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Real Story: Pity the Bears

Takeovers of 'bad' companies such as Bausch & Lomb and the action of noted investors put more pressure on the shorts. Plus, 'Should I Buy It?'
Author:

"When even companies with bad fundamentals like

Bausch & Lomb

(BOL)

and

Agile Software

(AGIL)

are acquired -- at premiums -- it's hard to be a bear," Aaron Task says on

"The Real Story" podcast.

The bull case was further buttressed, Task says, by revelations of holdings of famed investors Warren Buffett, including

Johnson & Johnson

(JNJ) - Get Johnson & Johnson (JNJ) Report

and

Wellpoint

(WLP)

; Ed Lampert in

Citigroup

(C) - Get Citigroup Inc. Report

; George Soros in

Microsoft

(MSFT) - Get Microsoft Corporation (MSFT) Report

; and Carl Icahn in

CSX

(CSX) - Get CSX Corporation Report

and

Anadarko Petroleum

(APC) - Get Anadarko Petroleum Corporation Report

. "These investors see value in the U.S. and in big-cap stocks, even after the Dow's big run," says

TheStreet Recommends

TheStreet.com's

editor-at-large.

Task's guest, David Peltier, comes on for the weekly and recently rebranded "Should I Buy It?" segment. Stocks discussed include

Starbucks

(SBUX) - Get Starbucks Corporation Report

,

Seagate Technology

(STX) - Get Seagate Technology PLC Report

and Mexican homebuilder

Homex

(HXM)

.

In the remainder of the podcast, Task discusses the day's other corporate news, including post-close earnings from

Hewlett-Packard

(HPQ) - Get HP Inc. (HPQ) Report

, positive comments from

Corning

(GLW) - Get Corning Inc Report

and

Sony

(SNE) - Get SONY GROUP CORPORATION SPONSORED ADR Report

, and sell-the-news reactions to earnings from

Deere

(DE) - Get Deere & Company Report

and

Applied Materials

(AMAT) - Get Applied Materials, Inc. Report