Top stock-market newsletter editors including the IAS's Doug Gerlach share gems from their 'buy' lists.
IAS was one of the top-performing newsletters profiled in this piece on the Marketwatch network:
Stock-newsletter writers are the market’s unsung heroes. They don’t grab the attention that legendary investors such as Warren Buffett or Bill Ackman do. But they should, because many of them post excellent returns. So, each year around this time I check in with three of the best for a market outlook and favorite stock positions. A few caveats: All three editors are reluctant to make market calls, given how tough it is to predict. But with a little cajoling, they relented. Next, while editors singled out two stock investments each, they all stress the need for broad diversification to reduce single-stock risk.
The article continues:
Investment approach: Editor Doug Gerlach and his team look for companies with durable competitive advantages, strong balance sheets and the ability to generate cash flow throughout the economic cycle. Market call: Gerlach believes investors overall are cautious. This bodes well for the market, in a contrarian sense. Key bullish drivers remain in place, he says, pointing to AI spending, economic strength, a reasonably strong labor market, consumer spending, manageable inflation and the promise of further Federal Reserve interest-rate cuts. Favorite positions: Gerlach singles out two...
Read the full article here on Marketwatch or here on Morningstar.