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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). ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,445.81 1,110.01 2,193.86 33.88
Oil *
78.31
DOWN
6.87
UP
0.77
UP
8.83
UP
0.65
10 Yr
3.39%
SPDR Gold
118.68
-0.07%
+0.07%
+0.40%
+1.96%
Data delayed 20 minutes

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