Barron's: The Midyear Roundtable
- The cover story in this weekend's Barron's took a look at the outcome of the 2016 Midyear Roundtable.
- The panel of market experts offered 24 smart investment ideas and predictions for the rest of the year.
- Another article pondered whether a Trump presidency would be good, bad or neutral for the markets.
The panel of market experts offered 24 smart investment ideas in this week's Barron's cover story. Scott Black, Mario Gabelli, Jeffrey Gundlach, Meryl Witmer, Felix Zulauf and others shared why they expect stocks to rise 5 percent in the second half, an improved outlook for oil and retailers, and more worries about China.
"2016 Midyear Roundtable: 24 Investment Ideas" by Lauren R. Rublin pointed out that the investment ideas the Barron's Roundtable shared when they met in January mostly have performed well, compared with the Dow Jones Industrials and S&P 500 index. And the midyear update finds that the views of the panel have changed little since the beginning of this mixed bag of a year.
Gabelli shared what he likes about Sony Corp (NYSE: SNE), Textron Inc. (NYSE: TXT) and others. William Priest's picks include Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Allergan plc (NYSE: AGN). And Gundlach recommended Treasuries and gold for the time being and also predicted Donald Trump will be president.
Find out what Black sees in homebuilder D.R. Horton, Inc. (NYSE: DHI) and why Witmer favors Wyndham Worldwide Corporation (NYSE: WYN). And see why Zulauf is looking to Argentina for his ideas and why Abby Joseph Cohen has included Nike Inc (NYSE: NKE) among her picks. Brian Rogers offered Harris Corporation (NYSE: HRS) as his pick.
The article included predictions for how the rest of the year will unfold, including when the Federal Reserve will raise interest rates, what will drive stocks, the likelihood of global recession and much more. It also included links to the reports cards for recent Roundtable forecasts.
Other Feature Stories
Would a President Trump be good, bad or neutral for the economy and the markets? The answers proffered by a trio of experts show there is no consensus. Former Treasury Secretary Lawrence Summers fears a severe recession within 18 months and a global trade war. Others see the possibility of an overheated economy, causing higher inflation and interest rates.
In addition, see what Barron's feels are the prospects for ostensibly "Amazon-proof" Williams-Sonoma, Inc. (NYSE: WSM), drug wholesaler McKesson Corporation (NYSE: MCK) as it expands its lucrative specialty-drug business, LyondellBasell Industries NV (NYSE: LYB) with its cost efficiency that few can match, and T. Rowe Price Group Inc (NASDAQ: TROW) after its proxy blunder.
Disclosure: At the time of this writing, the author had no position in the mentioned equities.
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