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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
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
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOakmark's Tony Coniaris breaks down his calls on these two stocksTony Coniaris, Oakmark portfolio manager, joins 'Closing Bell: Overtime' to discuss where to find value in this market.
Persons: Tony Coniaris
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
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have faith in large banks and some regionals deposit franchises, says Oakmark's Alex FitchAlex Fitch, Oakmark Select Fund portfolio manager, joins 'Squawk on the Street' to discuss his thoughts on banks during earnings season, the impact of higher rates on the regionals, and more.
Persons: Oakmark's Alex Fitch Alex Fitch
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
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
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuation triggered our decision to sell Netflix's stock, says Oakmark's Mike NicolasMike Nicolas, Oakmark portfolio manager, joins 'Squawk on the Street' to discuss the reshuffling of his portfolio, the hunt for traditional value, what triggered the sale of Netflix stock, and more.
Persons: Mike Nicolas Mike Nicolas Organizations: Netflix
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
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.
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.
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.
After the worst year for tech since 2008 , many investors questioned whether the market could move higher in the new year without the sector's cooperation. Names such as Apple , Microsoft and Amazon gained about 27%, 20% and 23% in the first quarter, respectively, as yields pushed lower. Amid this backdrop, Alphabet shares gained 17.6% in the first quarter as the company launched it's Bard chatbot rival. Not all investors view big tech so optimistically heading into the new quarter. Much of the surge in tech stocks stems from the oversold conditions created during 2022's carnage, positioning many of these stocks for a bounce, Meeks said.
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.
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.
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.
KKR & Co. is extremely well managed, says Oakmark's Mike Nicolas
  + stars: | 2023-02-15 | 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 EmailKKR & Co. is extremely well managed, says Oakmark's Mike NicolasMike Nicolas, Oakmark Portfolio Manager joins 'Squawk on the Street' to break own why KKR & Co. is a big part of his portfolio and stocks in the tech space he is interested in.
Watch CNBC's full interview with Oakmark's Mike Nicolas
  + stars: | 2023-02-15 | 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 EmailWatch CNBC's full interview with Oakmark's Mike NicolasMike Nicolas, Oakmark Portfolio Manager joins 'Squawk on the Street' to break own why KKR & Co. is a big part of his portfolio and stocks in the tech space he is interested in.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdobe is a company we have admired for a really long time, says Oakmark's Bill NygrenBill Nygren, Oakmark Portfolio Manager, joins 'Squawk on the Street' to break down what stocks the fund is keeping an eye on now.
Tips for locating value with Oakmark's Tony Coniaris
  + stars: | 2022-12-12 | 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 EmailTips for locating value with Oakmark's Tony ConiarisTony Coniaris, Oakmark Select Fund portfolio manager, joins 'Squawk on the Street' to discuss finding value in the software sector, growth value in Amazon and Google, and pricing in recession concerns.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe spread of P/E multiples is 40% wider than normal, says Oakmark's NygrenBill Nygren, Oakmark Funds, joins 'Closing Bell' to discuss if he believes the overall equity markets are cheap, if the risk of recession is reflected in the stocks he favors and his thoughts on Charter Communications.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWidening P/E ratios present new opportunities for investors, says Oakmark's Bill NygrenBill Nygren, Oakmark Funds portfolio manager, joins 'Squawk on the Street' to discuss widening PE ratios leading to new investment opportunities, thinning names that have gone to premiums like consumer nondurables, and buying more cyclical names.
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