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 (4617) 

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

carlos.g.alvesGraham Number (Defensive)
rael2222solo l'inizio 1
rael2222solo l'inizio
carlos.g.alvesNet-Net (Enterprising)
carlos.g.alvesLow TB Financials (Enterprisin
oconneds16Screen 3

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
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)