Morningstar StockInvestor editor Paul Larson says the potential downside is capped for this coastal Florida landowner, while the upside is big at current stock prices.
Morningstar's Anthony Dayrit thinks that Florida landowner St. Joe will be able to cope with the issues stemming from both the economy and the Gulf oil spill.
The Fairholme manager recently spoke to our analysts about his intentions for St. Joe, the fund's distinctive research-outsourcing model, and the new Allocation Fund.
In Part 2 of a Morningstar Conference interview with Don Phillips, the Fairholme manager makes his case for Bank of America, Goldman Sachs, as well as Sears Holding and the controversial Florida real estate company.
According to Joe Hurley, founder of Savingforcollege.com, by far the most frequently asked questions he receives from advisors concern the impact of 529 plans on financial aid.