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☆ Large spread between growth and value companies is really interesting, says Oakmark's Nygren
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLarge spread between growth and value companies is really interesting, says Oakmark's NygrenBill Nygren, Oakmark Funds portfolio manager, joins 'Squawk on the Street' to discuss if recent bond performance has changed his outlook on stocks, where the enticing bargains are, and more.

Persons: Oakmark's, Bill Nygren

☆ Oakmark's Bill Nygren shares his value opportunities in the current market
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOakmark's Bill Nygren shares his value opportunities in the current marketBill Nygren, Oakmark portfolio manager, joins 'Closing Bell Overtime' to talk his top stock picks, finding opportunities in the current market, and more.

Persons: Bill Nygren

☆ Oakmark's Bill Nygren: Here's why now is a really exciting time for value investors
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOakmark's Bill Nygren: Here's why now is a really exciting time for value investorsBill Nygren, Oakmark portfolio manager, joins 'Squawk on the Street' to discuss how Nygren would characterize the environment for value stocks, the recent price action with Alphabet, and more.

Persons: Bill Nygren

☆ A fund manager who has beaten 99% of his peers over the last decade breaks down how he finds value investments where others don't, and the 2 sectors he's looking for opportunities in this year
▼ + stars: | 2024-02-03 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Consistently beating the competition over a decade and a half is a sign that Bill Nygren is worth listening to. Instead, he uses good old-fashioned value investing techniques that have proven reliable for decades, even as they've evolved. Nygren added: "It's clearly not a value stock, but when you make those adjustments it sells at less than a market multiple. Advertisement2 sectors to invest in right nowThe average investor would be forgiven for looking around the market right now and struggling to find value. Advertisement"And I think value investors have been a natural home for a lot of the financial industry because the industry's typically traded at something like three-quarters of the S&P multiple," Nygren said.

Persons: Bill Nygren, Nygren, there'd, you've Organizations: Oakmark, Oakmark Fund, Business, Big Tech, Capital, Intercontinental Exchange, American International Group, AIG

☆ Art of the Trade: Value investor Bill Nygren details his best trade ever
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArt of the Trade: Value investor Bill Nygren details his best trade everWidely followed value investor Bill Nygren, portfolio manager at Oakmark Funds for 40 years, said the best trade of his career was when he made 80 times his money buying Liberty Media in the early 90s. Nygren took advantage of a period of time when Liberty Media went through a number of structural changes.

Persons: Nygren, Bill Nygren Organizations: Oakmark Funds, Liberty Media

☆ Art of the trade: How top value investor Bill Nygren made 80 times his money buying a media company
▼ + stars: | 2024-01-15 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Widely followed value investor Bill Nygren, portfolio manager at Oakmark Funds for 40 years, said the best trade of his career was when he made 80 times his money buying Liberty Media in the early 90s. Nygren took advantage of a period of time when Liberty Media went through a number of structural changes. "Most investors looked at this spinoff of Liberty Media, kind of a hodgepodge of investments, mostly which they didn't have control over." One of the biggest challenges of the trade was that there wasn't one traditional metric that Nygren could use to value the whole company. "Each asset had a different metric that we thought was most representative of what value really was for that type of company," Nygren said.

Persons: Bill Nygren, Nygren Organizations: Oakmark Funds, Liberty Media, Tele, Communications, EV, Liberty

☆ Oakmark's Bill Nygren talks his value investing playbook
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOakmark's Bill Nygren talks his value investing playbookBill Nygren, Oakmark partner & U.S. CIO, to talk value and growth stocks, his investing playbook, his recent buys, and more.

Persons: Bill Nygren Organizations: U.S, CIO

☆ Worried about the volatile market? Analysts love these 10 global stocks with safe and high dividends
▼ + stars: | 2023-10-11 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Some analysts recommend buying dividend stocks as a way around it. Morgan Stanley equity strategist Mike Wilson said in an Oct. 9 report that high-dividend stocks are one way investors can navigate the uncertainty. Automaker Stellantis boasted the highest dividend yield of the lot, offering around 10%, with a decent 76% buy rating from analysts, who gave it 28% potential upside. Other automakers that made the cut include Mercedes-Benz , which offered the next highest dividend yield at 8.5%, and Hyundai Motor . Prominent investor Oakmark Funds' Bill Nygren said this week that energy stocks deserve a place in the portfolio , especially when the market is especially volatile.

Persons: Morgan Stanley, Mike Wilson, Oakmark, Bill Nygren, Yun Li, Michael Bloom Organizations: BMO, CNBC Pro, Energy, Stellantis, Benz, Hyundai Motor, Hyundai, ConocoPhillips, Diamondback Energy Locations: Israel

☆ Bill Nygren says times like these show why investors need to own some energy stocks — His top picks
▼ + stars: | 2023-10-09 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Oakmark Funds' Bill Nygren thinks energy stocks deserve a place in the portfolio, especially when the market experiences heightened volatility like right now. "It highlights the value in a portfolio of energy exposure," Nygren said on CNBC's " Squawk on the Street. " He has managed the Oakmark Select Fund since 1996 and the Oakmark Fund since 2000. The investor said energy stocks are relatively inexpensive and they are well-positioned for more gains ahead as oil prices are expected to stay elevated. Oil prices jumped Monday following the latest Middle East violence, with West Texas Intermediate crude oil futures climbing 3.7%, trading above $85 a barrel.

Persons: Bill Nygren, Nygren, Morningstar Organizations: Oakmark Fund, West Texas, Phillips, ConocoPhillips Locations: Israel

☆ 'Tremendous opportunity': Oakmark's Bill Nygren says it's a good time to buy these 3 cheap stocks
▼ + stars: | 2023-10-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

It's a good time to buy cheap stocks in some sectors right now, according to Oakmark Funds' Bill Nygren. "What that means to us is the hunting ground of low P/E stocks provides more opportunity than it typically does," he said, adding that the company's portfolio includes many single-digit P/E stocks. Nygren added that he's buying up stocks in high-quality companies in financial services, insurance, energy and some consumer durables — mostly paying single-digit P/E multiples for them. Nygren, who joined Oakmark Funds in 1983, manages the $18 billion Oakmark Fund with Michael Nicolas and Robert Bierig. Energy Nygren said they own "a lot of stocks where there is risk, where investors are worried about the futures of the [companies]" — but because of that, the entry level price is very low.

Persons: Bill Nygren, what's, Nygren, CNBC's, It's, Michael Nicolas, Robert Bierig, Russell, Banks Nygren, he's, Wells, they've, that's, it's, Energy Nygren Organizations: Oakmark Funds, Energy Locations: Wells Fargo, Capital, U.S

☆ CNBC Daily Open: The September jobs report is key
▼ + stars: | 2023-10-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Bracing for the jobs reportU.S. stocks dipped slightly Thursday as investors braced for the September job report coming out today. JPMorgan Chase's Marko Kolanovic thinks the S&P 500 might be slammed by a 20% sell-off if high interest rates persist. In other words, the gap between cheap and expensive stocks is larger than usual — which gives value investors a "tremendous opportunity."

Persons: Hong, Tencent, JPMorgan Chase's Marko Kolanovic, I'm, Bill Nygren, Nygren Organizations: CNBC, Treasury, Administration, European Union Chamber of Commerce Locations: Asia, Pacific, China

☆ The opportunity is there to put together a pretty inexpensive portfolio, says Oakmark's Bill Nygren
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe opportunity is there to put together a pretty inexpensive portfolio, says Oakmark's Bill NygrenBill Nygren, Oakmark Portfolio Manager, joins 'Closing Bell Overtime' to talk recent market action, his playbook for the current market, tech investing and more.

Persons: Bill Nygren Bill Nygren Organizations: Oakmark

☆ Oakmark Funds' Bill Nygren is one of the top value managers with double-digit returns — for decades
▼ + stars: | 2023-08-02 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Bill Nygren at Oakmark Funds is one of the top value-focused fund managers on Wall Street today with a long-term track record of success. The University of Wisconsin and University of Minnesota grad has managed the Oakmark Select Fund since 1996 and the Oakmark Fund since 2000. The $18 billion Oakmark Fund touts a similar track record, returning an annualized 12.2% over the last 15 years and 12.7% since 1991. The Oakmark Fund's five largest positions account for only 15% of assets, and its largest, Google-parent Alphabet , takes up less than 4%. Nygren holds just 50-60 positions in the Oakmark Fund, so that each of his high-conviction bets has a greater impact on the fund's performance.

Persons: Bill Nygren, Morningstar, It's, Nygren, Charles Schwab Organizations: University of Wisconsin, University of Minnesota, Oakmark Fund, Google, Oakmark, Capital, Bank of America Locations: Charlotte, Wells Fargo

☆ Now is a great time to be a 'traditional value investor', says Oakmark's Bill Nygren
▼ + stars: | 2023-06-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow is a great time to be a 'traditional value investor', says Oakmark's Bill NygrenBill Nygren, Oakmark Funds partner and CIO, joins 'Closing Bell Overtime' to talk investing opportunities in the current market.

Persons: Bill Nygren Bill Nygren

☆ Why value investor Bill Nygren calls this media spinoff the best trade of his career
▼ + stars: | 2023-05-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

More than three decades after the money-winning trade, Bill Nygren still calls buying up shares of Liberty Media as it was spun off from Tele-Communications Inc. one of the best stock moves of his career. When the spinoff occurred in 1991, the deal itself was complicated for investors to break down and analyze, Nygren explained. So they looked at an asset-by-asset valuation and determined that the assets inside Liberty were worth three times the cost of purchasing the TCI shares. The deal was structured so that TCI shareholders received the right to buy Liberty stock based on how much they owned. And, because Liberty came out a more levered company, the firm ended up owning about 15% of it, Nygren said.

☆ Warren Buffett says American banks could face more turbulence ahead, but deposits are safe
▼ + stars: | 2023-05-06 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Buffett, when asked about the recent tumult that led to the collapse of three mid-sized institutions since March, launched into a lengthy diatribe about the matter. In the early 1990s, Buffett served as CEO of Salomon Brothers, helping rehabilitate the Wall Street firm's tattered reputation. The core problem, as Buffett sees it, is that the public doesn't understand that their bank deposits are safe, even those that are uninsured. Meanwhile, Buffett said that he keeps his personal funds at a local institution, and isn't worried despite exceeding the threshold for FDIC coverage. "The messaging has been very poor, it's been poor by the politicians who sometimes have an interest in having it poor," he said.

☆ Oakmark's Bill Nygren: Larger banks have a strong competitive advantage versus smaller banks
▼ + stars: | 2023-05-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOakmark's Bill Nygren: Larger banks have a strong competitive advantage versus smaller banksBill Nygren, Oakmark Funds Partner and U.S. CIO, joins 'Squawk on the Street' to discuss regional bank sell-off and the broader markets.

☆ Bill Nygren buys this regional bank with strong deposits, says 'inappropriate role' of short selling contributing to fears
▼ + stars: | 2023-05-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Oakmark Funds' Bill Nygren scooped up shares of Truist Financial during the first-quarter banking rout that saw the collapse of Silicon Valley Bank . According to Nygren, investors are laser-focusing on Truist's mortgage portfolio and overlooking its insurance brokerage business. TFC 1D mountain Truist shares pop on Friday The bank recently sold 20% of its insurance brokerage business to private equity group Stone Point Capital . Beyond Truist, Nygren sees several opportunities in the sector. No 'spiraling fundamental problem' Despite some resurfacing bank fears, Nygren expects the sector to fair okay over the long haul.

While Charles Schwab shares are up about 20% from their March low, boutique equity research firm Redburn isn't so sure the recovery is warranted. Analyst Charles Bendit downgraded Charles Schwab to sell from neutral on Thursday. Schwab shares are off some 38% from this year's high reached in early January. SCHW YTD mountain Charles Schwab stock To be sure, several prominent investors, including Oakmark Funds' Bill Nygren, are among many who have opted to buy the dip in Schwab. "Potential re-regulation of midsize banks in the wake of the regional banking crisis might impact Schwab," Bendit said.

☆ Bill Nygren says bigger is better in financials, names Schwab as one of his favorites
▼ + stars: | 2023-04-19 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Oakmark Funds' Bill Nygren said he favors bigger banks in the financial sector, and the top value investor broke down why he particularly likes Charles Schwab. "I think bigger has been better in financials for a long time," Nygren said on CNBC's " Squawk on the Street. " Nygren, who owns Wells Fargo, Capital One, Bank of America and Schwab, believes larger banks are more insulated from these balance sheet issues. SCHW YTD mountain Schwab Nygren said he is especially bullish on Schwab because it's the lowest cost provider for wealth management services. The portfolio manager also noted that Schwab insiders have been active buyers of the stock in the past few weeks.

☆ Netflix shares drop after mixed earnings. Here's what the experts have to say
▼ + stars: | 2023-04-19 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix shares drop after mixed earnings. Here's what the experts have to sayJim Cramer, Jessica Reif Ehrlich of Bank of America Securities, Michael Nathanson of SVB MoffettNathanson, John Blackledge of Cowen and Bill Nygren of Oakmark Funds on what they think about Netflix.

☆ We really like Netflix but it is overvalued: Oakmark's Bill Nygren
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe really like Netflix but it is overvalued: Oakmark's Bill NygrenBill Nygren, Oakmark Funds portfolio manager, joins 'Squawk on the Street' to discuss shifts in Nygren's portfolio, whether bigger is better in the banking sector, and more.

☆ Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
▼ + stars: | 2023-03-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Adobe shares rose 5% in extended trading on Wednesday after software maker announced fiscal first-quarter results that topped Wall Street estimates and lifted its full-year foercast. Here's how the company did:Earnings: $3.80 per share, adjusted, vs. $3.68 per share as expected by analysts, according to Refinitiv. $3.80 per share, adjusted, vs. $3.68 per share as expected by analysts, according to Refinitiv. For the second quarter, Adobe expects earnings per share of $3.75 to $3.80 on an adjusted basis and $4.75 billion to $4.78 billion in revenue. Analysts surveyed by Refinitiv had been expecting $3.76 per share in adjusted earnings and $4.76 billion in revenue.

☆ Bank of America is one of the best run banks in the U.S., says Oakmark Fund's Bill Nygren
▼ + stars: | 2023-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of America is one of the best run banks in the U.S., says Oakmark Fund's Bill NygrenThe Oakmark Fund's Bill Nygren joins 'Closing Bell' to discuss the bank stock rebound and those banks where investors can find opportunity.

☆ Oakmark's Bill Nygren sees an opportunity in bank stocks amid sector turmoil
▼ + stars: | 2023-03-14 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Oakmark Select Fund's Bill Nygren said it is a good time to buy bank stocks, as attention shifts away from the failure of Silicon Valley Bank and toward financial names he believes are strong investments. "I think it's important for people to understand just how different SVB is or was compared to other bank stocks," Nygren said on CNBC's "Closing Bell." The fund manager said the tech-focused Silicon Valley Bank lacked a diversified source of depositors, almost all of them being uninsured, and also had a substantial investment in long-duration assets. The portfolio manager said that the bank stocks Oakmark owns trade at a multiple that is about six to eight times their earnings. It dropped by more than 12% on Monday after banking regulators seized Silicon Valley Bank and Signature Bank, the second- and third-largest bank failures , respectively, in U.S. history.

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