Ariel Investments Vice Chair Discusses Finding Attractive Stocks

Compare stocks to their intrinsic value, not their market price, Bob Bobrinskoy said

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Dec 12, 2016
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Ariel Investments Vice Chairman Bob Bobrinskoy spoke to CNBC Friday about how to find attractive stocks in the higher market. Bobrinskoy said investors should compare stocks to their intrinsic value rather than the market, which has gone up since October.

Low-priced stocks were merely slightly harder to find, he said. His picks were: KKR & Co. (KKR, Financial), Borgwarner (BWA, Financial) and Zimmer Holdings (ZBH, Financial). The investor also discussed the Dow, small caps and EU banks.