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
Canadian Value
Articles (4624) 

Jim Grant Rarely Recommends Specific Stocks - But Today He Has Two Recommendations

April 24, 2013 | About:

"No credit, no problem," says Jim Grant.

His favorite publicly traded stocks right now are Blackstone (NYSE:BX) and KKR (NYSE:KKR).

Yes, he likes the private equity managers because they have been beneficiaries of extremely low interest rates and the current ability to sell portfolio investments.

These companies yield over 6% and trade at a PE ratio in the single digits.

He thinks both companies offer a margin of safety at current prices.

It is rare for Grant to make public stock recommendations, so this might be worth paying attention to.

About the author:

Canadian Value

Rating: 2.5/5 (6 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

jeanstemarieJapan growth fair value
pbarker4610 Profitable Years
jeanstemarieJapan momentum
clyfoong24 dec screen
pbarker46Shiller PE & Low Payout
pbarker46PB Stocks, Canada
doniemaherScreen #23 - Lo Debt, Profitab
pbarker46PB Stocks, USA
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)