This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jeremy Siegel Says Get Ready to Buy

Siegel's picks for investors who are ready to nibble away at beaten-down stocks are WisdomTree Total Dividend fund (DTD), a domestic large-cap blend fund that ranks General Electric (GE - Get Report), Citigroup (C - Get Report) and Bank of America (BAC - Get Report) among its top holdings, as well as the WisdomTree DEFA (DWM), a large-cap foreign stock fund that holds names such as HSBC (HBC) and BP (BP - Get Report).

For investors who are truly ready to take on some risk, Siegel suggests taking a look at the WisdomTree Emerging Markets High-Yielding Equity Fund (DEM), which is a fundamentally weighted index that tracks high dividend-yielding stocks selected from 19 emerging-market nations in Europe, Asia and Latin America. Companies are weighted in the index on the basis of annual cash dividends paid.

"Not too long ago, the emerging markets would see a bloodbath after one of the selloffs we've been seeing. But they are safer now than during the Asian currency crisis, for example," says Siegel. "They had depreciating currencies back then, but now they are appreciating. They are seeing capital inflows now instead of money trying to escape the country."

So if the recent credit shockwaves and hedge fund implosions won't do it, what would scare Siegel?

"I would get nervous if I saw lending truly freeze up in areas outside low-quality mortgages like autos and credit cards. If that happens, the Fed will cut aggressively, but I don't see it yet," says Siegel.

"As for hedge funds blowing up, that ultimately could be good for the equity market, because we will start to see some transparency again. A huge amount of money was removed from the system and hidden in places we did not know about. Now it's being discovered."

Before joining TheStreet.com, Gregg Greenberg was a writer and segment producer for CNBC's Closing Bell. He previously worked at FleetBoston and Lehman Brothers in their Private Client Services divisions, covering high net-worth individuals and midsize hedge funds. Greenberg attended New York University's School of Business and Economic Reporting. He also has an M.B.A. from Cornell University's Johnson School of Business, and a B.A. in history from Amherst College.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
HBC $0.00 0.00%
BP $43.46 0.00%
C $52.90 0.00%
BAC $15.64 0.00%
DWM $54.47 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs