The Daily Interview: Values, Values, Values!
The markets are looking uglier and bleaker than the XFL these days. But one man is very excited.
Hugh H. Mullin Senior Portfolio Manager Putnam Investments |
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For today's Daily Interview, we talked with Hugh H. Mullin, a senior vice president with Putnam Investments and senior portfolio manager of the $31.7 billion (PGRWX Quote)Putnam Fund for Growth and Income. As a value guy, Mullin suffered through late 1999 and early 2000 in a market where nothing looked cheap. He says this market has made his job a lot easier.
Today, Mullin says some of "the world's greatest companies" -- Citigroup(C Quote) and ExxonMobil(XOM Quote) among them -- look downright inexpensive. He also has been judiciously adding to his tech basket, pointing to favorites such as IBM(IBM Quote) and even Motorola(MOT Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,445.81 | 1,110.01 | 2,193.86 | 33.88 |
Oil *
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DOWN
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UP
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UP
8.83
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UP
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10 Yr
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SPDR Gold
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+1.96%
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