This Day On The Street
Continue to site
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

Yahoo!'s Cost Cuts Will Lift Profit

ALEXANDRIA, Va. ( TheStreet) -- Timothy Holland, co-manager of the Aston / TAMRO Diversified Equity Fund (ATLVX), says cost cuts at Yahoo! (YHOO - Get Report) under Chief Executive Carol Bartz will help the Web-search company boost profit.

The $11.8 million fund, rated four stars by Morningstar (MORN), has risen 49% during the past year, better than half of its rivals. The Aston fund has returned 2.9% annually, on average, during the past five years, beating two-thirds of competitors.

Welcome to TheStreet's Fund Manager Five Spot, where America's top mutual fund managers give their best stock picks in five fast and furious questions.

Are you a bull or bear?

Holland: We are bullish. While last year was strong, with above-average returns in the stock market, we remain bullish for 2010. We believe the recession is likely behind us with modest economic growth expected for the year.

The recovery will likely be subdued as higher taxes at the local, state and eventually federal level act as headwinds against consumer and corporate spending. In spite of the potential for below-average GDP growth domestically, we believe even modest top-line revenue growth should lead to surging corporate profits as operating leverage takes effect. Furthermore, we anticipate consolidation to take place both domestically and globally as leading companies buy market share through acquisitions.

What is your top stock pick?

Holland: We really like the Advisory Board (ABCO - Get Report). This company provides best- practice research to over 2,700 member organizations, most of which are health care-related. The company offers about 40 programs to gain access to researchers who are on-call to investigate and report on the best ways common industry challenges have been addressed. Typical programs range from general management issues like IT strategy and physician leadership to business performance and benchmarking in areas such as revenue cycle and supply chain management.
1 of 3

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ABCO $54.20 0.67%
YHOO $33.71 -0.30%
AAPL $117.29 -0.85%
FB $107.07 2.70%
GOOG $766.64 3.20%


Chart of I:DJI
DOW 17,887.55 +167.63 0.95%
S&P 500 2,100.46 +20.05 0.96%
NASDAQ 5,151.7860 +43.12 0.84%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs