Olstein: Large-Cap Quality Still on Sale
Large-cap firms like Coke and P&G aren't the massive bargains they were in the downturn, but they still look attractive in light of their safety, dividend yields, and competitive advantages.
Morningstar.com recently went on the road to check in with some money managers, including Bob Olstein, manager of Olstein All-Cap Value Fund. We talked about opportunities in big-cap stocks, overall market valuations, and lessons learned from the financial crisis.
Jason Stipp: Bob, your fund is an all-cap fund, but it's migrated over the last few years from the mid-cap region to the large-cap region. When you think about where you've been finding attractive opportunities, what about large-caps have you been seeing as good investments right now?
Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.