Barron's Recap: The Fall Big Money Poll Reveals Bulls
"Bulls Dominate Our Fall Big Money Poll" –Jack Willoughby.
This week's cover story in Barron's says that America's money managers have growth more bullish since the summer swoon. That is the finding of the latest Barron's Big Money Poll. Participants see the market rising another 7 percent by next summer, with rebounding financials and energy leading the way.
See why the poll's respondents think bonds look risky, and why they favor Jeb Bush and Marco Rubio. Also, see why they think the Federal Reserve should hike interest rates soon.
In "Michael Dell Strikes Again," Andrew Bary suggested that, unlike the leveraged buyout of Dell in 2013, the proposed buyout of EMC Corporation seems fair. See how investors who buy in now and hang on until the deal closes could make up to 11 percent.
"Fifth Third Is Banking's Best Turnaround Story" by Avi Salzman pointed out that this Cincinnati bank is clearing regulatory and tech hurdles. Trimming its branch network and shifting its focus to commercial banking could help lift Fifth Third Bancorp shares by 25 percent.
Alexander Eule's "The Best Play in Wireless Is Real Estate" made a case that wireless tower companies trade at a discount to real estate investment trusts (REITs), offering up to 20 percent upside. See why wireless data growth is good for American Tower Corp (NYSE: AMT) and others.
The value of Tribune Media Co's attractive assets is not reflected in its shares, said "Tribune Media at a 50 percent Discount" by David Englander. Trading recently at $38, the stock could be worth as much as $85 per share on a sum-of-the-parts basis.
In Lawrence C. Strauss's "More Than Munis' Coupons," Pimco veteran Joe Deane is profiled. Deane told Barron's why he focuses on the reality of what is backing up municipal bonds. And on the Municipal Bond fund, he teams up with David Hammer.
The CEO spotlight is turned on Omar Ishrak of Medtronic PLC in Reshma Kapadia's "Medtronic CEO Plots a Health-Care Revolution." Ishrak positioned the medical-device maker to be a leader in value-based health care and wins praise from former boss Jeffrey Immelt.
Check out "Financial Specialist Chris Davis' Stock Picks," in which Sarah Max interviewed the head of Davis Advisors, which runs the Davis Financial and Davis New York Venture funds. This big fan of Jamie Dimon shares some of his current picks, including JPMorgan Chase & Co.
"The Challenge of Inaction" is an editorial commentary by Thomas G. Donlan in which he discussed how this year's winner of the Nobel Prize in economics offers a stern choice between helping and helping too much.
Follow-up article "JPMorgan Shares Headed 20 percent Higher" discussed why the turnaround at this "best-of-breed bank" is still intact, despite mildly disappointing third-quarter results. It's hard to beat a management team that arguably is the industry's best, for 10 times estimated 2016 earnings, and with an almost 3 percent dividend yield.
In Barron's Asia: "Saudi Arabia of Milk Shakes Off Dairy Gloom" by Wayne Arnold looked at how the New Zealand dollar and stocks are rising as a delay in a U.S. interest rate hike lures investors to embrace risk.
Columns in this weekend's Barron's discuss:
- The Dell-EMC and Anheuser Busch Inbev-SABMiller mega-mergers
- Whether bank stocks could suffer on rate hikes
- The forecast for coming tech earnings
- Five great overlooked funds worth a look now
- Why equal-weight exchange traded funds require patience
- The past week's dividend hikes
- Reasons the Fed should raise rates now
At the time of this writing, the author had no position in the mentioned equities.
Image Credit: Public Domain
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.