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Barron's Interview: Six Winners No Matter Where We Go From Here

 Jul 27, 2008 09:12 PM UTC
Return Risk
-17.39% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
GLW Positive 07/27/08 -20.34% --
RIG Positive 07/27/08 -36.36% --
SLM Positive 07/27/08 -33.45% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Barron's interviews Omega Advisors' top money managers Lee Cooperman and Steven Einhorn, whose fund has returned 16% annually since 1991. They think the market's downside is limited, as perhaps is its upside, but that there is an abundance of quality stocks available now - on the cheap.

We are buying plenty of attractively valued securities, but this is not an environment to be complacent... The ingredients for a decent bottom are in place, but any significant upside is going to require help from two areas. No. 1, we have to see a bottoming in home prices. No. 2, we are going to have to see crude-oil prices recede.


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