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Hotchkis & Wiley Comments on IBM

March 20, 2014 | About:
Holly LaFon

Holly LaFon

279 followers

We took a new position in IBM (IBM) (1.5%)*, which we believe is a well-positioned, diversified technology company with a strong balance sheet, prudent capital allocation, and an attractive valuation.

From Hotchkis & Wiley's fourth quarter 2013 manager commentary.


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