…type of unpopular stocks whose book values (total assets minus total liabilities) were high compared to the value investors ascribed to them (their share price multiplied by their number of…
Search Results for: value
Nygren: Don't Avoid Stocks
…are growing per share value at least as rapidly as the market is.” And when it comes to management, he looks for teams that are “incentivized to maximize long-term per…
Herro: Stocks Still Cheap
…most downturns, his portfolios’ prices fall to about 50% of their underlying values. In the recent downturn, they fell to about 35%, he says, and after the recent rally, they’re…
What Really Drives Stock Gains?
…here for an HTML version; click here for a PDF version), Barra traces stock market returns to a handful of sources: inflation, dividend income, real book value growth, and price-to-book…
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…
What Works in Year Two of a Bull?
…and the market is “much friendlier to trend-following and high-yield strategies than to value,” O’Shaughnessy writes. “Momentum, dividend yield and shareholder yield have shown very strong performance relative to the…
Miller Optimistic on 2010 -- if Policy Makers Don't Falter
Value manager Bill Miller says that 2010 will be another good year for stocks, but that investors need to be very careful of ways that government actions could impact their…
What an Inefficient Market Means for Investors
…the stock market may give the most accurate estimate of a stock’s value based on the available information, that doesn’t mean its estimates are right. The reason, he says, involves…
The Zweig Model: A Conservative Growth Approach
…market — you can do so by taking numerous approaches. So while most of my strategies are either value oriented or a blend of value and growth, you can definitely…
Leuthold Sees Stocks Rising -- and then Falling -- in 2010
…and his team use a five-year, “normalized” P/E ratio of the S&P 500 to gauge value. That’s because earnings are cyclical in nature. “Near the bottom of an economic contraction,…