Marathon Oil is a restructuring story and is cheap compared to fellow North American E&P players, said Thomas Forester, portfolio manager for the Forester Value Fund. Forester added that Marathon is still immensely profitable even with oil prices moderating. Forester is also bullish on Amgen, saying the biotech powerhouse has a full pipeline and is under less pressure from biologic competition than Wall Street originally predicted. Finally, Forester is positive on J.C. Penney, stating that the retailer has turned itself around and it’s stock does not have to move very far to become a tremendously profitable investment.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Video
Beyond Pricey? Our Reporters Try the Beyond Meat Burger, Talk Business Model
Is Beyond Meat's burger enough to convince investors to invest in the company? TheStreet conducted a taste test to see what the hype is about.
Harley-Davidson: Riding Into History on the Back of a H.O.G.
What is it about Harley-Davidson that evokes so much nostalgia? Maybe it's the throaty sound of the engine, the sleek lines or its classic colors. Watch the video for a video timeline of the iconic company that was built out of a shed.