real-time news and commentary for investors
Tuesday, Jul 31
2012, 7:53 PM
"Stocks are really attractive right now," says Oakmark's Bill Nygren. Investors are...
"Stocks are really attractive right now," says Oakmark's Bill Nygren. Investors are significantly overpaying for safety and income, and that is giving us value where investors are willing to step up and take some risk. The companies he likes are focusing on investment to grow EPS faster than they grow earnings - largely through stock buybacks - rather than paying out cash flow through higher dividends. Some favorites of his: Capital One (COF), Comcast (CMCSA), Oracle (ORCL) and Ebay (EBAY). (video)