P/E ratios near lows: time to buy or wait?
Amazon had has become the world’s most successful retailer but the contrast leads me to recommend selling Amazon and buying Apple
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Looking a few months ahead.
Western Asset Global Corporate (GDO-$19), my newest pick, yields 8.3% paid monthly
Discipline, not omens
September is historically weak in stock market history and October always revives memories of crashes in 1987 and 1929 but investors will do better if they try to resist the siren calls of these invitations to market timing, recalling the long-range record of stocks of 10.9% annually over 30-year periods.
Season’s End
That will benefit more aggressive bond funds and mortgage trusts like Franklin Templeton Limited Duration Trust (FTF-$13) and Annaly Mortgage (NLY-$18).
Fundamental Principles
Our economy rewards those who can detect the mispricing of securities with sums reaching into the billions
Storm clouds clearing, time to resume boarding.
Transportation stocks are gaining momentum, a traditional accompaniment to an economic recovery.
Action, not reaction.
My 12-month price target of $350 for Apple stock looks solid.
Is this rally for real?
The selling wave that plagued the markets in recent months will need a few more weeks to exhaust itself but the autumn should see a surge.
From 9% to zero
It yields 4% and its CEO spends time with his employees rather than running off to his sailboat like the CEO of BP (BP-$32), which yields zero.
A tiring quarter
Despite the current market weakness, I still expect positive returns for the year. That means price targets at least 8-10% ahead of current levels.