Latest news with #DavidHerro
Yahoo
29-05-2025
- Business
- Yahoo
David Herro's Strategic Moves: BNP Paribas Reduced by 1.5%
David Herro (Trades, Portfolio) recently submitted the N-PORT filing for the first quarter of 2025, providing insights into his investment moves during this period. David Herro (Trades, Portfolio) has been a manager of the Oakmark International Fund (OAKIX) since 1992, the Oakmark International Small Cap Fund (OAKEX) since 1995, and the Oakmark Global Select Fund (OAKWX) since 2006. He is also the Chief Investment Officer for International Equities at Harris Associates, which he joined in 1992. His career honors include being named Morningstar's International Stock Fund Manager of the Year in 2006 and International Stock Fund Manager of the Decade for 2000-09. Mr. Herro has an M.A. in Economics from the University of Wisconsin-Milwaukee (1985) and a B.S. in Business/Economics from the University of Wisconsin-Platteville (1983). His investment philosophy focuses on buying businesses trading at a significant discount to intrinsic value, investing in companies expected to grow shareholder value, and partnering with management teams that act as owners. Warning! GuruFocus has detected 6 Warning Sign with XPAR:BNP. David Herro (Trades, Portfolio) added a total of 5 stocks, among them: The most significant addition was Flutter Entertainment PLC (NYSE:FLUT), with 390,700 shares, accounting for 0.67% of the portfolio and a total value of $86,559,590 million. The second largest addition to the portfolio was Asahi Group Holdings Ltd (TSE:2502), consisting of 3,475,700 shares, representing approximately 0.35% of the portfolio, with a total value of ?44,407,520. The third largest addition was Lvmh Moet Hennessy Louis Vuitton SE (XPAR:MC), with 23,600 shares, accounting for 0.11% of the portfolio and a total value of 14,614,960. David Herro (Trades, Portfolio) also increased stakes in a total of 11 stocks, among them: The most notable increase was KB Financial Group Inc (XKRX:105560), with an additional 2,751,300 shares, bringing the total to 3,153,700 shares. This adjustment represents a significant 683.72% increase in share count, a 1.16% impact on the current portfolio, with a total value of ?170,942,240. The second largest increase was Ashtead Group PLC (LSE:AHT), with an additional 2,377,787 shares, bringing the total to 3,803,900. This adjustment represents a significant 166.73% increase in share count, with a total value of 205,664,490. David Herro (Trades, Portfolio) completely exited 4 holdings in the first quarter of 2025, as detailed below: Liberty Global Ltd (NASDAQ:LBTYA): David Herro (Trades, Portfolio) sold all 5,227,791 shares, resulting in a -0.45% impact on the portfolio. Bunzl PLC (LSE:BNZL): David Herro (Trades, Portfolio) liquidated all 411,500 shares, causing a -0.11% impact on the portfolio. David Herro (Trades, Portfolio) also reduced positions in 53 stocks. The most significant changes include: Reduced BNP Paribas (XPAR:BNP) by 3,657,884 shares, resulting in a -38.33% decrease in shares and a -1.5% impact on the portfolio. The stock traded at an average price of 69.43 during the quarter and has returned 11.85% over the past 3 months and 37.62% year-to-date. Reduced CNH Industrial NV (NYSE:CNH) by 14,278,300 shares, resulting in a -31.24% reduction in shares and a -1.08% impact on the portfolio. The stock traded at an average price of $12.54 during the quarter and has returned 0.05% over the past 3 months and 13.74% year-to-date. At the first quarter of 2025, David Herro (Trades, Portfolio)'s portfolio included 70 stocks. The top holdings included 3.83% in BNP Paribas (XPAR:BNP), 3.67% in Bayer AG (XTER:BAYN), 3.17% in Kering SA (XPAR:KER), 3.01% in CNH Industrial NV (NYSE:CNH), and 2.98% in Continental AG (XTER:CON). The holdings are mainly concentrated in 9 of the 11 industries: Industrials, Financial Services, Consumer Cyclical, Healthcare, Consumer Defensive, Technology, Basic Materials, Communication Services, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
Yahoo
30-01-2025
- Business
- Yahoo
Is Alibaba Group Holding Limited (BABA) the Best Asian Stock to Invest in According to Analysts?
We recently compiled a list of the . In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other best Asian stocks to invest in according to analysts. Asian markets traded mixed on Friday, January 24 as investors digested a series of economic reports from China, which showed robust growth in the fourth quarter of 2024. The country's economy expanded by 5.4%, surpassing expectations and contributing to a full-year growth rate of 5%, according to China's National Bureau of Statistics. Key economic indicators from China were particularly encouraging. Retail sales in December jumped 3.7% year-on-year, exceeding the forecast of 3.5%. Industrial output also expanded 6.2% year-on-year, higher than the anticipated 5.4%. This positive economic data was a significant driver of market sentiment across the region and provided a strong tailwind for market performance, especially in markets closely tied to China's economic health. Japan's Nikkei 225, however, ended the day down 0.31% at 38,451.46, while the Topix lost 0.33% to 2,679.42. Despite the positive economic data from China, Japanese markets were influenced by broader global factors and domestic economic concerns. South Korea's Kospi closed slightly lower, falling 0.16% to 2,523.55, while the tech-focused Kosdaq edged up 0.06% to 724.69. READ ALSO: 12 Most Promising Green Stocks According to Hedge Funds and 10 Worst Performing Energy Stocks in 2024. In an interview with CNBC on January 15, David Herro, Partner and Portfolio Manager at Harris Associates, discussed the potential opportunities in international markets. Herro noted that while U.S. stocks have been the center of attention and have seen significant gains over the past decade, international equities, offer attractive investment opportunities due to their undervalued nature and growth potential. Herro emphasized that the valuation differential between U.S. and international stocks has become quite large, creating pockets of opportunity for investors. Many international stocks are trading at attractive multiples, with earnings ratios of about 10 times, and these valuations are based on projected earnings growth of around 10%. This combination of low multiples and reasonable growth expectations makes international equities almost irresistible for investors. Herro pointed out that the growth rates of international companies are not solely dependent on their home markets but are influenced by their global operations. For instance, many Asian companies, particularly in sectors such as technology, manufacturing, and consumer goods, have a significant presence in global markets. This global diversification can provide robust growth opportunities, even in the face of local economic challenges. He also highlighted the importance of considering the fundamentals of individual companies rather than just the macroeconomic conditions of their home countries. Many companies, despite operating in regions with varying economic conditions, have strong business models and are positioned to benefit from global trends such as digitalization, urbanization, and rising consumer spending. As investors seek opportunities beyond the U.S., Asian markets stand out as promising destinations for long-term growth. An e-commerce platform displaying a wide range of products to customers online. To compile our list of the 10 best Asian stocks to invest in according to analysts, we used Finviz and Yahoo stock screeners to identify the 30 largest Asian companies. From that list, we narrowed our choices to the 10 companies that analysts see the most upside to. We also included their stock price as of January 27 and their hedge fund sentiment, which was taken from Insider Monkey's Hedge Fund database of 900 elite hedge funds as of Q3 of 2024. The list is sorted in ascending order of analysts' average upside potential as of January 27. Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Upside Potential: 34.40% Stock Price as of January 27: $89.99 Number of Hedge Fund Holdings: 115 Alibaba Group Holding Limited (NYSE:BABA) is a Chinese global leader in e-commerce, cloud computing, and digital entertainment. The company's platforms, such as Taobao and Tmall, are household names in China and serves millions of customers daily. Furthermore, the company operates and Aliexpress which have a significant presence in more than 190 countries and regions. Alibaba Group Holding Limited's (NYSE:BABA) cloud computing division, Alibaba Cloud, is one of the largest in the world, providing scalable IT solutions to businesses. The company also has interests in digital media, logistics, and fintech. Alibaba Group Holding Limited (NYSE:BABA) is focused on enhancing the user experience across its platforms, particularly Taobao and Tmall. The company aims to drive higher purchase frequency and customer loyalty through initiatives such as the 88VIP Club loyalty program. Additionally, Alibaba Group Holding Limited (NYSE:BABA) is making significant investments in advanced technology and AI infrastructure to provide more reliable and cost-effective AI-driven solutions across various industries. The company has introduced industry-standard software service fees and expanded the use of Quanzhantui, its AI-powered marketing tool, to help merchants improve marketing efficiency. Furthermore, Alibaba Group Holding Limited (NYSE:BABA) is working to enhance the operational efficiency of its unprofitable segments, including local services and digital media and entertainment. The company is also strengthening collaboration across its business units, particularly in global logistics, to create a more integrated and streamlined ecosystem. Overall BABA ranks 5th on our list of the best Asian stocks to invest in according to analysts. While we acknowledge the potential of BABA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BABA but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at .
Yahoo
30-01-2025
- Business
- Yahoo
Is ASE Technology Holding Co., Ltd. (ASX) the Best Asian Stock to Invest in According to Analysts?
We recently compiled a list of the . In this article, we are going to take a look at where ASE Technology Holding Co., Ltd. (NYSE:ASX) stands against other best Asian stocks to invest in according to analysts. Asian markets traded mixed on Friday, January 24 as investors digested a series of economic reports from China, which showed robust growth in the fourth quarter of 2024. The country's economy expanded by 5.4%, surpassing expectations and contributing to a full-year growth rate of 5%, according to China's National Bureau of Statistics. Key economic indicators from China were particularly encouraging. Retail sales in December jumped 3.7% year-on-year, exceeding the forecast of 3.5%. Industrial output also expanded 6.2% year-on-year, higher than the anticipated 5.4%. This positive economic data was a significant driver of market sentiment across the region and provided a strong tailwind for market performance, especially in markets closely tied to China's economic health. Japan's Nikkei 225, however, ended the day down 0.31% at 38,451.46, while the Topix lost 0.33% to 2,679.42. Despite the positive economic data from China, Japanese markets were influenced by broader global factors and domestic economic concerns. South Korea's Kospi closed slightly lower, falling 0.16% to 2,523.55, while the tech-focused Kosdaq edged up 0.06% to 724.69. READ ALSO: 12 Most Promising Green Stocks According to Hedge Funds and 10 Worst Performing Energy Stocks in 2024. In an interview with CNBC on January 15, David Herro, Partner and Portfolio Manager at Harris Associates, discussed the potential opportunities in international markets. Herro noted that while U.S. stocks have been the center of attention and have seen significant gains over the past decade, international equities, offer attractive investment opportunities due to their undervalued nature and growth potential. Herro emphasized that the valuation differential between U.S. and international stocks has become quite large, creating pockets of opportunity for investors. Many international stocks are trading at attractive multiples, with earnings ratios of about 10 times, and these valuations are based on projected earnings growth of around 10%. This combination of low multiples and reasonable growth expectations makes international equities almost irresistible for investors. Herro pointed out that the growth rates of international companies are not solely dependent on their home markets but are influenced by their global operations. For instance, many Asian companies, particularly in sectors such as technology, manufacturing, and consumer goods, have a significant presence in global markets. This global diversification can provide robust growth opportunities, even in the face of local economic challenges. He also highlighted the importance of considering the fundamentals of individual companies rather than just the macroeconomic conditions of their home countries. Many companies, despite operating in regions with varying economic conditions, have strong business models and are positioned to benefit from global trends such as digitalization, urbanization, and rising consumer spending. As investors seek opportunities beyond the U.S., Asian markets stand out as promising destinations for long-term growth. A close up of a high-tech chip, intricate details of its single layers visible. To compile our list of the 10 best Asian stocks to invest in according to analysts, we used Finviz and Yahoo stock screeners to identify the 30 largest Asian companies. From that list, we narrowed our choices to the 10 companies that analysts see the most upside to. We also included their stock price as of January 27 and their hedge fund sentiment, which was taken from Insider Monkey's Hedge Fund database of 900 elite hedge funds as of Q3 of 2024. The list is sorted in ascending order of analysts' average upside potential as of January 27. Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Upside Potential: 27.95% Stock Price as of January 27: $9.73 Number of Hedge Fund Holdings: 12 ASE Technology Holding Co., Ltd. (NYSE:ASX) is a Taiwan-based global leader in semiconductor packaging and testing. The company provides advanced electronics manufacturing services to some of the world's leading technology firms in the computing, telecommunications, and automotive industries. ASE Technology Holding Co., Ltd.'s (NYSE:ASX) expertise lies in offering cutting-edge solutions such as chip-on-chip packaging, system-in-package, and wafer-level packaging. ASE Technology Holding Co., Ltd. (NYSE:ASX) is investing heavily in building new capacity and upgrading its existing facilities to meet the increasing demand for advanced chip-on-chip packaging services. The company is also strengthening its partnerships with major semiconductor companies, including foundries and fabless companies, to secure new business opportunities and expand its customer base. Additionally, ASE Technology Holding Co., Ltd. (NYSE:ASX) is developing new technologies and capabilities, such as 2.5D and 3D packaging, to enhance its competitiveness and provide more value-added services to its customers. Another key area of focus for ASE Technology Holding Co., Ltd. (NYSE:ASX) is its test business, which is expected to play a crucial role in the company's growth strategy. The company is investing in new test technologies and capabilities, such as wafer sort and final test, to expand its test services and increase its market share. The company is also developing its turnkey business model, which provides customers with a comprehensive range of services from design to manufacturing, to increase its revenue and profitability. Furthermore, ASE Technology Holding Co., Ltd. (NYSE:ASX) is exploring new opportunities in emerging markets, such as artificial intelligence (AI), high-performance computing (HPC), and the Internet of Things (IoT), to diversify its revenue streams and reduce its dependence on traditional markets. Overall ASX ranks 9th on our list of the best Asian stocks to invest in according to analysts. While we acknowledge the potential of ASX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ASX but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) the Best Asian Stock to Invest in According to Analysts?
We recently compiled a list of the . In this article, we are going to take a look at where Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) stands against other best Asian stocks to invest in according to analysts. Asian markets traded mixed on Friday, January 24 as investors digested a series of economic reports from China, which showed robust growth in the fourth quarter of 2024. The country's economy expanded by 5.4%, surpassing expectations and contributing to a full-year growth rate of 5%, according to China's National Bureau of Statistics. Key economic indicators from China were particularly encouraging. Retail sales in December jumped 3.7% year-on-year, exceeding the forecast of 3.5%. Industrial output also expanded 6.2% year-on-year, higher than the anticipated 5.4%. This positive economic data was a significant driver of market sentiment across the region and provided a strong tailwind for market performance, especially in markets closely tied to China's economic health. Japan's Nikkei 225, however, ended the day down 0.31% at 38,451.46, while the Topix lost 0.33% to 2,679.42. Despite the positive economic data from China, Japanese markets were influenced by broader global factors and domestic economic concerns. South Korea's Kospi closed slightly lower, falling 0.16% to 2,523.55, while the tech-focused Kosdaq edged up 0.06% to 724.69. READ ALSO: 12 Most Promising Green Stocks According to Hedge Funds and 10 Worst Performing Energy Stocks in 2024. In an interview with CNBC on January 15, David Herro, Partner and Portfolio Manager at Harris Associates, discussed the potential opportunities in international markets. Herro noted that while U.S. stocks have been the center of attention and have seen significant gains over the past decade, international equities, offer attractive investment opportunities due to their undervalued nature and growth potential. Herro emphasized that the valuation differential between U.S. and international stocks has become quite large, creating pockets of opportunity for investors. Many international stocks are trading at attractive multiples, with earnings ratios of about 10 times, and these valuations are based on projected earnings growth of around 10%. This combination of low multiples and reasonable growth expectations makes international equities almost irresistible for investors. Herro pointed out that the growth rates of international companies are not solely dependent on their home markets but are influenced by their global operations. For instance, many Asian companies, particularly in sectors such as technology, manufacturing, and consumer goods, have a significant presence in global markets. This global diversification can provide robust growth opportunities, even in the face of local economic challenges. He also highlighted the importance of considering the fundamentals of individual companies rather than just the macroeconomic conditions of their home countries. Many companies, despite operating in regions with varying economic conditions, have strong business models and are positioned to benefit from global trends such as digitalization, urbanization, and rising consumer spending. As investors seek opportunities beyond the U.S., Asian markets stand out as promising destinations for long-term growth. A powerful aerial view of the company's data center, exemplifying the digital services and informatics being offered. To compile our list of the 10 best Asian stocks to invest in according to analysts, we used Finviz and Yahoo stock screeners to identify the 30 largest Asian companies. From that list, we narrowed our choices to the 10 companies that analysts see the most upside to. We also included their stock price as of January 27 and their hedge fund sentiment, which was taken from Insider Monkey's Hedge Fund database of 900 elite hedge funds as of Q3 of 2024. The list is sorted in ascending order of analysts' average upside potential as of January 27. Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Upside Potential: 28.68% Stock Price as of January 27: $17.33 Number of Hedge Fund Holdings: 7 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK), also known as Telkom Indonesia is the largest telecommunications and network provider in Indonesia. The company offers a wide range of services, including fixed-line telephony, broadband internet, and mobile communications. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) plays a vital role in the country's digital infrastructure. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) is actively pursuing a comprehensive digital transformation agenda through its '5 Bold Moves' strategy, which was launched in 2022. This strategy focuses on reorganizing the company's structure, optimizing operations, and enhancing customer experience. One of the key initiatives under this strategy is the Group Procurement initiative, which has significantly improved the efficiency of capital expenditure (CapEx) for devices and networks. This has allowed Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) to serve a broader market segment, particularly in its Consumer business, while also reducing costs and enhancing the digital content offering. The company is also investing heavily in talent rejuvenation which has led to a more dynamic and skilled workforce. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) has also been implementing a Fixed Mobile Convergence (FMC) strategy. This involves integrating its fixed and mobile services to create a seamless and integrated customer experience. The FMC initiative has already shown promising results and a significant increase in fixed broadband customers. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) is also exploring partnerships to manage its data center business, aiming to enhance its position in the market and leverage the expertise of its partners. Additionally, the company has established PT Telkom Infrastruktur Indonesia as an Infrastructure Managed Service entity. This initiative will enable the company to invest in additional infrastructure while maintaining a healthy financial position. Overall TLK ranks 8th on our list of the best Asian stocks to invest in according to analysts. While we acknowledge the potential of TLK as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TLK but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at .
