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
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
http://valueinvestorcanada.blogspot.com/

Rating: 2.5/5 (6 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


vinsandhup/s asia
vinsandhup/s us
vinsandhup/s euro
tyde_dicksonNCAV
tyde_dicksonNNWC
tyde_dicksonLow PE / PB
GaborWishlist_LowPE
GaborEV/EBIT_basic2
Jwalker89Tech
Jwalker89Industrials
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