This Week's Barron's Roundup
Editor's note: Welcome to Stockpickr's "Barron's Roundup." Each weekend, James Altucher presents Stockpickr portfolios related to articles in the latest issue of Barron's.
Deep-Value Hedge Fund Interview
:
Barron's
alks to Robert Marcin and Steve Epstein, partners at Defiance Asset Management. (Marcin also is a contributor to
TheStreet.com
.) The two are deep-value managers who manage more than $500 million, buying and shorting stocks. Their current bullish picks include
Cummins
(CMI) - Get Report
and
Skechers
(SKX) - Get Report
.
:
Barron's
polls large institutional investors about whether they're bearish or bullish on the stock market. Their favorite stocks include
(GOOG) - Get Report
and
Apple
(AAPL) - Get Report
.
: If the dollar rallies, the short-dollar/long-commodity trade will decouple. A rising dollar also could hurt stocks like
Halliburton
(HAL) - Get Report
and
Freeport-McMoRan
(FCX) - Get Report
.
: Each week,
Barron's
publishes bullish and bearish stories on a variety of stocks. We present summaries of those stories in this portfolio. This week, there are bullish stories on
St. Joe
(JOE) - Get Report
,
Covidien
(COV)
and
Asbury Automotive
(ABG) - Get Report
.
: The latest analyst research reports highlighted by
Barron's
, including reports this week on
Yahoo!
(YHOO)
,
JetBlue
(JBLU) - Get Report
and
Peabody Energy
(BTU) - Get Report
.
Top Insider Purchases of the Week
: Insider purchases are a lot more predictive than insider selling.
Barron's
lists companies where managers are buying stock, and we build a portfolio with those companies' stocks. There has been interesting activity in
Visa
(V) - Get Report
,
eBay
(EBAY) - Get Report
,
Zumiez
(ZUMZ) - Get Report
and
E*Trade Financial
(ETFC) - Get Report
.
: Which companies are the top hedge funds chasing? This week's list includes names like
Countrywide
(CFC)
,
AMR
(AMR)
and
Fisher Communications
(FSCI)
.
At the time of publication, Altucher and/or his fund had no holdings of stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$h
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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