January 19, 2010
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Tom Forester of the Forester Value fund says he’s still finding value in the market after the big run-up, and one area he’s focused on is technology. In an interview with CNBC, Forester says he likes value tech stocks, citing Microsoft and HP as companies that look attractive. “We think in almost any kind of [...]
Read moreDon’t Fear Healthcare Stocks, Forester Says
October 23, 2009
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While many investors are afraid of healthcare stocks right now because of the possibility of major industry reforms, the lone diversified stock fund manager to make money in 2008 is bullish on the sector. Tom Forester of the Forester Value fund says he thinks much of the potential bad news is already priced into healthcare [...]
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