Word: market
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...domestic equity funds that at least doubled the market's return, only 12% are ranked as S&P five-star funds. In fact, 19% are now ranked with a one- or two-star rating, effectively placing them in the bottom half of funds on overall attractiveness. "These funds have relatively weak fundamentals that contribute negatively to the ranking," S&P's analysts note in their report. The reasons cited for such low star rankings: many own overvalued or risky stocks, have managers with short tenures, have high costs or offer poor long-term performance...
...deeper, they don't." He said many of these companies have "temporary issues" that will go away and lead to higher stock performance. His portfolio trades at less than 10 times earnings, which is not overvalued, Majcher contends. "The portolio trades at less than 10 times earnings and the market trades significantly higher than that - usually 14 or 15 times...
...fund ranking." The fund's portfolio manager, Mark Oelschlager, says his fund always seeks out stocks based on valuation and long-term investment. His fund started moving into cyclical stocks and increasing risk late last year at a time when "fear was rampant" in the market because "it was mispriced," he says. "We pay a lot of attention to valuation," adds Oelschlager. "This paid off this year and we think it will pay off next year as well...
...animals had ever experienced. The population soon swelled as pregnant females delivered more than 100 puppies. The exact location of this St. Louis - area haven remained a well-guarded secret, however, because some of those puppies and dogs can be worth more than $5,000 each on the black market. (See a video of the rescued pit bulls...
...Applying cutting-edge science, TIME set out to determine which manufacturer's chocolates boast the brightest commercial prospects and the greatest potential for in-mouth mash-ups. Handpicked and blindfolded, our tasters came from countries representing a third of the global chocolate market. The group of six was also split evenly between men and women and between the U.S. and the U.K. (One of the male tasters boasts dual nationality but was deemed British by virtue of his having eaten most of his chocolate here...