Five Experts Name Their Favorite Investments
We asked top-notch analysts and fund managers for their best investing ideas.
For Kiplinger's editors' favorite investments, see our slide show of the Best Stocks and Mutual Funds.
FAVORITE FOREIGN STOCK
Wendy Trevisani, Fund Manager
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Trevisani, co-manager of Thornburg International Value fund, predicts that Danish drug maker Novo Nordisk, one of the world's leading producers of insulin, will benefit from an increase in diabetes treatment. The company's synthetic-insulin products, which include prefilled injection pens, permit better management of blood-glucose levels and sell for more than human insulin.
Novo's earnings have grown at a robust 22% annual pace over the past five years. "We see that growth continuing for many years," says Trevisani. At $113, Novo Nordisk's American depositary shares (NVO) trade at 21 times estimated 2007 earnings of $5.40 per share.
FAVORITE EXCHANGE-TRADED FUND
Ron Rowland, Editor
The author of All Star Fund Trader newsletter favors Powershares Value Line Industry Rotation Portfolio (PYH). It tracks an index that favors industries with the highest Value Line timeliness rankings, and stocks within those sectors that have the highest timeliness rankings. "Every market move has sectors that lead and sectors that lag," Rowland says.
FAVORITE FUND
Jack Chee, Analyst
An analyst with No-Load Fund Analyst newsletter, Chee admires the intensive research process employed by Bill D'Alonzo and his team at Brandywine Blue (BLUEX) to uncover hidden gems. The fund invests mainly in large, fast-growing companies. "Brandywine's diligence gives it an edge in finding out what Wall Street hasn't," says Chee.
FAVORITE BIG-CAP STOCK
Susan Byrne, Fund Manager
Byrne, who runs WHG LargeCap Value, among other mutual funds, likes insurance giant American International Group's global footprint, which includes strong positions in emerging markets. And she loves the price. At $65, the stock (AIG) trades at only ten times estimated 2007 earnings and 1.5 times book value.
FAVORITE SMALL-CAP STOCK
Jim Larkins, Fund Manager
The pilot of Wasatch Small Cap Value likes good companies that have been given up for dead. The stock of mattress maker Select Comfort has stagnated in a weak housing market. But Larkins likes the business model: Customers pay in advance, so little cash is tied up in inventory and accounts receivable. The stock (SCSS), at $16, trades at a price-to-sales ratio of less than 1.
KIPLINGER PICKS: The Best Stocks and Mutual Funds
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Stocks End Higher in Whipsaw Session
The main indexes were volatile Thursday with Nvidia earnings in focus.
By Karee Venema Published
-
Trump Picks Dr. Oz as Head of Medicare and Medicaid
President-elect Donald Trump picked Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services. Here's what to know about the former TV host.
By Kathryn Pomroy Published
-
Best Banks for High-Net-Worth Clients 2024
wealth management These banks welcome customers who keep high balances in deposit and investment accounts, showering them with fee breaks and access to financial-planning services.
By Lisa Gerstner Last updated
-
Stock Market Holidays in 2024: NYSE, NASDAQ and Wall Street Holidays
Markets When are the stock market holidays? Here, we look at which days the NYSE, Nasdaq and bond markets are off in 2024.
By Kyle Woodley Last updated
-
Stock Market Trading Hours: What Time Is the Stock Market Open Today?
Markets When does the market open? While the stock market does have regular hours, trading doesn't necessarily stop when the major exchanges close.
By Michael DeSenne Last updated
-
Bogleheads Stay the Course
Bears and market volatility don’t scare these die-hard Vanguard investors.
By Kim Clark Published
-
The Current I-Bond Rate Until May Is Mildly Attractive. Here's Why.
Investing for Income The current I-bond rate is active until November 2024 and presents an attractive value, if not as attractive as in the recent past.
By David Muhlbaum Last updated
-
What Are I-Bonds? Inflation Made Them Popular. What Now?
savings bonds Inflation has made Series I savings bonds, known as I-bonds, enormously popular with risk-averse investors. So how do they work?
By Lisa Gerstner Last updated
-
This New Sustainable ETF’s Pitch? Give Back Profits.
investing Newday’s ETF partners with UNICEF and other groups.
By Ellen Kennedy Published
-
As the Market Falls, New Retirees Need a Plan
retirement If you’re in the early stages of your retirement, you’re likely in a rough spot watching your portfolio shrink. We have some strategies to make the best of things.
By David Rodeck Published