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

Buy Ken Fisher's 5 Favorite Stocks


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

London-based Barclays (BCS) is another massive financial name that Fisher Investments added to its portfolio in the latest quarter. The firm bought close to 15.6 million shares of the U.K. bank, taking on a $236 million position in the firm.

Barclays was the biggest U.K.-based bank to avoid taking government bailout cash when 2008 brought the system to a screeching halt, a feat that management deserves some credit for pulling off (even if it came at the expense of some shareholder equity).

>>7 Defensive Bank Stocks From FBR

Like Morgan Stanley, Barclays owns a thriving investment bank, which chips in around half of the firm's total profits. Unlike MS, Barclays unloaded its own asset management unit in late 2009, selling it to BlackRock (BLK) to create the biggest asset management firm in the world. The fact that Barclays retained 20% of BLK in return is a big benefit for shareholders. BLK has proven more adept than any bank at running its asset management business.

Again, Barclays isn't spotless; the UK economy is under serious pressure right now, threatening the bank's loan book. While a push to bank in emerging markets is a positive for BCS shareholders right now, buyers shouldn't forget about the health of those U.K. loans. The decision to buy the assets of Lehman Brothers at a massive discount should give BCS a big boost once economic engines get roaring again -- as long as it can keep costs like compensation from eating up too much profit. U.K. regulators should help with that.
3 of 6

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

Check Out Our Best Services for Investors

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
BCS $9.32 0.00%
GGB $1.93 0.00%
HDB $63.51 0.00%
MS $26.17 0.00%
TTM $29.02 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs