|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Ariels Charles Bobrinskoy Thinks Markets Are Cheap at These Levels
Posted by: Dheeraj Grover (IP Logged)
Date: December 28, 2012 08:59AM
Charles Bobrinskoy, vice chairman of well-known value investor John Rogers's Ariel funds was on CNBC to discuss his outlook for the markets in light of no decision yet on the fiscal cliff. He thinks that markets are very cheap at these levels and should do very well once the fiscal cliff is resolved, which he thinks will get resolved. He also offered his picks for 2013.
-- It will be bad idea to do anything with your portfolio speculating on the outcome of the fiscal cliff.
-- He thinks markets are very cheap at these levels and once the fiscal cliff gets resolved the market will go up and some sectors will do really well.
-- He likes the tech sector and his top picks are Dell (DELL) and Microsoft (MSFT). He said people are overestimating the demise of Dell: There is a lot of cash, tons of non-PC business and has made some smart investments.
-- Dell is not going away. Same is the story for MSFT; its business is not going away and valuation is very cheap.
Credit and source: CNBC
Here is the video:
Guru Discussed: John Rogers: Current Portfolio, Stock Picks
Stocks Discussed: DELL, MSFT,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.