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

Bill Nygren Comments on Forest Labs

January 09, 2014 | About:
As value investors with a long-term horizon, we are happy to patiently wait for undervalued securities to appreciate toward our estimates of intrinsic value.  Occasionally, we are pleased to see the value gap close more rapidly, which is what has happened with Forest Labs over the past three quarters.  Forest Labs appointed a new CEO, who quickly introduced a substantial cost-cutting program and a more shareholder-friendly capital allocation strategy.  These measures helped Forest Labs enjoy a 60% increase in stock price since January 2013.

 

From Bill Nygren (Trades, Portfolio)'s fourth quarter 2013 commentary.


Rating: 4.0/5 (2 votes)

Comments

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


User Generated Screeners


EhrlingerT. Rowe Price Group
NorvasP/S good growers
danaltstreamMERP
danaltstreamMPB EY
AxelSalonenGrowth & True Value
gelayor65All Stocks With Blackrock Sell
13finvestorBiotech-Healthcare
jgmarisafricaGurus growth low profitability
filip2001220917
filip2001210917
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

{{numOfNotice}}
FEEDBACK