Mohamed El-Erian, co-CEO of Pimco, the world's largest bond fund, told CNBC on Tuesday that it's "too early to declare victory" on a market rally. In the interview, he say there are three main issues that must be addressed if the rally is to be sustained. The recent surge in job creation will also uplift investor sentiment, he believes.
Track Gurus’ Stock Purchases Daily – Real Time Guru Picks
GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.
A Ben Graham Net-Net with 19 Straight Years of Profits
May's Ben Graham Net-Net pick has been profitable for 19 straight years. It has 25% of its market cap in cash. And zero debt. Insiders own 48% of the company. We will buy this net-net on Monday.
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