Worldwide Research Sites:
US | Canada | South Africa
Actively Managed ETFs:
Validea Funds
Private Accounts:
Validea Capital Management
Investing Insights:
Guru Investor Blog
Validea: Value, Growth, Dividend Stocks    Stock Research - Free Trial   
Home  |   Validea Pro  |   Model Portfolios  |   Rating Changes  |   Blog  |   Hot List  |   Money Management
 Enter Ticker:
 Symbol Lookup
 Free Research
  Rating Changes
  Year End Reports
 Free Weekly Email
Enter Email Address:
 Stock Ideas
  Hot List
  Model Portfolios
  Guru Screener
  Adv. Guru Screener
  Top Industries
 Stock Analysis
  Guru Analysis
  Stock Tracker
  My Portfolio
 Validea Professional
  Trade Alerts
  Pro Portfolios
  Stock Reports
 About Us
  About John Reese
  Guru Investor Book
  Press Room
 Featured Gurus
  Warren Buffett
  Benjamin Graham
  Peter Lynch
  Joel Greenblatt
  Martin Zweig
  David Dreman
  John Neff
  Kenneth Fisher
  Joseph Piotroski
  Motley Fool
  J. O'Shaughnessy
 Gurus by Style
  Value Stocks
  Growth Stocks
  Dividend Stocks
  Growth/Value Stocks
 Customer Service
  Contact Us
Validea founder John Reese writes regular articles for several leading financial websites, including Forbes,, MSN Investor,, and the Globe & Mail newspaper in Canada. Below are some featured articles from these sources.

Forbes, 2/2/2016

Steady Eddie Stocks For Turbulent Times

With economic data weakening at home and the global growth engine China still looking sluggish, many investors are worrying that the nearly seven-year-long U.S. expansion has ended. Of course, no one knows yet whether a recession has begun-at least a couple of quarters of contraction are needed for one to occur, and the lag times involved in compiling economic data mean that you can be in a recession for a year and not know it. Even the best recession identifiers, like the Economic Cycle Research Institute, can and have been wrong in calling recessions over the past few years. That hasn't stopped investors from pulling money off the table amid the recent recession fears.  View Full Article, 1/25/2016

Two Market Gurus is Better Than One

In his 1984 classic Super Stocks, Kenneth Fisher dropped a bit of a bomb on the investment world: While strategists for decades had been valuing stocks using the price/earnings or price/book ratios, Fisher touted the price/sales ratio is an even better gauge of a stock's true value. His book turned the "PSR" into a key stock evaluation tool that is used by millions of investors today. But as influential as the PSR was, Fisher himself warned that it was not the be-all, end-all of stockpicking. "By itself, the PSR is still a limited single tool - a powerful one to be sure, but still limited," he wrote in Super Stocks. "No single tool allows enough cross-check capability to ensure results. Life just isn't that easy."  View Full Article

The Globe and Mail, 1/24/2016

Three Tips to Help Investors Steer Clear of Value Traps

If you are a value investor - that is, someone who buys stocks that are trading at low levels compared with earnings, sales, book value or any other fundamental measure - you surely have been caught in a "value trap" at one point or another. These are stocks that look cheap because their fundamentals don't reflect the true state of their businesses. Investors see that they have a low price-to-earnings or price-to-book ratio and snatch them up, only to later realize that the company's earnings or book value was a mirage.  View Full Article

Forbes, 1/19/2016

How Buffett And Greenblatt Both Moved On From 'Cigar-Butt' Investing

When you hear the words "value stocks," what do you think of? If you're like many investors, you probably envision beaten-down shares of unloved, troubled companies-firms whose earnings have been shrinking, whose industries are perceived to be in trouble, or whose plans for growth are being questioned. These companies' shares tumble to the point that they look quite cheap and attractive compared to earnings, sales, cash flow or book value, even if the businesses themselves are not particularly good. Such stocks are, however, really only one type of value stock, and investors who buy them are practicing a particular type of value investing: the "cigar butt" approach, as Warren Buffett calls it.  View Full Article

The Globe and Mail, 1/6/2016

Three U.S. Stocks With Strong Fundamentals for the Value Investor

As 2015 receded into the sunset, the Wall Street Prediction Posse made its annual foray into town and its guns were blazing. This one said U.S. stocks will surge 15 per cent in 2016; that one said a 20-per-cent decline is in the offing; still another forecast the market will be flat. It was entertaining and it made for good headlines but, at the end of the day, it was all pretty worthless. That's because so many factors go into short-term market movements that no one has found a way to reliably predict them.  View Full Article

Forbes, 12/30/2015

Why Ben Graham-Style Value Investing Is Alive And Well

The late, great Benjamin Graham was known as the "Father of Value Investing," and 2015 was a rough year for his kid. As of Dec. 23, while U.S. growth stocks were up more than 6% year-to-date U.S. value stocks were in the red, according to Morningstar. What's more, since February 2007, U.S. value stocks have lagged the most expensive U.S. stocks by 2.6 percentage points annually, according to Barron's. The eight-year, seven-month stretch of underperformance is the longest losing streak on record, going back to 1926.  View Full Article

The Globe and Mail, 12/23/2015

Three Stocks That Satisfy My Guru-Inspired Value Approach

As 2015 comes to a close, American value investors are licking their wounds. Through Dec. 18, U.S. growth stocks were up 3.9 per cent year-to-date; U.S. value stocks, meanwhile, were down 4.2 per cent, according to Morningstar. That gap is completely antithetical to the long-term historical averages, which show that value stocks significantly outperform growth picks over the long haul. But the underperformance of value goes beyond 2015. Since February, 2007, U.S. value stocks have lagged the most expensive U.S. stocks by 2.6 percentage points annually, according to Barron's.  View Full Article, 12/14/2015

How to Know When to Buy Hot Stocks

Red-hot stocks are a bit like the giant, gooey, double-fudge brownies of the investment world. Once we see them, we can't get them out of our minds. We have to have them - even though we have been told time and time again that they are not good for us. With the brownies, all sorts of food-related survival instincts that are hardwired into our brains are of course telling us to stuff our faces with chocolatey goodness. But you might not realize that the wiring of our brains is also what draws us to those hot stocks.  View Full Article

Forbes, 12/10/2015

Apple Versus Google And Three Other Stock Matchups

After a wild college football season, the NCAA's Selection Committee has chosen the four teams that will now vie for this year's national championship, and the matchups are extremely intriguing. On one side of the bracket, you have top-ranked Clemson squaring off against Oklahoma in a battle of offensive juggernauts; on the other, perennial powerhouses Alabama and Michigan State will duke it out. While the committee bases its selections in part on the so-called "eye test"-that is, committee members' own subjective views of what they see happening on the field from week to week-much of its decision comes down to numbers. Schedule strengths, margins of victory, wins against ranked opponents-all of these quantitative factors and more go into the final decision. A good win-loss record has to be backed up by data that confirms that a team is legitimate.  View Full Article

The Globe and Mail, 12/7/2015

Three Tips For Staying Afloat on a Sea of Financial Advice

Every day, millions of people scroll through financial websites, looking for the latest market news and, hopefully, some good advice as to how to invest in an incredibly complex world. Amid all of the market's chaos, investors want knowledge. They want understanding. They want clarity. So I couldn't help but chuckle when I recently came across these two headlines, sitting side by side, on one major financial site: "$26 Crude Oil Coming? That's What This Chart Says" "Why Oil Could Soar Past $80 Per Barrel" Well, that certainly creates a conundrum.  View Full Article

Forbes, 12/2/2015

The Turbocharged 'Mother's Milk' Behind Stock Returns

For all of the numbers and metrics we pore over as investors, the truth is that investing comes down to a couple pretty simple concepts: 1.) Good companies tend to be able to sell their products and services for a lot more than their cost, and 2.) over the long term, stocks of good companies tend to do well. So while the old adage holds that profits are the "mother's milk" of stock returns, you might say that companies with high profit margins are drinking a turbocharged, vitamin enriched milk. And that means companies with high profit margins can make for very good investments over the long haul.  View Full Article, 11/30/2015

Berkshire, Wells Fargo, and Three Other Low-Beta Plays The Gurus Might Like

High risk equals high reward, low risk equals low reward: It's Finance 101. Investors require higher premiums from riskier investments, so over the long term your level of risk will go a long way toward determining your return. In the stock market, that means the way to earn the greatest returns is to go after riskier stocks. There's just one problem with the risk-reward logic: It's wrong.  View Full Article, 11/18/2015

Buy European Stocks - Before The Going Gets Good

When the world averted financial disaster in 2009, European stocks - like their American counterparts - rebounded sharply, with Vanguard's European Stock Index fund soaring 32% for the year. Since then, however, the US has left Europe in the dust. While the S&P 500 is up 86% since the start of 2010, the Vanguard European fund is up only about 35% - a little over 5% per year.  View Full Article

The Globe and Mail, 11/18/2015

These Two Stocks Are Rare - They Pass Both Growth and Value Screens

'You can't have your cake and eat it, too": For centuries, mothers have related this adage to inflexible children. Want to buy that toy you've been saving up for and still have plenty of money to spend at the arcade? Sorry, you'll have to choose. Want to sleep late but still get to the beach before it gets too crowded? Can't do both, kiddo.  View Full Article

Forbes, 11/13/2015

Time To Buy Titans Like Apple, Berkshire And These Three Stocks

We Americans like "big". We like our cars to be big enough to fit three kids, the dog, and a week's worth of camping equipment. We like our televisions to be taller than a fifth-grader. Heck, we like our quarter-pound hamburgers to be, well, half-pound double bacon cheeseburgers. In the stock market, however, little beats big - and it has for a long, long time. From 1927-2014, small stocks averaged annualized returns of 12.1%, while large stocks returned 9.7% annualized, according to the data of noted financial researcher Kenneth French.  View Full Article

The Globe and Mail, 11/10/2015

Three Stocks That Offer a Value-Plus-Momentum Power Boost

If you've been to one of the myriad of trendy juice bars that have popped up across North America in recent years, you might be familiar with the idea of the "power boost shot": Take a healthy, tasty juice drink and kick it up a notch by adding a shot of a nutrient-rich "booster" such as wheatgrass or protein powder, which, on their own, would not exactly tickle your taste buds. The result is a turbocharged combination of sweet-tasting nutrition.  View Full Article

Forbes, 11/3/2015

How To Overcome Our Poorly Wired Brains To Invest More Wisely

The capabilities of human beings' brains are staggering. Over the course of many millennia, the development of our brains has allowed us to outsmart dangerous predators, build enormous cities and create complex machines like computers and automobiles. Our brains let us think abstractly, plan for the future and create emotion-provoking art and music.  View Full Article, 10/29/2015

Don't Paint All Small-Caps With The Same Brush

While the broader stock market has been bouncing back from its summer doldrums, small-cap stocks have been missing out on a lot of the turnaround. The Vanguard Large-Cap Exchange-Traded Fund has jumped more than 7% in the past month to bring its three-month returns back near breakeven, but the Vanguard Small-Cap ETF is up about 3% in the last month, and still down about 4% over the past three months.  View Full Article

The Globe and Mail, 10/26/2015

Three U.S. Value Stocks For Those Who Can Stay the Course

Given that it's Halloween season, it seems appropriate that value stocks are starting to stage a comeback in the United States. Much like the villain in a scary slasher flick, value stocks have been beaten, battered and, by many, presumed dead. They've been losing to growth stocks since mid-2006, marking the longest stretch of imbalance in the growth/value cycle in more than three decades, Lori Calvasina, chief U.S. equity strategist for Credit Suisse, recently told CNBC.  View Full Article

Forbes, 10/15/2015

Five Food Stocks To Ride Long-Term Trends

As an investor, one of the most important things you can do is distinguish short-term disruptions from long-term trends. So many investors focus on - and overreact to - the short-term, which can create a significant discrepancy between a company's stock price and its long-term prospects. Those focused on the long haul can reap the benefits.  View Full Article, 10/13/2015

Five Stocks With Balance Sheets The Gurus Would Like

"Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt," President Rutherford B. Hayes once said. "It is the debtor that is ruined by hard times." The Great Recession and 2008-09 financial crisis showed just how right he was.  View Full Article

The Globe and Mail, 10/5/2015

The Debt-Reducers: Two U.S. Stocks to Keep on Your Radar (And Two to Avoid)

"Creative Destruction." It's not just a great name for a heavy metal band, it's also a critical concept in economics and investing. The Austrian economist Joseph Schumpeter coined the term as a way to describe how a capitalist system's incessant competition creates a cycle in which existing economic structures are destroyed and replaced with new, more efficient ideas and ways of doing things.  View Full Article

Forbes, 9/29/2015

Five Great Stocks From Five Industries Still Offering Value

For many months now, we've been hearing about how there's just no value left in this bull market. With the bull now six and half years old and the S&P 500 up some 200% or so from its 2009 low, many pundits say that the market is not offering up enough bargains to merit much attention from investors.  View Full Article

The Globe and Mail, 9/20/2015

Three U.S. stocks Flashing a 'Buy' Signal For the Foreseeable Future

"Don't fight the Fed. This stock market adage has been around for decades, warning investors not to underestimate the impact that Federal Reserve monetary policy has on the direction of the stock market. But if you are one of the many investors worried that looming U.S. interest-rate hikes portend bad things for stocks, you should be aware that the indicator used by the man who coined the "Don't fight the Fed" phrase isn't yet giving a "sell" signal - and likely won't for some time.  View Full Article, 9/18/2015

Shooting Hoops with Peter Lynch And The Gurus

The 2015-16 NBA season is fast approaching, and many teams are getting ready to show off the off-season changes they made in hopes of shoring up their weaknesses and improving their squads.  View Full Article

Forbes, 9/15/2015

5 Dividend Stocks Loved By Legendary Investors

Football season is upon us, and that means that millions of football analysts and fans are devouring reams and reams of statistics as they make their projections or set their fantasy team rosters for 2015. But in many cases, prior stats won't tell the whole story of what to expect this year.  View Full Article

The Globe and Mail, 9/9/2015

Three Bargain Stocks You Won't Find in an Index ETF

Since 2007, investors have poured close to $1-trillion (U.S.) net into U.S. index funds - those that track broad market indices composed of hundreds of stocks, according to the Investment Company Institute, the national association of U.S. investment companies. And they have pulled more than $650-billion net out of actively managed U.S. mutual funds.  View Full Article

Forbes, 9/8/2015

Why Index Funds Can Weigh Down Your Portfolio

The rise in popularity of index fund investing has been strong and swift in recent years. In April, the Wall Street Journal's Jason Zweig reported that investors had pulled $73.6 billion out of actively managed U.S. stock funds over the previous five years, while adding $208.8 billion to index funds.  View Full Article, 9/2/2015

Dividend Stocks Offering More Than Just Dividends

Once upon a time, high- dividend stocks tended to trade at discounts to the rest of the market. Today? No such luck. In a recent piece for his blog, "The Investor's Field Guide", Patrick O'Shaughnessy provided data showing that high-dividend-yield stocks did at one time enjoy a valuation advantage over other stocks. "[But] their valuation advantage has collapsed," he wrote. Prior to 2009 -- when the bear market bottomed -- higher yielders (stocks with dividends over 4%) were cheaper than those with yield in the 2-4% range 92% of the time, O'Shaughnessy says. Since then, they've been cheaper just 30% of the time.  View Full Article, 8/18/2015

When You Should Root Against Your Own Stocks

Wait - what? Yes, that's right. It may sound improbable that the man considered the greatest investor of all time would actively hope that any of his firm's stocks would struggle. But when you consider what Buffett wrote to Berkshire investors in his 2011 year-end letter, and the fact that U.S. Bancorp approved a $3 billion share buyback plan earlier this year, the strange idea starts to make sense: "The logic is simple," Buffett wrote in that letter. "If you are going to be a net buyer of stocks in the future, either directly with your own money or indirectly (through your ownership of a company that is repurchasing shares), you are hurt when stocks rise. You benefit when stocks swoon."  View Full Article

Forbes, 8/17/2015

Why Precision Castparts And Four Other Industrials Are Buffett-Like Stocks

In the wake of Berkshire Hathaway's $32 billion acquisition of Precision Castparts - Berkshire's biggest deal ever - you have probably heard a lot of speculation as to why Warren Buffett was so keen on the aerospace equipment maker. Buffett was wowed by Precision CEO Mark Donegan; he is making a bet on the strength of the air travel business; he is trying to snatch up companies in industries without a market leader, and turn them into a market leader - all of these have been put forth as theories.  View Full Article, 8/10/2015

Market Got You Down? Don't Bail -- Get Defensive

While stocks have tripled since the start of the bull market, investors haven't really gotten over the last bear market, which included both the Great Recession and the financial crisis of 2008-09. An undercurrent of pessimism and skepticism has accompanied this bull, with many seeing ghosts of 08-09 around every corner.  View Full Article

The Globe and Mail, 8/3/2015

Be Like Buffett: Don't Rush Into Selling Your Stocks

For many investors, the hardest part of investing isn't deciding which stocks to pick - it's knowing when to sell. Should you sell after a stock has gone up a certain amount? After it has gone down a certain amount? When an analyst downgrades it? When it misses earnings expectations?  View Full Article

Forbes, 7/27/2015

5 Unsung Tech Stocks That Offer More Value Than Google

Shares of Google surged 16% on July 17, an almost unheard-of jump for a company that already had a market capitalization of about $400 billion. But are shares of the California-based powerhouse the best tech sector bet for your portfolio?  View Full Article, 7/22/2015

Boring Staples, Big Returns

Toothpaste, diapers, razors, potato chips -- these are not the type of sexy products that excite investors. But over the long term, they have been the type of products that have helped generate very exciting returns for investors.  View Full Article

Forbes, 7/20/2015

Three American Pharoah-Style Stocks To Buy Now

When American Pharoah streaked to victory in the Belmont Stakes last month, he became the first horse in 37 years to capture the Triple Crown -- and it's no coincidence that the drought was that long.  View Full Article

The Globe and Mail, 7/20/2015

Three Important Rules to Remember When Using Stop-Loss Orders

"Stop-loss." For investors, the term has a comforting ring to it. Who wouldn't want to put a cap on the amount you could lose on one of your holdings? In reality, however, stop-loss orders (which require a stock to be automatically sold if and when it hits a predetermined loss) are a double-edged sword. If not used properly, they can wreak havoc on your portfolio - particularly if you are a value investor.  View Full Article, 7/15/2015

Service Sector Still Serving Up Good Values

Since the end of the Great Recession, America's service sector has been on a remarkable run. When the sector expanded in June, it did so for the 65th consecutive month, according to the Institute for Supply Management. The growth has been particularly strong for over a year now, and high levels of new orders indicate it shouldn't be slowing any time soon.  View Full Article, 6/30/2015

Five Free-Cash All-Stars With Guru Strategy Approval

In my last column, I wrote about the return on retained earnings metric that the great Warren Buffett reportedly uses to find excellent businesses, and noted that companies with high ROREs often do shareholders a favor by not paying dividends or repurchasing shares.  View Full Article

The Globe and Mail, 6/29/2015

Three Stocks For Investors Who Are Not Ruled by Dire Economic Headlines

The "Grexit." In addition to offering the most egregiously lazy example of the media's obsession with catchy word combination (edging out "Snowpocalypse"), Greece's potential exit from the European Union also offers a crucial investing lesson.  View Full Article

Forbes, 6/24/2015

Take A Ride With Four RV Stocks In The Lynch And O'Shaughnessy Molds

When the financial crisis of 2008-2009 rocked the globe, motor home and recreational vehicle companies were hit particularly hard. With uncertainty reigning and the economy nearly entering a depression, the powerful allure of buying an RV, hitting the road and seeing the country took a backseat to financial prudence and reality.  View Full Article

The Globe and Mail, 6/15/2015

Will Fed Rate Hike Doom Stocks? Step Back and Stick to the Fundamentals

The consensus continues to be that the Federal Reserve will start raising U.S. interest rates in September, and that has many equity investors feeling uneasy. Rising rates, the theory goes, spell trouble for stocks.  View Full Article

Forbes, 6/10/2015

When It Comes To Rate Hikes, Be Careful With Regional Bank Stocks

The rate hikes are coming, the rate hikes are coming! That's been the refrain on Wall Street for some time now all, with investors and corporate America fretting about when the Federal Reserve will at long last raise interest rates. The consensus has been that the Fed will take action in September, though that is far from a sure thing. But when it does move on rates, it may well be good news for regional banks.  View Full Article, 6/10/2015

Companies That Know How To Turn Cash Into Profits

In the wake of the 2008 financial crisis, American corporations began holding onto as much cash as they could get their hands on. Fearing another liquidity crisis, they hoarded the greenback, with S&P 500 non-financial companies' collective amount of cash and cash equivalents rising from less than $800 billion in the third quarter of 2008 to over $1 trillion by mid-2010.  View Full Article

Advisor Perspectives, 6/2/2015

Why Decades-Old Quantitative Strategies Still Work Today

For some - particularly those who believe in efficient markets - a successful quantitative investment strategy is akin to a beautiful, quiet, undiscovered beach: Enjoy it while you can because once the masses get wind of it, its secluded beauty will be no more.  View Full Article

Forbes, 5/29/2015

How To Avoid Investor Traps And Invest During Turbulent Times

High-frequency traders, short-sighted fund managers, big fees; for individual investors, there's no shortage of obstacles to good returns in the stock market. But the greatest obstacle is even closer than you think: It's your brain.  View Full Article, 5/27/2015

Don't Get Let Down By "Summer Blockbuster" Stocks

After a long, cold winter, summer is upon us, and with it comes one of the movie industry's greatest spectacles: the summer blockbuster. Big-budget action films like the latest installments of the Avengers and Mad Max franchises have already hit theaters, and more big-hype budget-busters -- Jurassic World, Terminator: Genesis, and Ant-Man among them -- are on the way.  View Full Article

The Globe and Mail, 5/24/2015

Earnings and Valuations Outweigh Potential in Tech Sector Investments

Social media and "new Internet" stocks such as Twitter and Yelp - as well as private companies such as Uber and Lyft - get a lot of attention in the financial media these days. It's to be expected - we humans are obsessed with new things, and we get infatuated with "potential." Why else would more than seven million people have spent an evening watching Round 1 of the recent NFL draft?  View Full Article

Forbes, 5/21/2015

Invest Like The Best: 7 Buffett And Lynch-Inspired Stock Buys

If you are a serious investor, you're surely familiar with Warren Buffett and likely familiar with Peter Lynch. The former is considered the greatest investor of all-time, having built Berkshire Hathaway into one of the largest companies on the planet; the latter may have been the greatest mutual fund manager in history, producing annual returns of nearly 30% over a 13-year stretch while heading Fidelity's Magellan fund.  View Full Article, 5/14/2015

For Tech Stocks, Take Proven Over Potential

Twitter, Facebook, Yelp -- social media and "new Internet" stocks get a lot of attention in the financial media these days. It's to be expected -- we humans are obsessed with new things, and we get infatuated with "potential". Why else would more than 7 million people have spent an evening watching Round 1 of the recent NFL draft?  View Full Article

Canadian MoneySaver, 5/1/2015

Big Mo' and Your Portfolio

For a dyed-in-the-wool value investor, the idea of buying a red-hot stock is probably anathema. After all, value investors try to buy stocks that are cheap relative to business fundamentals like earnings, sales and book value.  View Full Article, 4/27/2015

A Small-Cap Growth Approach That Gets Big Results

Small growth stocks can be packed with potential, but any discussion of the market's fast-growing little guys usually comes with a couple of important caveats: They can be risky and quite volatile. One year's darlings can become next year's dogs in the blink of an eye, making for a tumultuous ride.  View Full Article

The Globe and Mail, 4/6/2015

Three Stocks That Are Cheap Because of Fear, Not Fundamentals

In today's Internet-centric world, the first thing many of us do before going on a vacation is hit the review and ratings websites - TripAdvisor, Yelp and the like. We want to make sure that we don't stay in the "sketchy" part of whatever town we're visiting; we want to make sure that we get to go to the restaurants that provide the most bang for our buck; and if we need transportation to and from an airport or elsewhere, we want to make sure that we are using a reliable service.  View Full Article, 3/31/2015

Trust The Numbers -- Not The "Experts"

"Analyst Predicts Apple Will Buy Tesla For $75 Billion." "Bad news: Stocks Likely To Fall Further." "The Fed Expects A Strong US Economy In 2015." What do all these have in common? First, they are all recent headlines from financial news outlets. Second, they are all probably just as likely to be erroneous predictions as they are likely to be on the money, if history is any guide. That's because forecasters have a pretty dicey collective track record.  View Full Article

Forbes, 3/12/2015

Listen To Buffett: All Share Buybacks Weren't Created Equal

With the economy rebounding, easy credit flowing and anxiety high following the financial crisis, corporations have been sitting on huge amounts of cash in recent years. One major way they've started to put it to use is through buybacks of their own shares-and many of these companies aren't shy about letting you know about it, touting their "shareholder friendly" approaches to dealing with excess cash.  View Full Article

The Globe and Mail, 3/10/2015

Three Canadian Non-Oil Stocks Trading at Attractive Values

Most of the recent economic and stock market talk about Canada has been negative, and the main culprit for the doom and gloom is an obvious one: oil.  View Full Article, 3/5/2015

When It Comes To Investing, Don't Just Support Your Home Team

For US investors, having a home team bias has paid off handsomely over the past two years. While the S&P 500 gained 29.6% in 2013 and 11.4% in 2014, the MSCI EAFE index of international stocks rose a total of just 7% over those two years. Given that the US economy has continued to fare quite well in recent months while other parts of the world have continued to struggle, you might be thinking about going all-in on American equities. Be careful.  View Full Article

Forbes, 2/23/2015

Monster Beverage And 4 Other Ted Williams Value Stocks

You don't end up with a .344 lifetime batting average, hit 521 home runs, and play in 18 All-Star Games without being blessed with a lot of natural talent. But Ted Williams didn't earn his reputation as baseball's greatest hitter on talent alone.  View Full Article, 2/20/2015

Don't Let Your Brain Ruin Your Returns

Warren Buffett's annual letter to Berkshire Hathaway shareholders is due out soon, and, if past letters are any indication, there's a good chance you won't just read about Berkshire's stellar track record and wildly successful businesses. You'll also read about Buffett's mistakes.  View Full Article

The Globe and Mail, 2/17/2015

Three Undervalued Stocks Benjamin Graham Would Like

Finding exploitable investment opportunities does not mean it's easy to make money, however. To do so requires the ability to consistently, patiently and slavishly stick with a strategy, even when it's performing poorly relative to other methods.  View Full Article, 1/28/2015

The US's New Industrial Revolution

Not too long ago, conventional wisdom held that American manufacturing was going the way of the dodo bird. But the resurgence of American manufacturers has been one of the great themes throughout the economic expansion that began back in 2009 -- and in 2014, things really took off.  View Full Article

The Globe and Mail, 1/27/2015

Three Beaten-Down Oil Stocks That Are Good Bets to Bounce Back

If you're like most investors, the thought of buying oil stocks right about now probably gives you a sick, sinking feeling in your gut. After all, the stunning speed and strength of oil's decline has been pummelling oil-related stocks across North America.  View Full Article, 12/29/2014

Who Should You Root For In the Growth vs. Value Matchup?

Much like other great rivalries -- Yankees vs. Red Sox, Packers vs. Bears, Canadiens vs. Bruins -- the investment world's growth vs. value battle generates strong feelings and intense, seemingly neverending debate. But while no self-respecting fan would ever root for both the Yankees and Red Sox, it's a different story in investing. You can -- and should - embrace both growth and value in your portfolio.  View Full Article

The Globe and Mail, 12/21/2014

The Case For Active Management Lives On

While 2014 has been another good -- albeit very choppy -- year for U.S. stocks, it has been another rough one for mutual fund managers. As of late October, more than 75 per cent of large-cap funds were lagging their benchmarks, according to Morningstar data. Nearly 90 per cent of mid-cap funds lagged their benchmarks, meanwhile, and about half of small-cap funds lagged theirs.  View Full Article, 12/12/2014

Going Beyond Peter Lynch's "Buy What You Know" Advice

According to mutual fund legend Peter Lynch, one good source is your own experience as a consumer. The star Fidelity manager believed one way to find good investment ideas is to focus on companies you deal with personally -- and like.  View Full Article

Forbes, 12/10/2014

Two Stocks I'd Like To Find In My Stocking And Two I Wouldn't

Holiday shopping season is in full swing, with millions of Americans scouring shopping malls and the Internet for all sorts of presents for Christmas, Hanukkah, Kwanzaa, and beyond. That means it's also time for consumers to be bombarded with all sorts of advertisements for the hottest toys and gadgets and big-ticket items.  View Full Article

The Globe and Mail, 12/7/2014

Bet On These Three Stocks, Not On The Economy

Since mid-2012, gross domestic product growth has cracked the 3-per-cent mark in Canada in just one quarter. In the United States, meanwhile, recent growth has been some of the strongest we've seen since the economic recovery began in 2009, hitting at least 3.5 per cent in four of the past five quarters. And that doesn't come close to what growth has been in China, where GDP growth -- though slowing -- continues to be more than 7 per cent.  View Full Article, 12/2/2014

Anti-Glamour Investing

We humans -- particularly the American variety -- love glamour and glitz. For proof, look no further than the Christmas season. TV commercials entice youngsters with images of the latest, hottest toys. They capture the imaginations of adults with ads about jewelry and iPads and bow-wrapped luxury cars. And we all wait to see how far that neighbor down the street will go this year in a quest to make his Christmas-light-covered house visible from outer space.  View Full Article

Forbes, 11/25/2014

There's Money To Be Made With Tech's Second Acts

America loves a second act. Whether it's Mike Tyson reemerging after scandal, prison and bankruptcy to become a tragi-comic star of the screen, or Martha Stewart returning from prison a little softer, a little less uptight, we love to see once-powerful figures falter and then rise again in different form.  View Full Article

The Globe and Mail, 11/24/2014

Apple Gets a Seal of Approval From the Buffett Model

Three years ago, the normally tech-wary Warren Buffett and Berkshire Hathaway began snatching up shares of tech sector titan International Business Machines (IBM). Since then, Mr. Buffett's firm has increased its stake in the New York State-based company to 7 per cent, or more than 70 million shares.  View Full Article

The Globe and Mail, 11/17/2014

Even Value Investors Should Recognize the Importance of Quality

Given that we live in an age of endless analytical data, intricately interconnected global markets, and esoteric financial instruments, it's amazing to think how simple the concepts behind good investing are.  View Full Article, 11/13/2014

How To Spot An "Enduring Moat" Like Buffett, Greenblatt, And Fisher

Warren Buffett has made many meaningful contributions to the world of investment strategy throughout his long, illustrious career. But the greatest may be his development of the "enduring moat" (or "durable competitive advantage") concept.  View Full Article

Forbes, 11/11/2014

Five Small-Caps Fit For A Strong-Dollar World

Not long ago, many -- if not most -- prognosticators were forecasting the demise of the US dollar. After the Federal Reserve began pumping trillions of dollars into the financial system in response to the financial crisis of 2008-09, many said major inflation would come, debasing the US currency. But reports of the dollar's demise were greatly exaggerated. And lately, due to a number of factors -- including the end of the Fed's quantitative easing program-- the greenback has been on fire.  View Full Article, 10/29/2014

The Best Stock Market Guru You've Never Heard Of

Stock market gurus come in all shapes and sizes. Some live extravagantly -- Martin Zweig once bought the most expensive apartment in New York City, and had a penchant for buying rare - and pricey - pop culture memorabilia. Others are far more unassuming -- Warren Buffett still lives in the same Nebraska home he purchased some 50 years ago, before he became known to the world as the "Oracle of Omaha."  View Full Article

Forbes, 10/27/2014

Stocks That Could Benefit From Cheap Oil

Over the past couple months, one of the many issues concerning investors has been the sharp decline in oil prices. Since climbing to about $108 in mid-June, the price for a barrel of West Texas Intermediate has tumbled to about $80, according to the Energy Information Administration. And, to be sure, some of the reasons behind the rapid decline haven't been positive, like the slowing growth in China and weakness in Europe and emerging markets.  View Full Article

The Globe and Mail, 10/7/2014

Need an Incentive to Rebalance Your Portfolio? It Can Increase Your Returns

The investing world is so often focused on the next, big, exciting thing. But more often than not in investing, it's not the big, sexy moves that lead to good long-term returns. It's the little things -- things like rebalancing your portfolio on a regular basis.  View Full Article, 10/3/2014

Big Problems for Small Stocks?

After a stellar 2013 and so-so first half of 2014, small-cap stocks ran into a wall in the third quarter. The Russell 2000 index of smaller stocks tumbled more than 7% from July through September, and, since hitting an all-time high earlier this year, the index is down more than 10% -- entering into correction territory.  View Full Article

Forbes, 9/23/2014

Five Transportation Stocks On The Move

"Tepid." "Meager." "Weak." "Anemic." The U.S. economic recovery that began in mid-2009 hasn't received a lot of accolades despite its five-plus year run. In fact, it's probably the least loved economic expansion of our lifetimes.  View Full Article

The Globe and Mail, 9/18/2014

For Successful Investors, Boring is Beautiful

Enron and WorldCom: They are two of the most infamous names in stock market history. Both of these apparent growth dynamos went up in flames amid major accounting frauds in the early 2000s, dealing investors painful blows.  View Full Article, 9/17/2014

Gurus Agree: Low-Debt Firms Make Good Investments

Over and over again throughout financial history, investors have learned hard lessons about the dangers of debt. While it can be so tempting to borrow money today and not worry about paying it back till a few years down the line, the excessive use of debt more often than not leads to big trouble, both for consumers and corporations -- just think back to the 2008 financial crisis.  View Full Article

Forbes, 9/10/2014

Tim Hortons Isn't The Only Good Value In Canada

A lot of people have questioned the amount of value left in the U.S. stock market after its five-and-a-half year rise. I'm not one of them. In fact, I think plenty of value remains not only in the U.S., but in North America as a whole.  View Full Article, 9/7/2014

Swimming Upstream to Beat the Market

Warren Buffett, Peter Lynch, Joel Greenblatt, Benjamin Graham -- while these investing gurus all put up exceptional market-beating returns over long periods, they did so in very different ways. Each guru has his own key metrics and analytical methods for analyzing stocks.  View Full Article

The Globe and Mail, 8/26/2014

Invest Like Buffett: Learn Not to Tinker, And Other Guru-Inspired Tips

And the winner is ...? In early August, my Validea Canada Guru Portfolios - inspired by such great investors as Warren Buffett, Peter Lynch, Martin Zweig and Benjamin Graham - hit their four-year anniversaries.  View Full Article

Forbes, 8/25/2014

Lessons To Take From Health Care's Strong 2014 And What To Buy Now

Talk about climbing a wall of worry. Between the continuing concerns and uncertainty over ObamaCare and the biotech blow-up that hit in late winter/early spring, you'd think health care stocks would be having a rough go of it in 2014. But while the S&P 500 is up about 7% year-to-date, health care sector stocks are up on average more than 11%, according to Morningstar.  View Full Article, 8/14/2014

Be Imperfect When You Pick Stocks

When an investor like Warren Buffett amasses a fortune of tens of billions of dollars in large part due to his stock market savvy, or a mutual fund manager like Peter Lynch doubles the market average for over a decade, it's easy to imagine that they are close to infallible when it comes to stock-picking. After all, to be that successful, an investor has to be correct the vast majority of the time, right?.  View Full Article

Forbes, 8/12/2014

Five Stock Ideas For Buffett's $55 Billion In Cash

It's Wall Street's $55 billion question: What is Warren Buffett going to do with all that cash? In Berkshire Hathaway's second-quarter regulatory filing, Buffett's company said it has more than $55 billion in cash and cash equivalents on its balance sheet -- a huge number even by Buffett's standards. And if you've read or heard much from the world's most famous investor over the years, you know he is just itching to use it.  View Full Article

The Globe and Mail, 8/5/2014

Buying Time: Investors Should Take Advantage of Correction Fears

With tensions escalating in the Middle East and Ukraine and weakness in certain areas of the market, like the small-cap arena, talk of a correction is heating up yet again. More and more prognosticators are saying a 10 per cent to 20 per cent decline will hit stocks any day now -- just as they did earlier this year in what turned out to be a false alarm.  View Full Article

Forbes, 7/29/2014

Growth And Value Jambalaya: 5 Buffett, Lynch, Greenblatt And O'Shaughnessy Picks

Former Major League outfielder (and World Series hero) Joe Carter was a powerful hitter, averaging a home run every 21 at-bats and ending his career with a .464 slugging percentage. But when visiting Boston's Fenway Park, Carter went from "good" to "Babe Ruthian:" In 79 games at Fenway, Carter routinely sent pitches rocketing over the giant left field wall, averaging a home run every 14 at-bats and slugging a whopping .615.  View Full Article, 7/29/2014

The Truth Behind Stock Prices

Tensions in the Ukraine pushed stocks lower. Solid earnings sent markets higher. Manufacturing data weighed on equities. On a day-to-day basis, you'll hear all sorts of explanations for why stocks move one way or another. But what about over the longer term? What factors really drive equity prices over the long haul? And, perhaps most importantly, can we quantify them?  View Full Article

The Globe and Mail, 7/20/2014

Avoid Unappetizing 'Stock Stew': Don't Tinker With Strategy

Have you ever followed a recipe in a cookbook and thought, "I can make this better"? Maybe you add a little more butter than is called for. Maybe you substitute asiago cheese for mozzarella, and throw in some cayenne pepper as well. You might luck out, and your dish turns out great. But unless you're a gifted chef, you may well be disappointed.  View Full Article

The Globe and Mail, 7/16/2014

Invest Like Warren Buffett: Three Stock Picks

More and more investors are trying to pry their way into Warren Buffett's head to learn exactly how the greatest investor in history has been so successful. To be sure, the "Oracle of Omaha" has spoken plenty about his general approach -- buy shares of quality companies with good management at a good price, and hold them for the long term. But he's never divulged specifics.  View Full Article, 7/15/2014

Greenblatt's Magic Formula: Quite Simple, But Far From Easy

Simple and easy: We often use those two words interchangeably, but they are far from the same. Running a marathon, for example, is simple. Start running several times a week, build up your endurance, and then go to the race and just follow the crowd. Not a lot of steps or complexity in that process.  View Full Article, 7/7/2014

Buy What You Know -- But Do Your Homework, Too

Can you use your own shopping experiences to find winning stocks? Yes -- but be careful. In his classic book One Up on Wall Street, Peter Lynch -- perhaps the greatest mutual fund manager of all-time -- offered a tip that he said could give individual investors an advantage over the big guys: Invest in what you know  View Full Article, 6/19/2014

Buffett, Piotroski, and an Inflation-Beating Approach

Still waiting. Ever since the Federal Reserve started pumping hundreds of billions of dollars into the financial system nearly six years ago in response to the financial crisis, investors have been waiting for major inflation to hit. And I'm talking big-time investors -- Warren Buffett, John Paulson, David Einhorn and a host of other top strategists have all cautioned about inflation at one point our another in recent years.  View Full Article

Forbes, 6/16/2014

It Pays To Emulate The Accountant Who Proved Value Investing Works

The stock market is supposed to be glamorous. It's supposed to be well-coiffed men in finely tailored suits--guys who know what the next big thing will be before you know what the last big thing was--barking orders to buy, BUY!  View Full Article

The Globe and Mail, 6/15/2014

Three Stock Picks That Are a Good Value, No Matter How You Measure Value

"Price is what you pay, value is what you get." Warren Buffett has said that's what he learned about value from his mentor Benjamin Graham, the man known as the "father of value investing." It's a great line and it's right on the money in broad terms. But when you think more specifically, the question becomes: How do you measure "what you get?"  View Full Article

The Globe and Mail, 6/10/2014

Three Attractive Food Stocks With Strong Potential

Since the Great Recession, pundits and policy-makers alike have talked at great length about the United States' meagre inflation rate. Sub-2-per-cent "core inflation" has often been cited as a reason for the Federal Reserve to continue its quantitative easing policies, and as justification for higher equity valuations. In Canada, inflation has also been quite tepid.  View Full Article, 6/5/2014

Skies Look Friendly Once Again For (Some) Airline Stocks

You've probably seen the advertisement from one well known airline that asks viewers, "Wanna get away?" Well, since the deregulation of the industry back in 1978, airline stocks often have made investors want to do just that -- get far, far away. Since deregulation, close to 200 US airlines have filled for bankruptcy, according to Airlines for America.  View Full Article

Forbes, 6/2/2014

Quantitative Strategies Find Contrarian Plays In Any Market, Even This One

Over the past 15 years, Steven Romick's FPA Crescent fund's returns put it in the top 1% of funds in its "moderate target risk" category, according to Morningstar. How has Romick done it? By thinking a lot differently from most investors.  View Full Article

NASDAQ,com, 5/28/2014

Got The Market Jitters? Try Some Earnings All-Stars

Some weaker-than-expected economic data, lingering trouble in the Crimea, the stock market's momentum-stock selloff -- all of that has many investors worried that a recession and bear market may be lurking around the corner. In the three weeks ending May 14, for example, investors yanked a net of more than $8 billion from US domestic equity funds, according to the Investment Company Institute.  View Full Article

The Globe and Mail, 5/25/2014

Four Attractively Valued, High-Quality Stock Picks

For a long time now, many investors have been waiting for the Great Rotation, the shift of money from bonds -- into which investors piled during the Great Recession and its uncertain aftermath -- back to stocks. Last year, fund flows indicated that at long last the Great Rotation might be beginning.  View Full Article

Forbes, 5/20/2014

Like Peter Lynch Said, You Gotta Believe: 4 Stocks To Buy In A Choppy Market

While the great Peter Lynch, who compiled one of the best track records in history with Fidelity's Magellan fund, uttered those words nearly two decades ago, any successful investor knows that they're still true today.  View Full Article, 5/12/2014

Five Retailers That Are Alive And Kicking

Quantitative easing -- the Federal Reserve's massive money-printing effort that began when the financial crisis hit more than five years ago -- hasn't had quite the impact on economic growth that many had hoped for, with the economy expanding at a fairly tepid rate over this past half-decade.  View Full Article

Forbes, 5/7/2014

Why NetEase And Microsoft Are Value Stocks In The Buffett Tradition

Over the long-term, small value stocks win. That's a maxim well known to many investors, in large part thanks to the extensive research of renowned finance professors Kenneth French and Nobel laureate Eugene Fama. But now, new research is indicating that this is not the case-research that comes from ... French and Fama.  View Full Article

The Globe and Mail, 4/30/2014

Why I'm Still a Believer in Warren Buffett

He's lost his touch. He's past his prime. He's an "oracle" no more. So say Warren Buffett's critics, and a new analysis appears to provide evidence that his skills are indeed on the decline. I disagree.  View Full Article

Seeking Alpha, 4/26/2014

For FutureFuel, The Future Is Now

So far, 2014 has been a rough year for many small-cap growth stocks. Many - but not all. Take small-cap manufacturer FutureFuel Corp. (FF). This Missouri-based company's shares have risen about 30% so far in 2014 (through April 24).  View Full Article

The Globe and Mail, 4/15/2014

Three Strong Stocks That May Be M&A Targets

The global mergers and acquisitions market is picking up nicely in 2014. In the first quarter, deal-making was up 54 per cent versus last year's first quarter. With broader economic growth mediocre and more than $1-trillion (U.S.) sitting on corporate balance sheets, U.S. companies may continue to turn to M&A as a way to grow.  View Full Article

NASDAQ,com, 4/4/2014

Five Guru-Approved Stocks That Can Defend Their Economic Moats

Just ask Warren Buffett. The world's most famous investor is credited with coining the term "economic moat" to describe a long-lasting advantage that a company has over its peers, and the topic is one he often discusses.  View Full Article

Seeking Alpha, 3/25/2014

Amid Weak Expectations, AGCO Looks Like A Strong Buy

With agricultural commodity prices having declined for much of the past year, it's been a rough few months for agricultural equipment companies like AGCO Corporation (AGCO), the Georgia-based mid-cap ($4.8 billion) firm that offers everything from tractors to combines to hay tools to grain storage and protein production systems and beyond.  View Full Article

Forbes, 3/25/2014

Five 'Magic' Greenblatt Strategy-Inspired Turnaround Stocks

About a year ago, I wrote a column about the Guru Strategy that I base on the "Magic Formula" approach of hedge fund star Joel Greenblatt. At the time, my Greenblatt-inspired 10-stock model portfolio had a strong long-term track record, but was coming off of two straight underperforming years.  View Full Article

Forbes, 3/20/2014

Think Like A Global Guru To Reduce Risk: 5 Stocks To Buy Now

For as many hits as America took during the 2008-09 financial crisis, the country's reputation for safety has in some ways been bolstered by the crisis and its aftermath. After all, when investors were looking for safety amid the chaos, where did they turn? To good ol' U.S. Treasurys, of course. And which developed market has fared best since the crisis? Safe to say, America.  View Full Article

The Globe and Mail, 3/18/2014

Three Undervalued Tech Stocks to Buy and Hold

Uh-oh -- is Nobel Prize-winning economist and renowned bubble spotter Robert Shiller seeing a new bubble in the tech sector? That's what some recent headlines would have you believe, after Mr. Shiller -- one of the few who warned of both of the Internet bubble of the late 1990s and the housing bubble of the mid-2000s -- said on CNBC that "people are very impressed by high tech, probably too impressed, and so it does call to mind a bit of the late 1990s with the dot-com bubble."  View Full Article

Seeking Alpha, 2/25/2014

WSFS Financial: A 'GARP' Financial Stock In The Peter Lynch Mold

Five years after it started to come under control, the specter of the 2008-09 financial crisis still hangs over U.S. financial stocks. While many financial firms have been posting strong earnings growth and getting their balance sheets in order, investors have been lukewarm on them, with financial stocks lagging well behind the broader market over the past one and three year periods, according to Morningstar.  View Full Article

The Globe and Mail, 2/25/2014

Four Emerging Market Stock Picks Worth a Second Look

So far, it's been a rough turnaround for U.S. stocks in 2014. After a year in which the major indexes were up about 30 per cent, investors are getting nervous, and one big driver seems to be emerging markets.  View Full Article

Forbes, 2/19/2014

If Only Buffett Could Buy These Five Small Caps

With a fortune close to $60 billion and a reputation as perhaps the smartest investor of all time, Warren Buffett has plenty of advantages over individual investors. If Buffett wants to have an in-depth discussion with the CEO of a company he's considering investing in, for example, you can bet that CEO will take Mr. Buffett's call.  View Full Article

NASDAQ,com, 2/10/2014

Finding Contrarian Plays In A Not-So-Cheap Market

Good news, bad news: First the bad -- the stock market is no longer cheap. The days of throwing a stone in the air and hitting a bargain-priced stock are over, with S&P 500 P/E ratios in the 16.5-17.5 range and the index's price/book ratio at 2.5.  View Full Article

Forbes, 1/31/2014

The Best Sector For The Long Haul: Which Stocks Look Good Today?

Just as 2013 was a strong year for the broader stock market, it was also a solid year for consumer stocks. And, just as there was significant variation between the performance of the broader market's sectors, so too was there a good deal of differentiation within the consumer stock arena.  View Full Article

Seeking Alpha, 1/29/2014

Why HCI Is Still A Buy After Last Year's Gains (And Last Week's Losses)

"Don't chase hot stocks." It's advice that any good value investor has heard hundreds of times, and it's good advice -- in the right context. Indeed, chasing a hot stock that has been surging solely on hype and speculation rather than fundamentals is a dangerous game, as is chasing a hot stock whose valuation has soared to bloated heights.  View Full Article

The Globe and Mail, 1/14/2014

Three Good, Cheap Stocks Worth Buying

After the speed and strength of last year's U.S. market surge, it seems that many North American investors' New Year's resolutions were to cut back on their stock holdings in 2014, with both the S&P 500 and the S&P/TSX Composite falling in the first few trading days of the year.  View Full Article

Forbes, 12/19/2013

Holiday Checklist: Apple And Four Other Retail Stocks To Buy

We're now knee deep in the biggest time of year for retailers, as shoppers (except for those of the last-minute variety) are busily checking items off their lists and preparing to fill up Christmas stockings. Thus far, the early results have had Wall Street pretty bearish on retail stocks (what's new).  View Full Article

The Globe and Mail, 12/15/2013

Don't Fear the January Effect - Profit From It

The January Effect: The name has the ring of a Tom Clancy spy novel, the type in which a covert agent races through city streets, trying to thwart a nefarious plot to unleash chaos on the world -- and profit from it.  View Full Article

Forbes, 12/6/2013

Why Warren Buffett Is Not The World's Greatest Value Investor

True or false: Warren Buffett is the greatest value investor in the world? I'm going with "false." That might seem an odd response from someone who often touts the wisdom of the "Oracle of Omaha" (and who bases one of his investment strategies off of Buffett's approach).  View Full Article

The Globe and Mail, 11/24/2013

Round Out Your Assets With Cyclical Stocks

Throughout 2013, investors and pundits have been fretting about economic growth, with concerns about China's slowdown, Europe's recession, and the United States's unspectacular expansion all playing a part.  View Full Article, 10/28/2013

Four Growth Stocks That Pass the Strategies of Investing Legends

It's no secret that value stocks tend to lead the way at the beginning of bull markets, while higher growth stocks tend to take control as the bull matures. It makes sense. Value stocks tend to be more risky -- that's why their valuations tend to be much lower than those of high-growth stocks.  View Full Article

Forbes, 10/23/2013

How To Find Market Bargains

As stocks have continued to rise over the past year, so too have price/earnings ratios. Back in mid-November of last year, for example, the S&P 500 was trading for just under 16 times trailing 12-month as-reported earnings. Today, that figure is up above 18.  View Full Article

The Globe and Mail, 10/20/2013

Four Canadian Stocks Warren Buffett Would Love

Warren Buffett has a whole lot of cash, and nowhere to put it. "We're having a hard time finding things to buy," the Oracle of Omaha recently told CNBC. With the U.S. equity market up 150 per cent from its bear market low, he explained, it has become hard for him and colleagues at Berkshire Hathaway Inc. to find the bargains that existed a few years ago. When you have more than $35-billion (U.S.) in cash on hand, that can be a frustrating predicament.  View Full Article

Seeking Alpha, 10/17/2013

Embrace The Headwinds For HollyFrontier

After a tremendous 2012 in which they soared 70%, 80%, or even 100%, shares of oil refiners have struggled mightily in 2013. Following a decent first month of the year, many refining stocks have fallen between 10% and 20% since the start of February, while the S&P 500 has continued its upward rise.  View Full Article

The Globe and Mail, 9/26/2013

Five Small-Cap Stocks Probably Not On Your Radar (But Should Be)

In the stock market, thinking small can lead to big rewards.That's what 85 years of history has shown. From 1927 through 2012, one dollar invested in the total U.S. stock market would have grown to just shy of $3,000, according to Index Fund Advisors.  View Full Article

Forbes, 9/20/2013

The Emerging Markets In Middle America, What To Buy

With all that's going on in the financial and economic world today, where is it better to focus your attention: emerging markets that offer great growth prospects but often lack stability, or big, established developed markets like the U.S., where growth prospects are weaker but valuations and political stability are often better?  View Full Article

Forbes, 9/10/2013

Five Communications Plays Offering Value--Besides Nokia

When once-mighty Nokia sold off its handset business in a $7.2 billion deal last week, it was somewhat fitting that the buyer--Microsoft--was another firm whose shares haven't gotten much love from Wall Street in recent years.  View Full Article

Forbes, 8/26/2013

5 Return-On-Equity Dividend Stocks Buffett And Lynch Would Love

What sort of qualities do you look for in a business when investing? I'm not talking about a stock and its momentum, or volume or relation to its 52-week high. I'm also not talking about your perception of the company as a consumer--its ads, its products and so forth. I'm talking about its business. What traits do you want in a business in which you invest?.  View Full Article, 8/23/2013

Five Guru Approved Stocks to Play a Potential International Rebound

While it has by no means been producing gangbusters growth, the American economy has been outperforming its developed market peers in recent years, and has been quite stable compared to those of many emerging markets.  View Full Article

The Globe and Mail, 8/22/2013

Playing the Expectations Game: How Investors Can Hit a Home Run

With the Major League Baseball season now about three-quarters done, consider these two teams.  View Full Article

Forbes, 8/8/2013

Four Free Cash Flow Yield All-Stars

When it comes to stock-picking variables, most investors are probably familiar with metrics like the price/earnings ratio, earnings-per-share growth rate, debt/equity ratio, and dividend yield.  View Full Article

The Globe and Mail, 7/28/2013

Avoid Putting Stock in Short-Term Forecasts

When will the U.S. Federal Reserve Board begin tapering its huge, market-bolstering quantitative easing efforts? How will Europe's lingering debt woes play out, and how will that impact markets in North America? Where will the S&P/TSX composite be at the end of 2013? How about the S&P 500?  View Full Article

Forbes, 7/26/2013

Lukoil And Three Other Emerging Stocks Legendary Investors Would Like

Huge demonstrations in Brazil, a slowdown and possible housing bubble in China, a coup in the Middle East, and continuing concerns about demand from the developed world -- emerging markets investors have had plenty to worry about over the past few months.  View Full Article, 7/25/2013

Retailers That Pass the Guru Test

In baseball lore, few events are as celebrated as Babe Ruth's "called shot". The story goes like this: In the fifth inning of Game 3 of the 1932 World Series, Ruth came to the plate, and, while engaged in some serious back-and-forth jawing with Chicago Cubs players, pointed to Wrigley Field's centerfield bleachers as if to say, "That's where I'm hitting the next pitch." Then, incredibly, he did just that, crushing a home run that gave the Yankees the lead -- and Ruth's legend one of its signature moments.  View Full Article

The Globe and Mail, 7/14/2013

Beware the Stagnant Cash Collecting Dust Under the Bed

A slowdown in China, lingering problems in Europe, the unknown landscape of a post-QE environment -- everywhere you look in the investment world these days, the talk is about one frightening risk or another.  View Full Article

Amazon Money & Markets, 7/9/2013

How Peter Lynch Can Help You Beat The Market

Who is the greatest mutual fund manager of all-time? John Templeton? Benjamin Graham? John Neff? All of those investment gurus are no doubt legitimate choices. But the fund manager with the best long-term track record may well be the great Peter Lynch.  View Full Article

Forbes, 7/5/2013

Don't Be A Lane-Changing, Tailgating Investor, Stick With Proven Strategies Like These

I can't tell you how many times I've tried -- and failed -- to beat a traffic jam. We've all been there: One minute you're cruising down the highway, the next you've come to a grinding halt, and then the game begins -- the irrational, stress-inducing, borderline impossible game of trying to beat the traffic jam.  View Full Article

Forbes, 5/31/2013

5 Cheap Stocks With No Accounting Gimmicks

Back in early 2008, many financial stocks looked cheap, trading at very reasonable price/ earnings multiples. But as investors soon found out -- painfully -- those low P/E ratios were a mirage, their denominators bloated by the use of unsustainable, dangerous leverage.  View Full Article

The Globe and Mail, 5/26/2013

Five Undervalued International Stocks to Buy

During the financial crisis, the United States was the poster child for economic distress. With its banking system in disarray, many feared the U.S. was headed for ruin. Since then, the U.S. has staged a solid comeback, while other parts of the world have moved to the head of the trouble list.  View Full Article, 5/23/2013

The Brady Bunch Market

If you're a fan of the classic 1970s TV show "The Brady Bunch", you know well the plight of Jan. While older sister Marcia was the pretty, do-no-wrong girl-next-door, and younger sister Cindy was a ball of lisping, curly-haired cuteness, Jan was awkward, angst-ridden, and often overlooked as the Bradys' middle daughter.  View Full Article

Forbes Magazine, 5/23/2013

A Buffett Approach To Buying Growth Stocks

Growth or value? It's one of the most basic questions in the investment world. Pundits debate the attractiveness of growth versus value stocks, and mutual funds neatly chop up the market into "growth" and "value" funds. There's just one problem. The distinction between growth and value is flawed.  View Full Article

The Globe and Mail, 5/2/2013

Entertainment Stocks Are Enjoying Surprising Growth

Over the past few years, North Americans have had plenty to worry about. From the U.S. housing collapse and associated financial crisis, to nuclear threats from Iran and North Korea, to the recent horrifying bombings at the Boston Marathon, it seems there's been one crisis after another.  View Full Article, 5/2/2013

Got Growth?

With first-quarter U.S. GDP growth falling short of expectations and few expecting much in the way of broader economic growth for the rest of the year, investors are once again considering a troubling question: Where will the growth come from?  View Full Article

Forbes, 4/29/2013

Why Apple Isn't Rotting

Is Apple's run over? That's the question many investors have been asking themselves lately -- and the way they've been treating Apple's stock amounts to a collective response of "yes."  View Full Article, 4/15/2013

The Gurus Ride The Rails (and The Big Rigs)

Since the global economic meltdown of 2008, most investors haven't expected much from the economy, and that doesn't seem to be changing. For many, if not most analysts and pundits, the best-case scenario for the U.S. involves "average" growth in coming years; more likely scenarios involve prolonged "tepid" growth; and downside scenarios involve complete and utter financial disaster.  View Full Article

The Globe and Mail, 4/11/2013

Still Looking at Earnings? You're Missing the Boat

In the stock market, it's often all about earnings. Earnings reports, earnings growth rates, price-to-earnings ratios -- when analyzing stocks, investors usually turn to these metrics as gauges of value.  View Full Article

Forbes, 4/3/2013

Mega-Cap Oil Plays Looking Like Bargains

While U.S. stocks have recently been making all-time high after all time high, the energy sector has been left behind. So far in 2013, energy stocks have returned just 3.65%, according to Morningstar (that's second worst of the 11 sectors Morningstar tracks).  View Full Article

The Globe and Mail, 3/31/2013

It Pays to Let Companies Keep Their Cash

As U.S. companies have built up huge cash stockpiles over the past few years, many investors have urged them to put those funds to work.  View Full Article, 3/25/2013

Even in 'New Normal', Buy and Hold Still Beating Market Timers

Since equity markets peaked in 2007, macroeconomic factors have by and large been the driving force behind stocks. The U.S. financial crisis, the European debt crisis, China's slowdown -- these and many other macro issues have led investors to jump in and out of the market based primarily on their feelings about the global economy.  View Full Article

Forbes, 3/19/2013

Five Merger-Bait Retail Stocks

Berkshire Hathaway's $28 billion deal for ketchup king H.J. Heinz; Office Depot and OfficeMax's merger; Comcast's takeover of NBC Universal -- dealmaking has picked up sharply in the U.S. market in 2013.  View Full Article

The Globe and Mail, 3/14/2013

Take a Tip From Buffett: Focus On The Business, Not The Stock

What leads you to buy or sell a stock? If you're like most investors, the answer involves a lot of speculative factors: What are the experts saying? Have shares gone up or down over the past week? On what kind of volume?  View Full Article, 3/11/2013

Five Guru Approved Stocks for Jittery Investors

With the Dow Jones Industrial Average reaching a new all-time high for the first time since the Great Recession and financial crisis, and the S&P 500 creeping closer and closer to its record high, many investors have been getting worried that the stock market is overheated.  View Full Article

Forbes, 3/5/2013

Five Stocks Including Herbalife That Greenblatt's Magic Formula Should Love

If you ever watched a magician perform when you were a child (or even as an adult), you know just how magical their powers can seem to be. Watch him pull a rabbit from his hat, or saw a woman in half, or disappear altogether, and your first thought is, "how did he do that?"  View Full Article

Amazon Money & Markets, 3/1/2013

Four Buffett-Style Value Investing Lessons

Though he's one of the world's richest men, Warren Buffett has often talked of his penchant for life's simple pleasures, like hamburgers and Cherry Coke.  View Full Article, 2/25/2013

Short-Term Focus Can Hinder Long-Term Performance

How's the market doing today? How about in the last hour? And your portfolio -- which of your holdings is down today? On the surface, it might seem that knowing the answer to those questions would be a good thing.  View Full Article

The Globe and Mail, 2/21/2013

Three Beaten-Down Stocks Ready for a Turnaround

It's only February and temperatures remain chilly, but one of the first signs of spring has arrived: spring training. It's a time of optimism, as the 29 teams that failed to win the World Series last year start with a clean slate and a chance to improve on the previous season's shortcomings.  View Full Article, 2/19/2013

Four Guru-Inspired Picks That Are Putting Their Cash To Work

"Cash is king," the saying goes, but since the U.S. pulled out of the 2008-09 financial crisis, cash has been more like a pauper. With interest rates having remained near zero for the past few years, investors have earned just about nothing on their money market funds.  View Full Article

The Globe and Mail, 2/19/2013

Three Stock Picks Inspired by Value Strategies of Buffett and Graham

The statistics are daunting. Over the past two decades, while the S&P 500 market index gained 7.8 per cent a year on average, U.S. equity fund investors earned less than half that -- 3.5 per cent, according to the research firm Dalbar Inc.  View Full Article

Forbes, 2/11/2013

5 Tech Stocks That Have Substance Over Style

Apple plummeting, Netflix surging, BlackBerry back in the game -- big moves by some of the tech sector's biggest names have been dominating the front pages of investment publications in recent weeks.  View Full Article

Amazon Money & Markets, 2/1/2013

Weak Growth Doesn't Mean Weak Stock Returns

While gross domestic product increased at a solid 3.1% rate in the third quarter of 2012, the U.S. growth since the Great Recession ended has been far from gangbusters.  View Full Article, 1/28/2013

The Gurus Get Contrarian with Big Oil

Integrated oil and gas firms have had a lot working against them the past few years. The U.S.'s slow economic recovery, Europe's troubled economy, a slowdown in China, numerous political crises and social unrest in the Middle East (including the recent attack on an Algerian gas complex) -- all of these issues and more have led many investors to steer clear of the major oil stocks  View Full Article

The Globe and Mail, 1/20/2013

Buffett Finds Value In His Own Firm

With his Berkshire Hathaway Inc. sitting on billions of dollars in cash, Warren Buffett has been quite vocal about his desire to find places to put money to work. In early December, Mr. Buffett did just that, with Berkshire making a $1.2-billion (U.S.) investment in a large, well known firm with a lengthy track record of success.  View Full Article

Forbes, 1/18/2013

Consumer Fears Mean Retail Opportunities, Here Are Five Buys

Time and time again over the past four years or so, the pundits and prognosticators have declared the U.S. consumer dead. High unemployment, slow wage growth, tumbling home prices, potential tax hikes involved in the "fiscal cliff" -- all of these and other factors have been cited as reasons why American consumers just won't be able to spend the way they used to.  View Full Article, 12/26/2012

Cliff Fears Creating Dividend Bargains

As the U.S. marches closer and closer to the "fiscal cliff", one of the areas of the stock market believed to be the most vulnerable is high-dividend stocks. If Congress and the President fail to reach some sort of deal before Jan. 1, dividends will be taxed at the same level as ordinary income -- which could be as much as 39.6% for some investors, more than twice the current 15% rate.  View Full Article

Forbes, 12/18/2012

Ben Graham's 60-Year-Old Strategy Still Winning Big

The world is full of flashes-in-the-pan. The director who makes a fantastic movie, but never comes close to duplicating the feat; the quarterback who has an excellent season or two, and then fades into obscurity; the one-hit wonder who follows up a stellar debut album with a string of failure--all of them may have brief brushes with greatness.  View Full Article

The Globe and Mail, 12/17/2012

A Trio of Value Stocks in the Buffett Mould

In the half century since Warren Buffett took over Berkshire Hathaway, so much has changed in the investing world. From the rise of day trading, to the advent of the Internet and 24-hour financial news, to the high-frequency trading that often dominates today's market, the very nature of how many people invest has shifted dramatically as the decades have passed.  View Full Article, 12/6/2012

Guru Approved Stocks For a Potential Fiscal Cliff Resolution

While history's greatest investors have come in a variety of shapes and sizes, one quality that the vast majority have had in common is that they are contrarian thinkers.  View Full Article

Forbes, 11/27/2012

Face Your Fiscal Cliff Fears With Stocks Like These

"Cliff" -- it's a word that is rife with subtext, most of it the unpleasant variety. In fact, I would bet that when most people hear the word cliff, words like "falling," "danger," and maybe even "death" come to mind.  View Full Article, 11/19/2012

Chemical Companies That Get the Guru Stamp of Approval

We all know who makes the products that play huge roles in Americans' daily lives -- the Apples and Coca-Colas and Exxon Mobils and Hondas of the world. But do you know who makes the products used to make those firms' well-known products?.  View Full Article

The Globe and Mail, 11/13/2012

Shopping For Value? Four Consumer Stocks to Consider

In 1897, when rumours that he was gravely ill surfaced, a very-much-alive Mark Twain is said to have declared, "The reports of my death are greatly exaggerated.".  View Full Article

Forbes Magazine, 10/31/2012

Three Stocks You Can't Get Emotional About

From the outcomes of elections and sports events, to changes in stocks and the economy, people make notoriously poor predictions.  View Full Article, 10/24/2012

Focusing on Fundamentals Amidst the Election Hype

As Election Day creeps closer, all sorts of pundits and prognosticators are telling us who is going to win the presidency -- and what it will mean for the economy and the stock market.  View Full Article

The Globe and Mail, 10/7/2012

Follow The Cash: Four Stocks That Even Mark Carney Might Like

Companies that have big stockpiles of cash got a tongue-lashing this summer from Bank of Canada Governor Mark Carney, who says such firms are using "excessive" caution that is hindering economic growth.  View Full Article, 9/26/2012

Finding Opportunities in Stocks Passing Multiple Guru Strategies

What's better than one investment guru? Two investment gurus, of course.That's what I've found over the years using my Guru Strategies, each of which is based on the approach of a different investing great.  View Full Article

The Globe and Mail, 9/24/2012

A 10-Stock Portfolio to Beat the Market

"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring." - Billionaire hedge fund manager George Soros  View Full Article

Forbes, 9/18/2012

Warren Buffett Does Not Live On Value Alone

For years now, Warren Buffett's name has been nearly synonymous with the term "value investing." A disciple of Benjamin Graham - the man known as the "Father of Value Investing" - Buffett has become the world's most well-known investor thanks to his ability to ascertain the value of various securities and then buy them for less, a concept at the core of value investing.  View Full Article, 9/10/2012

Luxury Goods Plays That Meet the Tests of Wall Street Legends

When the financial crisis and Great Recession rocked the U.S. and global economies back in 2008, it was supposed to be the death knell for luxury goods companies and their stocks. After all, the U.S. consumer was dying, the pundits said, and who buys thousand-dollar handbags on their death bed?  View Full Article

The Globe and Mail, 8/28/2012

4 Attractively Valued Stocks With Strong Momentum

Don't chase hot stocks. If you're a serious investor, you've probably heard this piece of wisdom hundreds of times. And generally it's good advice -- but incomplete.  View Full Article, 8/23/2012

Recent IPOs That The Gurus Would Love

Facebook, Groupon, Zynga -- the past year has been a rough one for some high profile initial public offerings.  View Full Article

The Globe and Mail, 8/13/2012

The Best Resource Stocks For Your Dollar As Food Prices Soar

Over a third of the Midwest was suffering from extreme or exceptionally dry conditions at the end of July. It's been nearly six decades since the U.S. has seen conditions like this. The result: Corn and soybean prices have hit record highs.  View Full Article, 8/10/2012

Buffett Based Model Combats the Myth That Stock Picking is Dead

Since the financial crisis of 2008 and the accompanying "Great Recession", the investment world has been filled with an unceasing refrain. "Things are different now," it goes; "The old rules don't apply."  View Full Article

Forbes, 8/7/2012

Apple, SAP And Three Other Large-Cap Growth Stocks To Buy Now

With so much attention on European debt and fiscal cliffs and LIBOR scandals, many investors have overlooked an important occurrence in the stock market over the past year or so.  View Full Article

The Globe and Mail, 8/3/2012

Why Boring Stocks Win

For decades, the investment world operated under two key assumptions -- that risk is defined by volatility, and that taking on greater risk leads to greater reward. Buy stocks that are risky and, over the long run, the market will reward you with greater returns, the thinking went.  View Full Article, 7/30/2012

Finding Stocks to Fill Your Portfolio's Mid Year Needs

The end of July is fast approaching, and for Major League Baseball that means one of the most exciting periods of the season: the week or so leading up to the trading deadline. With more than half a season under their belts, contending teams have a good idea of what they have -- and what they lack.  View Full Article

Forbes, 7/20/2012

Five High-Dividend Plays That Are Still Cheap

Over the past 15 years, Bill Nygren's Oakmark Select I (OAKLX) fund has averaged annual returns of 9.4%, more than doubling the S&P 500's 4.3% average. That puts it in the top 1% of funds in its large-cap blend class, according to Morningstar-and makes Nygren someone I pay close attention to.  View Full Article, 7/5/2012

Materials Stocks for a Potential Economic Rebound

As Europe's debt crisis has flared up and growth in China has slowed from "gangbusters" to merely "impressive" in recent months, basic materials stocks have been hit hard. For the year, the sector is down about 1%, according to Morningstar, lagging all other sectors except energy. And over the past three months, basic materials have been the flat-out worst sector, losing nearly 10%.  View Full Article

Forbes, 7/3/2012

Five European Stocks Worth Buying Now

European stocks provoke fear and trepidation among investors these days. Investors lost confidence, with Greece hanging onto its euro zone status by a thread, and Spain and Italy's borrowing costs driving last month hitting unsustainable levels. Hordes of investors in European stocks rushed the exits.  View Full Article, 6/20/2012

Contrarian Plays That Meet the Tests of Wall Street Legends

If you're like most investors, the nonstop headlines about the European debt crisis have been leading you to cash out a good chunk of your U.S. stock holdings over the past few months. From March through May, investors collectively pulled a net of about $44 billion from U.S. domestic equity mutual funds, according to the Investment Company Institute.  View Full Article

The Globe and Mail, 6/11/2012

Prem Watsa's Stock Picking Aces The Guru Test

Given his celebrity status, it can be easy to forget what first made Warren Buffett the world's most-followed investor: His impeccable track record. For decades, Mr. Buffett has produced returns at Berkshire Hathaway that almost no investor can match. But Prem Watsa can.  View Full Article, 6/4/2012

5 High Quality Small-Caps That Pass the Strategies of Investment Legends

Since the stock market began to turn lower two months ago amid renewed fears about the European debt crisis, small-cap stocks have fared worse than their larger peers. It shouldn't be a surprise -- often when fears hit and the market falls, investors lean toward stocks of larger companies, with the assumption that they will be more stable and steady during tough times.  View Full Article

The Globe and Mail, 5/28/2012

Strong Tech Firms That May Be Better Buys Than Apple

Today I will attempt a feat that few in the investment world have dared in recent years. I will try to write a column about technology stocks without using the A-word-- that is, without analyzing a certain headline-grabbing, California-based "iGiant" that rules over the tech landscape.   View Full Article, 5/22/2012

Drafting Fundamentally Sound Stocks For Your Portfolio

The annual NFL Draft has become one of America's most widely anticipated sports-related events, with thousands of people flocking to New York's Radio City Music Hall last month to witness the festivities. Millions more watched on TV or followed on the Internet.  View Full Article

Forbes, 5/21/2012

Dissecting Berkshire's Moves

Warren Buffett and his friends at Berkshire Hathaway (BRK.A) have been busy lately--very busy.  View Full Article

The Globe and Mail, 5/15/2012

3 Promising Stocks With Little Debt, Strong Fundamentals

"Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity," the English author Samuel Johnson once said. Over the past several years, the financial world has seen just how right he was.  View Full Article, 5/10/2012

Warren Buffett's Potential Secret Takeover Targets

Warren Buffett revealed last weekend that his Berkshire Hathaway recently came close to buying a $22 billion company before talks broke down, setting off a flurry of speculation about which company it was -- and what other firms might be in Buffett's sights.  View Full Article

The Globe and Mail, 4/26/2012

How to Build a Winning Portfolio (Or Basketball Squad)

You are the general manager of a basketball team. Your job is to build a roster of players, without going over your budget. In your search, you find a variety of talented prospects -- big, strong, 7-foot-tall centres; small-but-lightning-quick point guards; smooth, athletic, sharp-shooting forwards.  View Full Article

Forbes, 4/24/2012

Five Defense Stocks With Firepower To Survive Budget Cut Battle

Traditionally, stocks of defense industry companies (and other firms that are heavily reliant on the government for their business) are good places for investors to seek safety and play, well, defense.  View Full Article, 4/17/2012

When it Comes to Dividends, Focus on the Fundamentals

While the stock market has bounced back strong this year following a difficult 2011, investors still aren't exactly pouring into stocks. In fact, many continue to flat-out avoid equities.  View Full Article

The Globe and Mail, 4/17/2012

As Auto Sector Moves Into High Gear, a Few Stocks Stand Out

The industry's bleak outlook is now brightening, thanks in large parts to massive infusions of cash from governments in the United States and Canada, as well as vigorous restructuring.  View Full Article

Forbes, 4/4/2012

Buffett's Buy-And-Hope-It-Languishes Strategy

How do you become the richest investor in America? By rooting against your stocks-well, sometimes, at least.  View Full Article, 4/2/2012

Defensive Stocks to Help Protect From a Market Decline

Ever since the 2008 market collapse and financial crisis, many investors have been suffering from a fear of heights. Whenever the market goes on a nice upward run, they get fearful -- very fearful -- with the still-fresh scars of the '08 crash leading them to think that what goes up will certainly come down.  View Full Article

The Globe and Mail, 3/26/2012

Why Warren Buffett Sometimes Wants His Stocks to Sink

In his 2011 year-end letter to Berkshire Hathaway shareholders, Warren Buffett offered an insight into his investment approach that probably caught most readers by surprise: Sometimes, Mr. Buffett said, he actually roots for his investments to languish.  View Full Article, 3/19/2012

Finding Cinderellas in the Stock Market

March Madness is upon us and the big question on every college basketball fan's mind is, who will play Cinderella in this year's NCAA tournament?  View Full Article, 2/28/2012

Capital Goods Stocks for an Economic Rebound

Last summer, with the U.S. debt ceiling debate turning into a debacle, the European debt crisis lingering, and growth slowing, many believed the U.S. economy was headed for a big tumble.  View Full Article

Forbes, 2/24/2012

Go Against The Grain, Buy BP And AstraZeneca

After more than a dozen years of studying history's most successful investment strategies, one of the most important pieces of advice I can give you is this: Don't follow the crowd.  View Full Article

The Globe and Mail, 2/24/2012

You Need An Investing Mantra

For just a moment, forget about earnings reports and P/E ratios. Put aside cup-and-handle patterns and debt-to-GDP figures. Beyond all of the day-to-day noise, beyond all of the intricacies of the stock market, what do you really believe as an investor?  View Full Article, 2/3/2012

Finding Value in Mega-Caps

Over the past few years, a number of macroeconomic events -- ranging from the 2008 financial crisis to the Arab Spring uprisings in the Middle East to Europe's debt problems -- have led investors to load up on assets that offer (or at least are perceived to offer) safety.  View Full Article, 12/29/2011

Business Service Stocks for the Economic Recovery

Throughout the second half of 2011, many (if not most) pundits and prognosticators have been waiting for the European debt crisis to spread across the Atlantic Ocean and topple the U.S. economic recovery.  View Full Article

The Globe and Mail, 12/20/2011

There's More Than One Way To Measure the Market

I believe strongly in using cold, hard data when investing. The problem is that any single piece of data can lie. That's why it's so important to consider a variety of information. You might say that, when it comes to the numbers, there is safety in numbers.  View Full Article

The Globe and Mail, 12/13/2011

Holiday Season is a Great Time To Find Small-Cap Bargains

We're entering the holiday season, a time of year when bigger is often considered better, whether it be the size of the stack of presents under the Christmas tree, the amount of that end-of-year bonus cheque or the magnitude of this year's New Year's Eve party.  View Full Article, 12/12/2011

Gurus Bullish on Natural Resource Stocks

With the world population continuing to rise, global economies running for the most part on non-renewable resources, and central banks injecting huge sums of money into the financial system in recent years, some of the world's most successful investors have been bullish on natural resource-related stocks recently.  View Full Article

Forbes, 12/7/2011

What's The Best Sector For The Long Run?

Buy stock in companies that make things that people need: In today's fast-paced, hyper-focused investment world, it's advice that can seem rather quaint and antiquated.  View Full Article

The Globe and Mail, 11/21/2011

When a Crisis Hits, Wise Investors Don't Flee the Market

As the euro zone's slow-motion train wreck inches down the track and Congress bickers over how to tame Washington's debt problems, many investors have decided to flee the market.  View Full Article, 11/17/2011

Tech Stocks That Buffett Might Like

Warren Buffett caught the investment world's eye this week, revealing that his Berkshire Hathaway has been building a $10-billion-plus position in tech giant IBM over the past few quarters, as well as a smaller stake in fellow tech firm Intel Corp.  View Full Article

Forbes, 11/16/2011

Oil Industry Filled With Fear -- And Opportunities

When it comes to big oil and gas companies and their stocks, it's hard to look past the negatives.  View Full Article, 10/31/2011

Is It Time To Bet On The US Consumer?

This month, consumer confidence hit its lowest point since March 2009, according to the Conference Board. And that has led many pundits to speculate that the holiday shopping season will be a weak one, with fearful consumers tightening their wallets and businesses struggling to meet profit and sales goals.  View Full Article

The Globe and Mail, 10/30/2011

Now's The Time To Bet On Momentum

In most of my columns, I focus on the importance of finding value when examining stocks, whether it's by looking at share prices in relation to earnings or in comparison to some other yardstick of intrinsic value. I believe gurus like Warren Buffett and Peter Lynch have shown that buying shares of good companies on the cheap is a timeless formula for investment success.  View Full Article

Forbes, 10/18/2011

Buying The Farm With Peter Lynch And John Neff

The U.S. economic recovery continues to be a relatively slow one, with growth mild and unemployment remaining far higher than anyone would like. But amid the sluggish expansion, one area that has shone brightly is agriculture.  View Full Article, 9/23/2011

Five Service Stocks that Pass the Strategies of Market Legends

Over the past several decades, America has shifted consistently and dramatically toward being a service-dominated economy. Fifty years ago, 59% of U.S. private jobs came from the service sector, with 41% from the goods-producing sector; by 1981, the gap had grown to 67.8% for the service sector vs. 32.2% for the goods-producing sector; by 1991, it had shifted even further, with about 75% of U.S. jobs coming from service sector and 25% from the goods-producing sector.  View Full Article

The Globe and Mail, 9/15/2011

After the Storm, Look For These Stocks to Shine

Before Hurricane Irene swept onto the East Coast of the U.S. and began battering houses and trees and buildings, the powerful storm was already battering property and casualty insurers' stocks.  View Full Article, 9/12/2011

Stocks That Could Lead the Way As the Economy Improves

The European banking crisis, sluggish recent U.S. growth, a burgeoning deficit and national debt -- investors have had a lot troubling issues on their minds lately.  View Full Article

Forbes, 9/7/2011

Stocks That Should Be on Buffett's Radar

With Berkshire Hathaway's purchase of Lubrizol (LZ) earlier this year, Warren Buffett says his firm's acquisition gun isn't as heavy as it had been-but it still has plenty of bullets left, and he's ready and willing to pull the trigger.  View Full Article

The Globe and Mail, 8/28/2011

Stocks That Even the Credit Raters Like

Earlier this month, Standard & Poor's downgrade of U.S. debt caused a stir on Wall Street and in the political world. And that wasn't the only poor review that the credit rating agency handed out. S&P also downgraded the debt of a handful of major insurers, and issued negative outlooks on some others.  View Full Article

Forbes, 8/25/2011

5 Juicy Dividend Stocks Legendary Investors Would Love

In the days leading up to Standard & Poor's downgrade of U.S. debt this summer, some in the investment world were fearful that such an action would push the country further down a path toward a debt crisis, and perhaps even a default on some of its obligations.  View Full Article, 8/17/2011

Combining the Best of Growth and Value

Coke or Pepsi? Magic or Larry? The Beatles or the Stones? Life is full of such "either/or" questions. The investing world is no different, with perhaps the greatest being "growth, or value?" And, like most of those other debates, the growth or value question is misleading by its very nature, presupposing that you must embrace only one or the other -- not both.  View Full Article

The Globe and Mail, 8/14/2011

Heed Grantham's Warning About Resource Shortages

One key to good investing is knowing who to listen to. Myriad pundits appear on television or in print, but, sadly, many who attract attention are simply those who speak loudly or boldly -- not those who actually have good track records.  View Full Article, 7/28/2011

Companies that Have Done What Congress Won't

The U.S. debt ceiling talks are sputtering along, with the deadline for addressing the country's dwindling amount of available credit fast approaching and legislators bickering over how to address the problem. By all accounts, the process has been painfully slow, with both sides proving to be better at political posturing than at legitimate compromise.  View Full Article

The Globe and Mail, 7/25/2011

Small Companies Can Offer Big Returns

Since the explosion of the Internet nearly two decades ago, the nature of stock research has changed dramatically. Unlike the old days, when researchers and investors had to pore over stacks of newspapers and dog-ear pages of thick company reports, they can now get stock data almost instantaneously on financial websites, and download corporate reports in a matter of seconds.  View Full Article

The Globe and Mail, 7/12/2011

My Favorite Free-Cash-Flow Stars

Cash: It's the lifeblood of any business. That may seem obvious, but it's something that can easily be forgotten - just look at what happened to overleveraged, overextended companies during the financial crisis in 2008.  View Full Article, 7/5/2011

Want to Fight Inflation? Build a Moat

The Federal Reserve's second -- and perhaps final -- round of quantitative easing has ended, and some Congressional leaders continue to talk tough on deficit reduction. But make no mistake: The U.S. is still far from a state of conservative fiscal and monetary policy  View Full Article

The Globe and Mail, 6/21/2011

Bargains Abound in Beaten-Down Retail Stocks

Ever since the Great Recession rocked North America, a large cloud has been hovering over the retail sector. Amid fears that the consumer is tapped out, many analysts have been predicting a bleak future for retail companies - and their stocks.  View Full Article

Seeking Alpha, 6/21/2011

5 Lynch and Buffett-Style Defense Plays

With talk of deficits, debt ceilings and potential budget cuts dominating the U.S. political landscape in recent weeks, a good deal of fear and uncertainty has been swirling around stocks of companies that could be impacted if the government starts slashing its budget.  View Full Article

The Globe and Mail, 6/14/2011

Lower Expectations Make the Returns That Much Sweeter

It's summer blockbuster time for the movie industry, the time of year when throngs of people line up to see the latest big-budget, big-hype films. If you're like me, you've probably had the experience of going to one of these overhyped movies and walking away less than thrilled.  View Full Article

Forbes, 6/8/2011

Five Cash Cows From Buffett, Lynch And O'Shaughnessy

Ever since the financial crisis and "Great Recession," U.S. companies have been building up huge piles of cash-for S&P 500 companies, the figure is almost $1 trillion, to be exact.   View Full Article, 6/3/2011

The End of QE2: Will Blue Chips Feel Less Blue?

June is here, and with it will come a number of things that should make just about everyone happy: warmer weather, the end of school, and the official start of summer, to name just a few.  View Full Article

The Globe and Mail, 6/1/2011

Tech Giants that Still Offer Bang for Your Buck

If you're like most investors, "tech stock" probably brings to mind young, rapidly growing companies that make flashy, exciting products. And there was a time when most technology firms fit that description.  View Full Article

Forbes, 5/25/2011

Five Magic Formula Stocks for the Next Year

In today's increasingly global world, a seemingly endless array of variables go into the stock market's movements. On any given day, changes to monetary policy in China, an earnings announcement from Apple, European debt concerns, a drought in Australia, and protests in the Middle East can all push and pull the U.S. market in different directions.  View Full Article, 5/23/2011

Little Known Growth Strategy with Big Returns

Think "small growth stocks", and you probably think of flashy, exciting stocks that may generate high returns -- but not without a lot of risk and a lot of volatility. But it doesn't have to be that way  View Full Article

The Globe and Mail, 5/10/2011

The Stars Begin to Align For Natural Gas

Companies from around the world have been pushing into natural gas as they try to increase production of this promising source of energy. A string of deals this year, such as Encana Corp.'s quarter-billion-dollar (U.S.) joint venture with Northwest Natural Gas Co. and PetroChina's $5.4-billion investment in Encana's shale gas assets, has thrown a spotlight on natural gas's potential.  View Full Article, 5/9/2011

Five Under the Radar Consumer Picks From the Gurus

Despite concerns about skyrocketing gas prices, the U.S. consumer is continuing to prove remarkably resilient, according to the latest retail sales figures. According to Thomson Reuters, same-store sales at 25 major stores jumped an average of nearly 9% in April vs. the same month a year ago.  View Full Article

Forbes Magazine, 5/4/2011

Apples and Oranges (And Microsoft)

Hindsight can drive an investor nuts. Many, for example, have probably imagined where they would be today if they'd had the foresight (or good fortune) to snatch up shares of Microsoft or Apple back when the technology titans were just new kids on the block.  View Full Article

Seeking Alpha, 4/22/2011

Coca Cola: A True Buffett Stock

Coca-Cola Company (KO) is scheduled to report first-quarter earnings next week, and investors are sure to be keeping a close eye on the beverage giant and consumer bellwether's results. Did the turmoil in the Middle East, and its impact on gas prices, cause consumers to tighten their belts? Did the tragic tsunami and earthquake in Japan impact global Coke sales?  View Full Article

Forbes, 4/19/2011

Five Bargain-Priced Stocks to Buy

With stocks up some 90%+ since their March 2009 lows, a big question on investors' minds is whether the market has become overvalued. Depending on whom you ask, you can get all sorts of different answers.  View Full Article

The Globe and Mail, 4/13/2011

Putting the Dogs of the TSX Through Their Paces

Sometimes, dogs do indeed have their day. In fact, the Dogs of the Dow have had quite a few good days. From 1957 to 2003, the investment strategy returned about 14.3 per cent a year, easily outpacing the 11-per-cent annualized gain on the Dow Jones industrial average.  View Full Article, 4/4/2011

Finding Value in Telecom

The telecom sector got a big shakeup last week, with AT&T announcing that it will buy T-Mobile in a deal that would boost AT&T's subscribership to almost 130 million -- pushing it past Verizon as the U.S.'s largest wireless carrier.  View Full Article

Forbes, 3/28/2011

Natural Gas Stocks For a Changing Energy Landscape

While numerous questions remain about the fallout-both literal and figurative-of the nuclear reactor leaks in Japan, one thing seems certain: The tragic events are increasing anti-nuclear-power sentiment across the globe.  View Full Article, 3/16/2011

5 Heathcare Picks of the Gurus

For much of the two-year-plus stock market rally, the healthcare sector has been left far behind the rest of the market. From the March 9, 2009 low through Feb. 23 of this year, for example, the S&P 500 gained more than 93%; the Healthcare Select SPDR exchange-traded fund, meanwhile, gained less than half that -- just 46.3%.  View Full Article

The Globe and Mail, 3/15/2011

In Search of Stocks That Buffett Would Like

Warren Buffett believes in the U.S. economy - and he just spent $9-billion (U.S.) to prove it. His acquisition this week of Lubrizol Corp., an Ohio-based maker of industrial lubricants, reflects his bullishness on U.S. stocks, despite the country's current budget woes and high unemployment.  View Full Article

Forbes, 3/1/2011

How To Beat Inflation? Build A Buffett-Inspired Moat

As the U.S. government undertook more and more drastic measures to combat the financial crisis and Great Recession in 2008 and 2009, many top strategists - including the great Warren Buffett - said we'd put ourselves on a path to significant inflation.  View Full Article

MSN Money, 2/25/2011

Getting Defensive

Getting jittery? If you're like most investors, you probably are, thanks to all of the turmoil in the Middle East. Tunisia and Egypt were one thing, but now with Libya -- and its 1.5 million daily barrels of oil exports -- in chaos, investors are feeling the heat.  View Full Article

The Globe and Mail, 2/10/2011

Want a Winning Investment? Avoid Forecasts

Most investors believe you should invest in countries with high economic growth. Most also believe that forecasters can predict when that growth is going to occur. Both notions sound eminently reasonable - until you examine the evidence.  View Full Article

The Globe and Mail, 2/4/2011

The Sorry History of Bandwagon Investing

Since 2000, the S&P/TSX composite index has more than doubled, while the benchmark U.S. S&P 500 has only recently nudged back into positive territory. On top of that, the U.S. housing market - hurt much worse than Canada's in the recent recession - continues to struggle.  View Full Article, 1/25/2011

Big Returns From a Little Known Strategy

Living in a society that is obsessed with celebrity, it's important not to confuse fame with success. While many of the pundits you'll see on television or read on the Internet have attained celebrity status, few have attained the types of track records that merit that status -- or your attention.  View Full Article

Forbes, 12/31/2010

Four Legendary Investor-Inspired Stocks To Play The Food Price Surge

Wheat-harming rain in Australia, crop-damaging drought in Russia, a buying binge from China to help stem inflation-a variety of factors have been pushing agricultural commodity prices sharply higher in recent months, and it looks like the trend may well continue in 2011.  View Full Article

The Globe and Mail, 12/31/2010

How to Get Past the Biases That May be Ruining Your Portfolio

Even oracles make mistakes. At least, they do in the investment world. And sometimes they're big ones. Take Warren Buffett. The billionaire known as the Oracle of Omaha recently said his biggest mistake was one that by his estimate has cost him $200-billion (U.S.).   View Full Article

The Globe and Mail, 12/22/2010

Hot Gifts Can Make Even Hotter Stock Buys

In an investment world filled with high-frequency trading, instantaneous stock quotes, and charting patterns, it's important not to lose sight of a key fact: Behind every stock there is a company, a company that must offer desirable products in order to survive and thrive.  View Full Article

MSN Money, 12/17/2010

Industrious Industrials for the Gurus

As the U.S.'s recovery from the "Great Recession" has progressed, one big driver of the turnaround has been the industrial and manufacturing arena. Industrial production rose in November by 0.4%, according to a new Federal Reserve report, marking the 15th time in 17 months that production has increased.  View Full Article

Forbes, 12/13/2010

5 Dividend Dynamos, With Or Without The Tax Break

The tax compromise reached between President Obama and Congressional Republicans has a number of key provisions, but one that should be of particular interest to investors is the extension of the cap on stock dividend taxes.  View Full Article

The Globe and Mail, 12/9/2010

Small caps that may reap the benefits of the 'January Effect'

While fundamentals drive stock returns over the long haul, other factors can push stocks higher or lower in the short term. Economic cycles, political events, even weather patterns - all of these and more can have a temporary effect. In most cases, however, these forces are extremely hard to predict.  View Full Article, 12/3/2010

Growth or Value? How About Both?

Are you a value investor, or a growth investor? In my dozen-plus years of studying history's most successful investment strategies, one of the biggest lessons I've learned is that you can -- and should -- be both.  View Full Article, 11/10/2010

Four Small-Caps That the Gurus Would Love

In recent months, several top strategists have been saying that large-cap stocks are offering exceptional bargains. Having substantially lagged their smaller peers for years -- the S&P 600 small-cap index has returned more than 7% annually over the past decade vs. 0.46% for the S&P 500 -- large-caps are now much cheaper than small stocks, investing gurus like Donald Yacktman and Barton Biggs have said.  View Full Article

Forbes, 11/10/2010

Three Financials Buffett And Combs Would Buy

In a single day in late October, Todd Combs went from fund-management obscurity to one of the most talked-about investors in the world. That's what happens when Warren Buffett hires you to manage a significant portion of his firm's portfolio-and, many believe, to become Buffett's eventual successor at Berkshire Hathaway.  View Full Article

The Globe and Mail, 11/8/2010

Finding Buffett-Worthy Values in Canada

Earlier this fall, Warren Buffett visited China to check on BYD Company, the electric car and battery maker in which Mr. Buffett's Berkshire Hathaway has a 10-percent stake. And while there, he said that China's size and strong growth make the country a "logical" place for Berkshire to put more money to work.  View Full Article

Forbes, 10/27/2010

Hungry For Growth? Try Some PIIGS Instead

"Go where the growth is"-that's the advice many pundits have been offering lately, and many investors are taking it.  View Full Article

MSN Money, 10/22/2010

4 Stocks Riding a Sales Wave

While many companies continue to post strong third-quarter profits, much of the earnings season talk has centered on concerns about the "top line" -- that is, revenue growth.  View Full Article

Forbes, 10/13/2010

China Picks Buffett Might Like

During his recent trip to China, Warren Buffett quashed rumors that he'd soured on his big investment in Chinese electric car-maker BYD - and he indicated that he's on the prowl for more investments in the rapidly growing Asian power.  View Full Article, 10/9/2010

Finding Stocks Using the Principles of Peter Lynch

"Buy what you know" -- it's one of the terms you'll often hear associated with the investment strategy of the great Peter Lynch. The former Fidelity manager, who posted a remarkable 29.2% average annual return during his 13-year tenure at the Magellan fund, believed one way to find good investment ideas is to focus on companies you deal with personally -- and like.  View Full Article

The Globe and Mail, 9/29/2010

Overlooked Value Stocks Are Your Best Bet

High-flying technology firms, trendy retailers pitching the latest "must-have" products, companies from the fastest-growing emerging markets - as an investor, it's easy to be drawn to the stocks of "glamour" businesses like these.  View Full Article

Forbes, 9/28/2010

Global Value Stocks Buffett, Lynch and Graham Would Like

In the past few weeks, the market has bounced back nicely, and individual investors collectively appear to be as optimistic on stocks as they've been in a long time. In fact, in the two most recent weeks, 50.9% and 45.0% of respondents in the American Association of Individual Investors Sentiment Survey have reported being bullish on stocks in the coming six months-the highest back-to-back readings in more than a year.  View Full Article

The Globe and Mail, 9/17/2010

A Recession to Top All Recessions? History Says No

It's now been about a year since the U.S. economy turned upward, and investors are wishing the recovery was going more smoothly. Economic growth isn't quite as strong as it was earlier this year, unemployment remains stubbornly high, and stocks have been in a correction for the past four-and-a-half months. All that, many say, is proof the recovery is about to give way to another bear market.  View Full Article, 9/16/2010

Stuck in the Middle

To most investors, the name Thyra Zerhusen probably doesn't ring any bells. It should. While she doesn't get nearly the attention that some other star fund managers get, Zerhusen has quietly compiled an impeccable track record while heading the Aston/Optimum Mid-Cap Equity fund since 1994.  View Full Article

Forbes, 9/10/2010

Getting Down And Dirty With The Dow

A key part of my investment philosophy is that you don't need to reinvent the wheel to make money in the stock market. That's why I developed my Guru Strategies (each of which is based on the approach of a different investing great), and it's why I keep an eye on what the market's most successful minds are saying about stocks.  View Full Article

Seeking Alpha, 9/3/2010

Backed by the Big Boys

It's no secret that individual investors have been taking big chunks of money out of stocks since the market turned downward in late April -- according to the Investment Company Institute, investors removed a net of more than $46 billion from U.S. equity mutual funds from the beginning of May through mid-August.  View Full Article

The Globe and Mail, 9/2/2010

The Double-Dip Overhype - For Some, at Least

The U.S. economic recovery has slowed a bit in recent months, sparking new fears of a double-dip recession. I think the double-dip fears are probably a bit overhyped. While the pace of the recovery hasn't been as rapid as it was in the second half of 2009 or the first quarter of 2010, several key areas of the economy - including the industrial and manufacturing sectors - are still growing at a solid pace.  View Full Article

Forbes, 8/24/2010

Gurus' Guide To South American Super Stocks

While concerns abound about the rate of growth in the U.S., economies in other parts of the world continue to hum along quite nicely. One of the best examples: Brazil.  View Full Article

The Globe and Mail, 8/18/2010

Scoring with the Accountant's View on Stocks

In the dozen-plus years I've spent researching history's greatest investment minds, one of the things that has struck me is that stock market masters come in all shapes and sizes. Some, like Martin Zweig, live extravagantly. Mr. Zweig once bought the most expensive apartment in New York City, and has a penchant for buying rare - and pricey - pop culture memorabilia.  View Full Article, 8/5/2010

Zweig Approach Takes a Bite Out Of Apple

Over the past two years, the stock market has been driven largely by macroeconomic factors. That's not surprising, given just how powerful the economic winds have been. In late 2008 and early 2009, we experienced one of the worst financial crises in the country's history as the credit and housing bubbles burst. Then, the U.S. and other governments around the world sent an unprecedented wave of stimulus around the globe, helping to stabilize and jumpstart the stalled economy.  View Full Article

Forbes, 8/2/2010

Buffett Driving Cadillacs

In the world of the stock market, a Cadillac is now cheaper than a compact-size Chevy. That's what veteran value fund manager Ron Muhlenkamp, whose Muhlenkamp fund has beaten the market by more than 4 percentage points per year over the past decade, says. Cadillacs-big, high-quality, financially sound companies-are trading at much better valuations than the smaller, lower-quality "Chevys" of the investment world, he recently told Morningstar-something that he says is quite unusual, given that the "Cadillacs" usually sell at premium prices.  View Full Article

The Globe and Mail, 7/28/2010

Picking Winners With 'Enduring Moats'

When I began studying the strategies of history's greatest investors more than a dozen years ago, one thing that struck me was how much these gurus relied on "the numbers." Investors such as Warren Buffett, Peter Lynch, and Benjamin Graham focused their analyses not on hunch-playing, macroeconomic factors, or some sort of investing "sixth sense." Instead, they keyed in on the numbers on a company's balance sheet and in its stock's fundamentals - numbers such as debt levels, returns on equity, and a variety of valuation metrics.  View Full Article

The Globe and Mail, 7/7/2010

Unloved and Overlooked: Here's to Small-Cap Value Stocks

I'm not a big believer in "style-box" investing - that is, the practice of dividing up your portfolio into pre-determined portions of certain types of stocks, such as large-cap value or mid-cap growth. To me, the best approach for individual investors is to look for the best values in the market, wherever they may be.  View Full Article

Morningstar, 6/29/2010

The Buyback Comeback

While the U.S. government's balance sheet has been getting the lion's share of the attention lately, there's another American balance sheet that deserves investors' attention: Corporate America's.  View Full Article

The Globe and Mail, 6/27/2010

Many Gurus, One Lesson: Beware the Dangers of Debt

There are a myriad of lessons investors can take away from the financial crisis of 2008, but the greatest of them may be this: Excessive leverage is an incredibly dangerous thing. U.S. corporations, institutions, and individuals spent years borrowing more than they could afford, and in '08 it caught up to them in a very painful way.  View Full Article

Forbes, 6/18/2010

Gurus Like Pfizer and Other Dividend Gushers

There was a time when dividends were king in the stock market. In fact, it wasn't all that long ago that dividends played a much larger role than they have in recent years. From 1975 through 1989, dividend yield was close to 5% for U.S. stocks, according to a recent study by MSCI Barra.  View Full Article

Morningstar, 6/16/2010

Cash-Rich U.S. Firms for the Gurus

We've all heard the reasons to be fearful of stocks right now -- potential spillover from the European debt crisis, questions about the housing recovery's sustainability, a burgeoning national debt and budget deficits. All of those (and more) have been highlighted pretty extensively in the media.  View Full Article

Forbes, 6/14/2010

Buffett, Lynch and Graham Like The Schmata Biz

In the wake of the financial crisis of 2008, a familiar refrain echoed throughout economic discussions: The U.S. consumer is dead, the pundits said, and his and her demise means the economy has one foot in its own grave.  View Full Article

The Globe and Mail, 6/7/2010

Good Stocks Are a Lot Like Bobby Orr

With the National Hockey League playoffs coming to a climax, it's the time of year that brings to mind history's greatest Stanley Cup moments. To be sure, it's debatable which of those great moments is, in fact, the greatest. But one that has to be in the running is Bobby Orr's 1970 Cup-clinching goal - a moment the Boston Bruins recently immortalized with the unveiling of a bronze statue of the Hall of Famer, mid-flight in the famous celebratory leap he made after scoring his historic goal.  View Full Article

The Globe and Mail, 6/1/2010

Buffett's Past Words Are Eerily Apropos Now

Any time Warren Buffett's Berkshire Hathaway releases its latest list of quarterly holdings, the media will set out to dissect every one of Berkshire's moves to try to glean some insight into what the company - and, by extension, the world's most famous investor - is doing.  View Full Article

Forbes, 5/26/2010

Five Cash-Rich Buys For Lynch, Buffett And Fisher

While there was much pain in the financial crisis that shook the economy and markets in 2008 and early 2009, there was at least one silver lining amid the troubles. As fear spread like wildfire through the financial world, businesses got leaner and more efficient, wanting to stay as liquid and flexible as possible. And when financial Armageddon did not occur, many companies were left awash in cash.  View Full Article

Forbes Magazine, 5/20/2010

How to Spot a True Value

Oliver Stone's long-awaited Wall Street sequel is set to hit theaters later this year, with Michael Douglas reprising one of the great film characters of the 1980s--corporate raider Gordon Gekko

Gekko, who so famously proclaimed, "Greed is good," is still probably who comes to mind when you picture a big-time stock market player: connected, impeccably dressed and more than willing to step on the little guy to get what he wants. But in reality many of history's best investment minds bear little resemblance to Gekko. Benjamin Graham is a good example. Another worth mentioning is Joseph Piotroski, who is more like one of the little guys than like Gekko.  View Full Article

Morningstar, 5/13/2010

The Gurus Go Bargain Hunting in Europe

Greece's debt woes and their spillover into other parts of Europe have been bad news for the Euro, and they will surely have long-term economic repercussions for both Greece and the European Union.  View Full Article, 5/4/2010

Gurus Search for Large-Cap Bargains

GMO's Jeremy Grantham, the longtime bear who in late 2008 and early 2009 said stocks had become cheap for the first time in more than two decades, is sounding gloomy again. In his latest quarterly letter, released last week, Grantham says he thinks U.S. stocks have blown past fair value and are now "very overpriced".  View Full Article

The Globe and Mail, 5/3/2010

The Wisdom, and Courage, to Not Follow the Crowd

In the dozen or so years that I've spent researching history's best investment strategies, one of the key things I've learned is that there's not just one way to beat the market. The investment gurus I've studied have used a variety of approaches to produce exceptional long-term returns, each employing a different set of variables and criteria to buy and sell stocks.  View Full Article

The Globe and Mail, 4/22/2010

Not even Buffett and Zweig are perfect

It's easy to think of history's greatest investors as nearly infallible strategists who rarely make mistakes. After all, if people like Warren Buffett and Peter Lynch and Martin Zweig have amassed hundreds of millions - and in some cases billions - of dollars, they must be correct the vast majority of the time. Right?  View Full Article

Morningstar, 4/15/2010

The Gurus Look for an Earnings Day Bounce

In his book Contrarian Investment Strategies: The Next Generation, David Dreman says that the stock market is driven by surprises, and that one of the greatest sources of surprises is earnings reports. Dreman found that analysts' estimates of companies' earnings are rarely on the mark, but that Wall Street nevertheless gives their forecasts a lot of credence. That means earnings reporting days often result in reassessments of a company's prospects--which can mean significant shifts in its stock price.  View Full Article

Forbes, 4/13/2010

Picking Chinese Stocks with Peter Lynch

Names shouldn't matter, and in a rational world they wouldn't. Hatfields and McCoys, Juliet's Capulets and Romeo's Montagues, even Red Sox fans and Yankees fans--all of them would judge each other on their merits, not their monikers. But while names shouldn't matter, they do when you live in a world of emotional, irrational human beings.  View Full Article, 4/2/2010

Analyzing Renaissance's Portfolio Using My Guru Models

One of the key parts of my investment approach is finding and learning from strategists who have proven long-term track records, something that can be hard to do in an investment world filled with unproven pundits and talking heads. And, when it comes to a long-term track record, few can match the one compiled by James Simons.  View Full Article

Forbes, 4/1/2010

Drinking With Buffett

After recently popping up as a guitar-wielding, long-haired, Axl-Rose-type rocker in Geico's latest commercial, Warren Buffett is doing what most rock stars might do--he's buying booze. Lots of it.  View Full Article

The Globe and Mail, 3/30/2010

Sniffing Out Winners in U.S. Healthcare

As the dust begins to settle after the U.S. adopted its landmark health-care legislation, investors are scrambling to determine which areas of the sector stand to benefit, and which could be harmed.  View Full Article

MSN Money, 3/19/2010

Two Stocks That Have Fisher and Greenblatt Approaches on Alert

The strategies I base on the writings of investment gurus Ken Fisher and Joel Greenblatt are in agreement on a couple intriguing plays right now  View Full Article

The Globe and Mail, 3/16/2010

Canada Giving Global Investors Best Bang for Buck

In recent years, one of the biggest developments in the investment world has been the internationalization of stock investing. The Internet and online trading platforms have made trading on foreign exchanges more convenient for investors than ever before.  View Full Article

Forbes, 3/9/2010

Gurus Go To Harvard

Selling stocks in the middle of a financial crisis and terrible bear market is never a good idea. But because the crisis of 2008 was one of liquidity, and stocks are a liquid asset, many colleges and universities ended up dumping significant portions of their stock portfolios to free up cash. Among them was the school with the largest endowment in the country, Harvard University, whose U.S.-traded stock holdings fell from almost $2.9 billion at the end of the third quarter of 2008 to just $566 million at the end of the fourth quarter, according to filings with the Securities and Exchange Commission.  View Full Article

The Globe and Mail, 3/2/2010

How to Shake Hands (Wisely) With China's Government

When the United States plunged into a financial crisis in late 2008, Pacific Investment Management Co. LLC bond guru Bill Gross advised investors to "shake hands with the government." That is, Mr. Gross advocated investing in companies that were getting major support, through bailouts or stimulus packages, from the government.  View Full Article

MSN Money, 3/2/2010

Five Key Takeaways from Buffett's Letter

Warren Buffett released his year-end 2009 letter to Berkshire Hathaway shareholders over the weekend, and, as usual, the Oracle of Omaha's comments are filled with a good deal of wit and candor -- where else could you hear a Fortune 500 CEO say he enjoys issuing new stock "about as much as we relish prepping for a colonoscopy"?  View Full Article

Forbes, 2/24/2010

Channeling Buffett And Bruce Berkowitz

In the decade-plus that I've been studying history's most successful investors, I've noticed some key similarities among the stock market's greatest gurus.  View Full Article, 2/17/2010

Tech Stocks that Could Make Even Buffett Think Twice

Throughout his incredibly successful investing career, Warren Buffett has made money investing in a number of different types of companies. He's found big winners in consumer products firms like Coca-Cola; financials like American Express; food-related companies such as Dairy Queen; insurers like GEICO; and many others.  View Full Article

The Globe and Mail, 2/8/2010

What Drives Stock Prices? It May Surprise You

Back on July 22, Morgan Stanley announced dreadful second-quarter 2009 results. Earnings per share were negative for the fourth straight quarter, and revenues were less than half of what they were a year earlier.

That same day, Apple posted glowing second-quarter results, with earnings jumping more than 60 percent and revenue rising almost 30 percent. In part because of those strong figures, Apple's stock went on to return 30.9 per cent in the next three months, about double the broader market's gains.  View Full Article, 2/1/2010

The Greenblatt Approach: Simple -- But Not Easy

Not long ago, the great Warren Buffett said in an interview that "investing is simple, but it's not easy". If that sounds confusing, all you need to do is look at the investing style of Joel Greenblatt to understand exactly what Buffett means.

Back in 2005, Greenblatt, a successful hedge fund manager, published The Little Book that Beats the Market, a small, concise book that shows how investors can produce market-beating returns using a formula that has two -- and only two -- variables.  View Full Article

The Globe and Mail, 1/19/2010

PSR: A Sales Sign That Shows Hidden Value

Intense fear at the time may have obscured the fact for many investors, but it's hard to argue that stocks weren't extremely cheap back at the end of March, 2009. U.S. equities were close to 50 per cent off their highs and selling at their lowest levels in more than a dozen years. Canadian stocks were at levels not seen since 2003. And on top of that, interest rates were at or near historic lows, making stocks even cheaper compared to bonds and fixed-income investments. Even well-known, long-time bears such as Jeremy Grantham and Steven Leuthold were calling equities cheap.  View Full Article

The Globe and Mail, 1/12/2010

Pass On Junk and Stock Up On Quality

With the major U.S. and Canadian indexes between 50 and 80 per cent above their March lows, a rising tide has lifted the vast majority of stock market ships in 2009 - though certain types of stocks have really ridden the wave.

One of those areas: so-called junk stocks - those that have the worst balance sheets and fundamentals. According to some analysis, the lowest-quality stocks (based on factors such as earnings history and debt level) have outperformed the highest-quality issues by a greater than two-to-one margin since March.  View Full Article

Forbes, 12/21/2009

Utilities Good Enough for Gurus and Bill Gross

The historically low, near-zero interest rates that the Federal Reserve has kept in effect for the past year or so have been a boon for companies and corporate profits as we emerge from the credit crisis of 2008. Those low rates have a dark side, of course: They've made money market accounts useless for those looking to growth their cash and they've also made it tough to find nice yields among investment grade corporate bonds.  View Full Article

The Globe and Mail, 12/17/2009

The Intricacies of Buy What You Know

The holiday gift-buying season is in full swing, with determined shoppers scouring stores and the Internet to try to find the hot-ticket toys and gizmos at the top of their loved ones' lists.

This annual race for the hottest gifts got me thinking about what Peter Lynch wrote in his classic book One Up on Wall Street.

Mr. Lynch - perhaps the greatest mutual fund manager of all-time - offered a tip that he said could give individual investors an advantage over the big guys: Invest in what you know.  View Full Article

Forbes, 12/4/2009

Be Like Buffett: Whip Inflation With Stocks

Just as it has been a good year for stocks, 2009 has also been a solid year for commodities. Since mid-February, oil prices have more than doubled, and in more recent months gold and silver have surged.

A big reason for the bullish run in commodities has, of course, been the anticipation of inflation. With the government deficit skyrocketing, notable investors including hedge fund guru John Paulson and the great Warren Buffett have said they see major inflation on the horizon.  View Full Article

Disclaimer |  Privacy Statement |  Contact Us |  About Us Fundamental data provided by Reuters

The names of individuals (i.e., the 'gurus') appearing in this report are for identification purposes of his methodology only, as derived by from published sources, and are not intended to suggest or imply any affiliation with or endorsement or even agreement with this report personally by such gurus, or any knowledge or approval by such persons of the content of this report. All trademarks, service marks and tradenames appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

Validea is not registered as a securities broker-dealer or investment advisor either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. Validea is not responsible for trades executed by users of this site based on the information included herein. The information presented on this website does not represent a recommendation to buy or sell stocks or any financial instrument nor is it intended as an endorsement of any security or investment. The information on this website is generic by nature and is not personalized to the specific situation of any individual. The user therefore bears complete responsibility for their own investment research and should seek the advice of a qualified investment professional prior to making any investment decisions.

Performance results are based on model portfolios and do not reflect actual trading. Returns for both the model portfolios and the comparable benchmarkss do not include dividends. Actual performance will vary based on a variety of factors, including market conditions and trading costs. Past performance is not necessarily indicative of future results. Individual stocks mentioned throughout this web site may be holdings in the managed portfolios of Validea Capital Management, a separate asset management firm founded by founder John Reese. Validea Capital Management, which is a separate legal entity and an SEC registered investment advisory firm, uses, in part, the strategies on the web site to select stocks for its clients.