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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

☆ Here's why Oakmark Funds' Mike Nicolas is bullish on Capital One and Charles Schwab
▼ + stars: | 2024-03-11 | 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 EmailHere's why Oakmark Funds' Mike Nicolas is bullish on Capital One and Charles SchwabMike Nicolas, Oakmark Funds portfolio manager, joins 'Money Movers' to discuss how Oakmark views the financials sector, how much of the financials strength is due to capital markets, and the deal between Capital One and Discover.

Persons: Mike Nicolas, Charles Schwab Mike Nicolas Organizations: Capital

☆ 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

☆ Charles Schwab one of the most attractive bank stocks despite near-term headwinds: Oakmark's Fitch
▼ + stars: | 2024-01-17 | 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 EmailCharles Schwab one of the most attractive bank stocks despite near-term headwinds: Oakmark's FitchAlex Fitch, Oakmark Funds portfolio manager, joins 'Fast Money' to explain why Charles Schwab is still one of his top picks in banking sector.

Persons: Charles Schwab, Oakmark's Fitch Alex Fitch Organizations: Oakmark

☆ 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

☆ 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

☆ 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

☆ '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

☆ The market has become 'incredibly narrow': Oakmark's Tony Coniaris
▼ + stars: | 2023-09-14 | 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 EmailThe market has become 'incredibly narrow': Oakmark's Tony ConiarisTony Coniaris, Oakmark Funds partner, joins 'Squawk on the Street' to discuss whether the market has become narrow, investing in a seasonally uncertain market, and more.

Persons: Tony Coniaris Tony Coniaris

☆ 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

☆ The idea that retail won't earn a fair margin is a 'misconception', says Oakmark's Tony Coniaris
▼ + stars: | 2023-05-15 | 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 EmailThe idea that retail won't earn a fair margin is a 'misconception', says Oakmark's Tony ConiarisTony Coniaris, Oakmark Funds partner, joins 'Closing Bell Overtime' to break down the state of the consumer, the upcoming slate of retail earnings, and to recap his top stock picks.

☆ 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.

☆ 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.

☆ 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.

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.

☆ 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.

☆ 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.

☆ 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.

☆ Watch CNBC's full interview with Oakmark Funds' Bill Nygren
▼ + stars: | 2023-03-01 | 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 EmailWatch CNBC's full interview with Oakmark Funds' Bill NygrenOakmark Funds' Bill Nygren joins 'Squawk on the Street' to discuss where he's looking for value in the market right now.

☆ We try to find things priced much more attractively than the market, says Oakmark's Bill Nygren
▼ + stars: | 2023-03-01 | 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 try to find things priced much more attractively than the market, says Oakmark's Bill NygrenOakmark Funds' Bill Nygren joins 'Squawk on the Street' to discuss where he's looking for value in the markets right now.

☆ Oakmark fund manager likes this alternative asset firm for its ‘attractive long-term earnings growth outlook’
▼ + stars: | 2023-02-15 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Investors should take a closer look at KKR & Co. on the strength of its alternative assets business, according to Michael Nicolas, portfolio manager at Oakmark Funds. "If you kind of step back a little bit, alternatives have been taking share of invested assets for quite some time, and KKR has been taking share within alternatives," he said Wednesday on CNBC's " Squawk on the Street ." The portfolio manager at the Oakmark Equity And Income Investor fund (OAKBX) said he prefers KKR over some of its competitors, such as Blackstone and Apollo Global Management. "We think the company is extremely well managed, and has a really attractive long-term earnings growth outlook. Additionally, Nicolas said he still likes Fiserv and Willis Towers Watson , both stocks he recommended on CNBC in October .

☆ Value investor Bill Nygren says he sold some energy for new buys, including Adobe and an auto name
▼ + stars: | 2023-01-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Last year's losing market created a new host of buying opportunities for long-term value investors across different sectors, Oakmark Funds' Bill Nygren said Thursday. In the energy sector, Oakmark opted to keep positions in APA , Conocophilips and Dominion Energy , which have more non-earning assets, Nygren said. The portfolio manager then used the cash to buy Canadian auto parts manufacturer Magna International . It is a single-digit price-to-earnings stock that fell to around $60 from $100 at its high, Nygren said. MGA 1Y mountain Magna International "We think they're under earning today because of supply chain problems," Nygren said.

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