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

Stocks should be like tractors: sturdy and reliable

April 07, 2006

To Muhlenkamp, stocks should be like tractors: sturdy and reliable. So he wants companies with a retirn on equity above 14%, revenue growth of at least 10% a year. He'll have no truck with exotic asset allocation theories, saying, "Academic theories are good as academic theories, but my job is to make money."

The maverick Muhlenkamp is guided by a peculiar mix of bottom-up stock picking and macroeconomic forecasts. He foresees a fairly steady economy in 2006, with 2% inflation and 4.5% short-term interest rates. Thus he concludes that the bottom won't fall our on his eclectic collection of holdings.

Read the complete article

Rating: 2.4/5 (9 votes)


Please leave your comment:

Performances of the stocks mentioned by

User Generated Screeners

rael2222TOP TOP ONE
pbarker46KISS Dividend Strategy
Bogdan BednarskiDividends Basic
daftheadersg hk best
henrikLynch inspiret Oct 17
lajor10Low EV/EBITDA
canidPE >50th percentile of INDUSTR
brucexoct 17 user defined screen
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)

GF Chat