Picks From Tom Forester, A Manager Who Made a Profit in 2008

Forbes briefly profiles the stock picks of Tom Forester, the fund manager who achieved a slight gain in 2008 when the S&P 500 plunged 37%. Forbes reports that he identifies the natural gas pipeline provider Spectra Energy Partners as a “green light” because it “has little exposure to commodity prices” and a 7% dividend yield. […]

Forester: More than Meets the Eye in Housing

Fund manager Tom Forester, who was the only equity fund manager to make money in 2008 when the housing and financial crises rocked markets, says issues still lurk beneath the surface of the rebounding housing market. While foreclosures and delinquencies have declined quite a bit, Forester tells Investor’s Business Daily that many foreclosed homes have […]

Forester Worried Tapering Will Lead To Sell-Off

Tom Forester, whose fund was the lone equity mutual fund not to lose money in 2008, says the unwinding of the Federal Reserve’s quantitative easing policies could be a catalyst for a stock market downturn. Forester tells 4-traders.com that the Fed’s asset-purchasing plans have had unintended consequences, “one of these being that you’ve got kind […]

Forester Cautious and Defensive

Fund manager Tom Forester released his third quarter commentary earlier this month, and his message was one of caution. “As risks have increased, we have increased our protection,” Forester wrote. “If risks subside or are priced in, we will gladly reduce our protection. But until the market more fully reflects these risks, we will remain […]

Top International Managers Staying Defensive

Two international mutual fund managers with stellar long-term track records, Tom Forester and Robert Wyckoff Jr., have been continuing to beat the market recently using defensive approaches.  Forester has outperformed other funds in his category recently by sticking with several consumer staples stocks, including spirit-maker Diageo, according to The New York Times. Wyckoff’s fund, meanwhile, […]

Forester Defensive But Still Finding Value

Tom Forester, who has a stellar long-term track record and headed the only long-oriented stock fund to post a positive return in 2008, is again playing defense. But that doesn’t mean he’s shunning stocks — Forester still has about 80% of his fund in stocks. “If you just stay in money markets, you might miss […]

Forester Sees a Return to High Quality

Top value fund manager Tom Forester says the market has begun shifting away from junk-type stocks and back toward quality, and he thinks the end of the Federal Reserve’s quantitative easing program is part of why that trend will continue for several quarters. “The pendulum is swinging back toward quality. Since early 2009, low quality […]

Forester Looks for Downside Protection

Top value investor Tom Forester, who was the lone equity fund manager to post positive returns in 2008, is worried about the U.S. and global economies and is thus keying on high-quality stocks that can weather tough times. “The U.S. is running out of room to run deficits or print money,” Forester said at the […]

Forester Sees “Yellow” Light for Market

Fund manager Tom Forester says he sees the market flashing a “yellow light” rather than a green or red one, and he’s focused on healthcare and consumer staple stocks. “Our cash position is around 18%, which for us is cautious, but not extremely so,” Forester tells Morningstar.com. “It is a yellow light instead of a […]

Forester’s “Perfect” Stocks for 2011

Tom Forester, whose Forester Value fund has an exceptional long-term track record, recently offered his “five perfect stocks for 2011”. “Time will tell just how close to perfection his picks are,” writes MoneyWatch’s Conrad DeAenlle, “but Forester … offers an interesting list of companies that are hiding in plain sight — mostly household names whose […]

Forester on Opportunities in a Range-Bound Market

Tom Forester, the lone stock fund manager to post positive returns in 2008, sees a range-bound market ahead that will offer opportunities for value investors. In an interview with Barron’s, Forester says it will be difficult for the economy to sustain strong growth. “The impact of the stimulus package is winding down, and home prices […]

Berkowitz, Grantham, Other Gurus Offer Top Picks

Fortune magazine is running a special issue this month on how to “Retire Rich”, and one particularly interesting piece involves 25 stock picks from 25 investors with strong track records, including Bruce Berkowitz, Jeremy Grantham, and David Herro. Here’s a sampling of some of these gurus’ top picks: Chuck Akre: Akre, who now runs his […]

Forester Sees Problems Ahead

Tom Forester, whose Forester Value fund was the lone long-only mutual fund to make money in 2008, says he thinks the market has gotten pricey and sees more trouble on the horizon for banks. “The markets are trading at about 20 times earnings. Historically, the average is about 14. So things are looking pretty rich […]

Forester on Tech Stocks, Financials

Tom Forester of the Forester Value fund says he’s still finding value in the market after the big run-up, and one area he’s focused on is technology. In an interview with CNBC, Forester says he likes value tech stocks, citing Microsoft and HP as companies that look attractive. “We think in almost any kind of […]

Don’t Fear Healthcare Stocks, Forester Says

While many investors are afraid of healthcare stocks right now because of the possibility of major industry reforms, the lone diversified stock fund manager to make money in 2008 is bullish on the sector. Tom Forester of the Forester Value fund says he thinks much of the potential bad news is already priced into healthcare […]

Forester Trims Back, But Optimistic on Q3 Earnings

Tom Forester, whose Forester Value Fund was the lone diversified stock fund to make money in 2008, is taking profits on some of his 2009 winners, but thinks third-quarter earnings season should be pretty solid because of the government’s massive stimulus efforts. According to Investment News, Forester — whose fund is lagging the S&P this […]

Forester Says We’ve Seen the Bottom

Tom Forester, whose Forester Value was the only stock mutual fund to end 2008 in the black, says he believes the market has bottomed, but that stocks are now in a trading range. “I do think it has bottomed,” Forester tells the Nightly Business Report. “But I also think we’re in a trading range. We […]

Forester Sounding Bullish

Tom Forester — whose Forester Value Fund was the lone stock fund to make money in 2008 — tells MarketWatch that he’s now only holding a small portion of his portfolio in cash, has dropped his hedge positions, and sees more upside than downside in the market for the next three to five years. “It […]

Five Top Managers Are Buying — Cautiously

Noticing a trend that we’ve picked up on in recent weeks, Fortune notes that several extreme value investors have begun to see good, safe buys in the current market. In an interview with the magazine, top fund managers Robert Rodriguez, Susan Byrne, Jeremy Grantham, Tom Forester, and Leslie Christian all tell Fortune that they’re seeing […]