Piotroski-Style Bargains at Home, and North of the Border

In a “Number Cruncher” column for Canada’s Globe and Mail, Ian McGugan takes a look at some overlooked bargain-priced stocks using Validea.com’s Joseph Piotroski-inspired strategy.  “Piotroski, a professor at Stanford University, has discovered that applying a battery of accounting tests to a portfolio of value stocks can improve returns by eliminating ones that are financially […]

Study: Investors Aren’t Really Fleeing Stocks

One widely held belief about the stock market involves the notion that individual investors have been fleeing stocks like the plague recently. But according to a new report from Vanguard Group, that’s not the case, Jason Zweig reports on The Wall Street Journal’s Total Return blog.  Vanguard takes an annual survey of 3 million-plus Americans […]

Winters: “Things Will Get Better”

David Winters, whose fund is in the top 7% of funds in its class over the past five years, according to Morningstar, says “things will get better” in the U.S., and he’s finding several bargains in the stock market. “Selective stocks are very cheap,” Winters tells Bloomberg. He says that after a recent trip to […]

Bet Against Beta Like Buffett

According to a new study, Warren Buffett has been able to produce exceptional stock market returns over the long haul not because of value investing, but instead by focusing on “boring” stocks, MSN Money’s Michael Brush writes. The study, performed by Andrea Frazzini and Lasse H. Pedersen, found that “to do better in the market, […]

Europe Won’t Derail U.S. Market, Paulsen Says

Wells Capital Management’s James Paulsen says Europe’s woes will create volatility for the U.S. market, but won’t derail it. Paulsen tells Bloomberg that the sensitivity of financial markets to the Europe debt news is “decaying”. He says he thinks the U.S. market will be driven more by what’s happening in the emerging market world and […]

Shiller Talks Housing, Psychology

Housing guru Robert Shiller says the latest home price data is good news, and he expects prices to continue to rise through the summer months. Shiller tells FOX Business Network that he’s not sure what will happen beyond the summer, however, and that he is concerned that the worst isn’t over for housing. He talks […]

Hawkins and Romick Talk Europe, Rates, and Margins

While many investors are fleeing the continent, some top fund managers are finding value in Europe. At the 2012 Morningstar Investment Conference, Longleaf Partners’ O. Mason Hawkins said that P/E ratios in Europe seem very low, particularly when the low-interest-rate environment is factored in, according to Morningstar. FPA’s Steven Romick, meanwhile, says it seems investors […]

Doll: Stocks Generally Cheap, But Be Picky

Bob Doll says he thinks stocks are cheap right now, and that some pretty bad scenarios are already baked into their prices. Doll tells CNBC that his target for year-end for the S&P 500 remains 1,350, and that investors need to be “very picky” regarding the price they pay for their stocks in the current environment.

O’Shaughnessy Finding Value in Europe, Stresses Discipline

While the financial headlines have been dominated by day-to-day fears recently, James O’Shaughnessy says that making investment decisions based on short-term factors is a very dangerous game. “All of the available research demonstrates that reacting to short-term conditions is the worst way for a long-term investor to act,” O’Shaughnessy writes in commentary on his firm’s […]

Herro on Why He’s Not Afraid of Europe

In a wide-ranging interview with Fortune, top fund manager David Herro talks about why he’s loaded up on European financial stocks, and offers some interesting insights about his longer-term investment approach. “Eventually they’re going to get these problems solved,” Herro says of Europe. “If you look at the economic history of the world, problems come […]

Bogle: Stand Pat Amid Downgrades

Vanguard founder Jack Bogle says that investors shouldn’t overreact to the news about Moody’s downgrading 15 banks and financial firms, and says Thursday’s big down day for the market was a great day for buyers and a bad day for sellers. Bogle tells CNBC that most investors should stand pat and stick to their long-term […]

Romick on the Fed’s Dangerous Game

Top fund manager Steven Romick says the Federal Reserve’s “grand experiment” of propping up asset values will have “severe ramifications” for investors. Romick tells Morningstar that the Fed is trying to manage risk assets too much, and has simply transferred private debt to public debt. Romick says Treasury bonds are “one of the worst investments […]

Arnott Likes EMs Over U.S. — For Stocks And Gov’t Bonds

Fundamental indexing guru Rob Arnott says U.S. stocks aren’t cheap, and thinks emerging market equities are offering much more value. “U.S. stocks are actually pretty expensive today, and here’s why,” Arnott recently told Fortune. “Earnings regularly swing above or below trend by a wide margin. Wall Street is brilliant at taking peak earnings and predicting […]

Mobius Talks Emerging Markets

Templeton Asset Management’s Mark Mobius says emerging market stocks are in a “sweet spot” valuation-wise. Mobius tells Bloomberg that on average EM stocks are trading for just 10 times earnings, a very low figure when compared to historical norms. He says he’s particularly high on equities in China, Russia, Turkey, and Thailand, and African frontier […]

Contrarian Picks for the Gurus

In his latest Nasdaq.com column, Validea CEO John Reese looks at some stocks that have been hit hard in the market’s recent downturn, and which now look like bargains.  Reese talks about how top value investors like Whitney Tilson and Warren Buffett use downturns as opportunities to add to their favorite picks — not reason […]

PIMCO on Why Inflation Will Rear Its Head

Top fund manager Mihir Worah of PIMCO says not to be lulled into complacency by the low inflation we’ve seen in recent years. “We expect global inflation over the next three to five years — or even the next five to 10 years — to be higher than it has been over the last 20 […]

Sonders Still Keen on Tech Sector

Charles Schwab Chief Investment Strategist Liz Ann Sonders says the recent correction has improved sentiment conditions in the market, which could help support the market if more bad news hits. Sonders tells Bloomberg that the only sector Schwab has an overweight rating on right now is technology. She adds that Schwab is underweighting utilities.

Keeping Perspective Amid the Euro Hype

In his bi-weekly Hot List newsletter, Validea CEO John Reese offers his take on the markets and investment strategy. In the latest issue, John looks at the European debt crisis and its impact on long-term strategy.  Excerpted from the June 8, 2012 issue of the Validea Hot List newsletter Keeping Perspective For the past several weeks, […]

Could Yields Stay Ultra-Low Well Past 2014?

Many investors have been operating under the belief that interest rates will rise in a year or two, with investors demanding higher yields and more financial accountability from lawmakers. But The Wall Street Journal’s Jason Zweig says that may not be the case. In his Intelligent Investor column, Zweig discusses some of the reasons why […]

Contrarian Plays in the Oil Industry

In his RealMoney column, Validea CEO John Reese recently took a contrarian look at oil stocks. “Oil at the moment is on a slippery slope. Prices are at their lowest in months. In fact, they are dropping during the time of year they typically rise due to higher demand in the summer months,” Reese writes, […]

Sonders on China, Growth, and The Fed

Charles Schwab Chief Investment Strategist Liz Ann Sonders says she expects stocks of U.S. companies that do more of their business domestically rather than overseas should continue to outperform in the short term amid concerns about growth in places like China. But she also tells Bloomberg that she wouldn’t get too defensive, because countries like […]

Oberweis: Insider Buying a Helpful Tool

In his latest column for Forbes, newsletter guru Jim Oberweis says that keeping an eye on whether company insiders are buying shares of their firm can help guide you to winning stocks. “Officers and directors know virtually everything that can be known about their business,” Oberweis writes. “They see sales trends, know the development pipeline […]

Dividend Data Points to Market Being Undervalued

MarketWatch’s Mark Hulbert says that the stock market is “closer to undervalued” than overvalued, and that the market is “poised to produce above-average returns over the next couple of years.” Using data from Investment Quality Trends, Hulbert looked at stocks of some of the “highest quality and most profitable companies, as defined by criteria such […]