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
Articles (4624) 

John Calamos - Don't Be Afraid to Buy Stocks with the Market Hitting New Highs

March 28, 2013 | About:

We haven't seen much of John Calamos in the media in recent years. He used to show up regularly in most lists of gurus.

Calamos believes that the Fed needs to cease the quantitative easing program. Small business is what drives job growth and with current interest rates, banks have little interest in making loans to small businesses.

Calamos is optimistic for the next 12 to 18 months because valuations are quite attractive.

An interesting point made by Calamos in the interview was that investors in 1982 were worried to get into stocks because the market was hitting new all-time highs. Those people who didn't get in missed out on a 17-year bull market. He thinks today could be very similar to that.

About the author:


Rating: 3.7/5 (3 votes)


Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue

User Generated Screeners

WellrossManual of ideas4
WellrossManual of ideas3
WellrossManual of ideas2
WellrossManual of ideas1
kpmoranManual of ideas
WellrossNCAV micro/nanoRF
MauroTNCAV micro/nano
nghassanPenny Stocks
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