Word: stockely
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Majcher says his fund's strategy is to seek out stocks that are wrongly considered risky or overvalued. "We screen for and invest in securities that are misunderstood," he says. "We'll tend to have stocks that look like they have poor characteristics, but when you dig a lot 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...
...positive side, S&P named the Pin Oak Aggressive Stock fund as an example of a fund that performed strongly in 2009 and remains a good bet for 2010. The fund is up 71% so far in 2009 and "scored positively on S&P Fair Value and for its low-cost factors-components in the S&P 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...
Read a Q&A with Tom Forester, 2008's No. 1 stock picker...
...when we tell people something is free, “[we’re] essentially telling them that it’s worthless.” I guess he would say Kid A is superior. I’m pretty sure we don’t have that in stock at Borders though...
...preview of HUTV’s entire fall line up kicked off last night at 7 p.m.in the Fong Auditorum, complete with Noch's pizza and 18 pints of Berryline. Audience members battled to stock up on refreshments before filling the seats and settling in for an hour of HUTV...