GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Free 7-day Trial
All Articles and Columns »

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

April 24, 2013 | About:
Canadian Value

Canadian Value

194 followers
"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:


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