Tom Forester, whose Forester Value fund is one of the top performers in its class over the past 3, 5, and 10 years, says he thinks the recession is over, but that a “U” shaped recovery is more likely than a “V”. “While our focus is on fundamentals, we leave room for the unexpected from [...]
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Tag Archives: Tom Forester
Forester Trims Back, But Optimistic on Q3 Earnings
September 25, 2009
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Tom Forester, whose Forester Value Fund was the lone diversified stock fund to make money in 2008, is taking profits on some of his 2009 winners, but thinks third-quarter earnings season should be pretty solid because of the government’s massive stimulus efforts. According to Investment News, Forester — whose fund is lagging the S&P this [...]
Read moreForester Says We’ve Seen the Bottom
June 10, 2009
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Tom Forester, whose Forester Value was the only stock mutual fund to end 2008 in the black, says he believes the market has bottomed, but that stocks are now in a trading range. “I do think it has bottomed,” Forester tells the Nightly Business Report. “But I also think we’re in a trading range. We [...]
Read moreForester Sounding Bullish
April 17, 2009
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Tom Forester — whose Forester Value Fund was the lone stock fund to make money in 2008 — tells MarketWatch that he’s now only holding a small portion of his portfolio in cash, has dropped his hedge positions, and sees more upside than downside in the market for the next three to five years. “It [...]
Read moreAfter Avoiding The Crash, Forester Sees Great Values, Year-End Rally
December 16, 2008
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Tom Forester, one of the few fund managers to make it through the recent market crash almost unscathed, tells CNBC that he expects a year-end rally in the market, and says bargain stock values have him “excited” about the future. Forester, who heads the Forester Value Fund, has locked in a loss of only about [...]
Read moreFive Top Managers Are Buying — Cautiously
December 15, 2008
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Noticing a trend that we’ve picked up on in recent weeks, Fortune notes that several extreme value investors have begun to see good, safe buys in the current market. In an interview with the magazine, top fund managers Robert Rodriguez, Susan Byrne, Jeremy Grantham, Tom Forester, and Leslie Christian all tell Fortune that they’re seeing [...]
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