1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Don Yacktman's Favorite Stock Is Proctor and Gamble [Video]

March 05, 2013 | About:

Yacktman comes into the video below at the 9 minute and 37 second mark for a very refreshing change from the five second traders.

Some of Yacktman's observations on the investing climate today:

- When asked about whether it is too late to jump into the stock market rally, Yacktman confuses the Fast Money folks by saying it is too hard for him to make predictions about where the market is going in the short term.

- He does say that he would prefer lower stock prices so he can invest at better valuations.

- When then asked about where the market will be one year out Yacktman further confuses the crew by saying he doesn't make market predictions but only buys stocks based on valuation.

- His favorite stock today is Proctor and Gamble (NYSE:PG) which he thinks is like a triple-A bond.

- On a relative basis (to the long-term Treasuries) Proctor and Gamble looks great; on an absolute basis it looks less good.







About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus has detected 6 Warning Signs with Procter & Gamble Co $PG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


dosowsky11 Year Growth ROE
G7dar2Pg4Cwc3RxTpm7z52Wk Magic Global
HOLKLSUTop 10 Gurus Holding and Addin
ssukumarDEF-GB
PabloNVOUndervalued (FCF DCF)
melblannHigh Quality
jan.ellsbergerDimaScreen
bennywangSelect
james scarrJames
worldmetalsHow to Find Good Dividend Stoc
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK