Slimming bloated operations and reinvesting in its solid portfolio of brands will drive more balanced top-line growth and profit improvement for the packaged-goods firm.
Uncertainty over interest rates, frothiness among higher-yielding issues, and liquidity risk are reasons to be cautious, says MetWest's Laird Landmann.
Silver-rated Vanguard-Equity Income's two subadvisors team up to deliver top-decile yield and the potential for long-term growth of capital.
With little margin of safety available in today's market, the Gold-rated FPA Crescent manager is waiting for better opportunities.
Retirees should manage their portfolios with Social Security in mind, but including it as part of your bond allocation could get messy, says financial-planning expert Michael Kitces.
Since 2003, the lowest-cost mutual funds have taken the lion's share of assets as the benefits of low fees became widely recognized and advisors moved away from commission-based accounts.
Bill Nygren says Oakmark took small positions in two well-managed firms--Chesapeake and Apache--that could see significant upside when prices bounce back.
Amazon's third-party-selling business and investments for 'supernormal growth' were not well accounted for in the market valuation, says Oakmark manager Bill Nygren.
Although not as cheap as it was, the stock market's valuation today isn't much different than long-term historical averages and is more attractive than competing investments like bonds and cash, says Oakmark's Bill Nygren.
The U.S. economy is bouncing back from first-quarter headwinds, but in the long run it can't grow more than about 1.5% per year, says David Kelly, chief global strategist for J.P. Morgan Funds.