Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Barron's headline: The Market Carnage May Not Be Over, but Fund Managers Are Already Buying These Types of Stocks

The worry of the month is that the U.S. is headed for a recession, but several fund managers at this week’s Morningstar Investment Conference said they don’t expect a severe slowdown. They are starting to hunt for bargains in the hard-hit tech sector and among industrial companies.

Kate Moore, head of thematic strategy for BlackRock ’s Global Allocation Team, said at a panel discussion in Chicago that corporate balance sheets and behavior so far don’t suggest a significant decline in economic activity. T. Rowe Price Capital Appreciation manager David Giroux also isn’t too worried about a severe recession, but he says more declines are possible for technology companies that had been selling at lofty valuations without much prospect for profits in the foreseeable future. Those stocks are still expensive, he said.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.