Par Dorsey, ex equity research director at Morningstar.com, author of well know value investing book "Little Book that builds wealth" and currently president of Sanibel Captiva Investment Advisors was on Bloomberg to discuss US Stock market, and what is driving the current market rally. He also shares his views on where value is in the current market and share his picks
-- Investors focusing on company fundamentals have been the prime driver behind the strong market rally despite all the economic uncertainties
-- Growth is available at cheap in this market, retail investors is piling money into bonds and stocks with high dividends and that has ensured that valuation of high dividend company is stretched
-- Companies like GOOG, AAPL, ORCL, CSCO all growing good but are available at very attractive valuations
-- Other companies he like - National Oilwell Varco (NVO)
Credit: www.bloomberg.com, Bloomberg
Here is the video:
http://bloom.bg/P9cXzA
-- Investors focusing on company fundamentals have been the prime driver behind the strong market rally despite all the economic uncertainties
-- Growth is available at cheap in this market, retail investors is piling money into bonds and stocks with high dividends and that has ensured that valuation of high dividend company is stretched
-- Companies like GOOG, AAPL, ORCL, CSCO all growing good but are available at very attractive valuations
-- Other companies he like - National Oilwell Varco (NVO)
Credit: www.bloomberg.com, Bloomberg
Here is the video:
http://bloom.bg/P9cXzA
