Latest news with #KenFisher
AU Financial Review
4 days ago
- Business
- AU Financial Review
Texan investment giant's $1b buy order pumps up CBA's share price
A Texas-headquartered investment manager has spent as much as $1 billion buying up Commonwealth Bank shares over the past fortnight, helping push the market capitalisation of the lending giant over $300 billion. Fisher Investments, founded by billionaire stockpicker Ken Fisher in 1979, manages more than $US299 billion ($459 billion) for thousands of clients. Sources said Fisher was buying on behalf of clients who wanted to increase the exposure of their share portfolios beyond volatile markets in the United States.
Yahoo
30-05-2025
- Business
- Yahoo
5 Stocks To Buy in a Bear Market
Whenever the stock market goes through extreme ups and downs — as they have so far in 2025 — you're likely to hear warnings of a coming bear market. Even if current market conditions were normal, you might still hear bear market chatter because Wall Street may be about due for one. The last S&P 500 bear market happened in 2022 and ran from early January to mid-October, PBS reported. On average, bear markets tend to come around about every 3 1/2 years, according to Hartford Funds. Read Next: Check Out: Read on for more details about whether a bear market is coming as well as five stocks that may be good to own in one. Based on that timetable, a bear market could be due within the next year or so — but it could arrive even sooner because of market and tariff uncertainty. In an April interview with TheStreet, veteran fund manager Ken Fisher made the case for a bull market in 2025. But he also said the U.S. will 'probably get a bear market and recession' if President Donald Trump's administration moves forward with a trade war. The stock market has already seen a correction this year, TheStreet noted. This means there was a decline of at least 10% from recent market highs. A bear market typically happens when stock prices fall 20% from recent market highs, according to Fidelity. If you're worried about a bear market, keep an eye on the S&P 500. It's up only slightly this year thanks to a recent rally. But the index hit a 2025 closing low of 4,982.77 on April 8 — down 19% from its closing high of 6,144.15 on Feb. 19. That kind of extreme dip had many experts sounding the alarm about a coming bear market. If Wall Street eventually moves into bear territory, some experts recommend gravitating toward large cap stocks with steady profits and an entrenched market position. You could also seek out stocks that pay dividends to have some source of income in a down market. 'Cut the weaker names, and rotate into companies with strong fundamentals,' said Edward Corona, a Florida-based trader and publisher of The Options Oracle Newsletter. Here are five stocks to consider buying in a bear market, along with a few of their important metrics. Learn More: Closing price (May 29): $172.96 Five-year return (through May 29): 142.08% Dividend yield (as of March 10): 0.47% Closing price (May 29): $199.95 Five-year return (through May 29): 151.56% Dividend yield (as of May 12): 0.52% Closing price (May 29): $311.86 Five-year return (through May 29): 67.38% Dividend yield (as of May 29): 2.26% Closing price (May 29): $458.68 Five-year return (through May 29): 150.30% Dividend yield (as of May 15): 0.72% Closing price (May 29): $97.10 Five-year return (through May 29): 134.81% Dividend yield (as of May 29): 0.97% Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses This article originally appeared on 5 Stocks To Buy in a Bear Market Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Ken Fisher's Strategic Moves: Amazon.com Inc. Sees a -1.1% Portfolio Impact
Ken Fisher (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Ken Fisher (Trades, Portfolio) is the Chief Executive Officer and Chief Investment Officer of Fisher Investments. He has been writing Forbes' prestigious "Portfolio Strategy" column for over two decades, making him one of the longest-running columnists in the magazine's 85+ year history. During his many years of money management and market commentary, Ken has distinguished himself by making numerous, accurate market calls, often in direct opposition to Wall Street's consensus forecast. He is the son of legendary investor Philip A. Fisher, and Ken is the only industry professional his father ever trained. Ken has also written three major finance books, including the 1984 Dow Jones best-seller, Super Stocks, and has been published and/or interviewed in many major global finance and business periodicals. The investment philosophy at Fisher Investments is based on the idea that supply and demand of securities is the sole determinant of their pricing. Furthermore, they believe that all widely known information has already been priced into the market. The way to add value, according to the Fisher strategy, is to "identify information not widely known, or to interpret widely known information differently and correctly from other market participants." Fisher Investments employs a team of research analysts to accomplish these tasks. Ken Fisher (Trades, Portfolio) added a total of 117 stocks, among them: The most significant addition was Spotify Technology SA (NYSE:SPOT), with 2,028,898 shares, accounting for 0.48% of the portfolio and a total value of $1.12 billion. The second largest addition to the portfolio was HSBC Holdings PLC (NYSE:HSBC), consisting of 15,612,574 shares, representing approximately 0.39% of the portfolio, with a total value of $896.63 million. The third largest addition was Lloyds Banking Group PLC (NYSE:LYG), with 132,122,777 shares, accounting for 0.22% of the portfolio and a total value of $504.71 million. Ken Fisher (Trades, Portfolio) also increased stakes in a total of 398 stocks, among them: The most notable increase was SAP SE (NYSE:SAP), with an additional 7,875,567 shares, bringing the total to 12,993,705 shares. This adjustment represents a significant 153.88% increase in share count, a 0.92% impact on the current portfolio, with a total value of $3.49 billion. The second largest increase was UBS Group AG (NYSE:UBS), with an additional 45,938,949 shares, bringing the total to 49,975,870. This adjustment represents a significant 1,137.97% increase in share count, with a total value of $1.53 billion. Ken Fisher (Trades, Portfolio) completely exited 87 of the holdings in the first quarter of 2025, as detailed below: United Microelectronics Corp (NYSE:UMC): Ken Fisher (Trades, Portfolio) sold all 7,300,362 shares, resulting in a -0.02% impact on the portfolio. H&E Equipment Services Inc (NASDAQ:HEES): Ken Fisher (Trades, Portfolio) liquidated all 348,656 shares, causing a -0.01% impact on the portfolio. Ken Fisher (Trades, Portfolio) also reduced positions in 435 stocks. The most significant changes include: Reduced Inc (NASDAQ:AMZN) by 12,580,834 shares, resulting in a -27.86% decrease in shares and a -1.1% impact on the portfolio. The stock traded at an average price of $217 during the quarter and has returned -7.80% over the past 3 months and -3.90% year-to-date. Reduced Advanced Micro Devices Inc (NASDAQ:AMD) by 22,735,111 shares, resulting in a -94.39% reduction in shares and a -1.09% impact on the portfolio. The stock traded at an average price of $111.19 during the quarter and has returned 4.32% over the past 3 months and -2.32% year-to-date. At the first quarter of 2025, Ken Fisher (Trades, Portfolio)'s portfolio included 999 stocks, with top holdings including 5.12% in Apple Inc (NASDAQ:AAPL), 4.26% in NVIDIA Corp (NASDAQ:NVDA), 4.09% in Microsoft Corp (NASDAQ:MSFT), 3.45% in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT), and 2.68% in Inc (NASDAQ:AMZN). The holdings are mainly concentrated in 10 of all the 11 industries: Technology, Financial Services, Healthcare, Industrials, Energy, Consumer Cyclical, Communication Services, Consumer Defensive, Basic Materials, 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Here's Why Regal Rexnord Corporation (RRX) Fell in Q1
Diamond Hill Capital, an investment management company, released its 'Large Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets exhibited a mixed performance in Q1 as the new presidential administration generated significant buzz with a flurry of actions, leaving investors uncertain about the future direction. The portfolio trailed the Russell 1000 Value Index benchmark in Q1. The strategy returned 1.36% (net) vs 2.14% returns for the index. To get an idea of the fund's best choices for 2025, check out its top 5 positions. In its first-quarter 2025 investor letter, Diamond Hill Large Cap Fund highlighted stocks such as Regal Rexnord Corporation (NYSE:RRX). Regal Rexnord Corporation (NYSE:RRX) is a global manufacturer of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air-moving products, and specialty electrical components and systems. The one-month return of Regal Rexnord Corporation (NYSE:RRX) was 33.59%, and its shares lost 17.29% of their value over the last 52 weeks. On May 9, 2025, Regal Rexnord Corporation (NYSE:RRX) stock closed at $134.22 per share with a market capitalization of $8.904 billion. Diamond Hill Large Cap Fund stated the following regarding Regal Rexnord Corporation (NYSE:RRX) in its Q1 2025 investor letter: "Among our bottom Q1 individual contributors were Regal Rexnord Corporation (NYSE:RRX) and Target. Power transmission components manufacturer Regal Rexnord faced pressure amid growing tariff-related concerns. Generally, its organic growth has held up better than peers', and though its leverage is somewhat elevated, merger synergies and debt paydown rates are beating expectations — factors which should position it well relative to competitors. We believe the recent weakness has been an overreaction and maintain our conviction in our thesis." A technician inspecting a specialized industrial machinery in an engineering lab. Regal Rexnord Corporation (NYSE:RRX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held Regal Rexnord Corporation (NYSE:RRX) at the end of the fourth quarter which was 30 in the previous quarter. Regal Rexnord Corporation's (NYSE:RRX) organic sales increased by 0.7% year-over-year basis (see the details here). While we acknowledge the potential of Regal Rexnord Corporation (NYSE:RRX) 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 timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Regal Rexnord Corporation (NYSE:RRX) and shared Billionaire Ken Fisher's industrial stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-05-2025
- Business
- Yahoo
Billionaire fund manager sends hard-nosed message on recession in 2025
Stocks were hard hit after President Trump announced broad-based tariffs on April 2nd, the so-called 'Liberation Day.' The announcement included tariff rates much higher than expected, causing investors to rethink their outlooks for the U.S. economy and corporate earnings. The stock market hit came amid recent data already showing that the U.S. economy is slowing, increasing the possibility that higher inflation caused by tariffs may push us into recession. Related: Veteran analyst who predicted gold prices would rally offers a blunt new forecast The potential that the U.S. economy could deliver a blow to corporate America's revenue and profit has caught the attention of veteran Wall Street fund manager Ken Fisher, the billionaire founder of Fisher Investments, a money management firm with $295 billion in assets under management. Fisher recently updated his recession outlook for this year. His opinion is worth considering because he's been navigating the stock market professionally since the 1970s, giving him a front-row seat to the S&L crisis, internet bust, Great Financial Crisis, Covid meltdown, and 2022's bear market. The stock market is struggling as recession worry grows in source: Michael M. Santiago/Getty Images Will the Federal Reserve be wrong on interest rates again? The Federal Reserve may soon find itself behind the curve yet again. In 2021, Federal Reserve Chairman Jerome Powell made the mistake of thinking that sparks of inflation were "transitory," only to be forced to embrace the most restrictive monetary policy since the 1980s in 2022. Related: Billionaire fund manager delivers blunt message on U.S. vs. Europe Now, Powell and other Fed members similarly describe the impact of tariffs on inflation as "transitory." It will be a while before we know if that's true, but there's little doubt among economists that, transitory or not, inflation is heading higher because of Trump's tariff plans. Given that inflation is cumulative, the impact over the past three years is still being felt. Inflation has slowed below 3%, far below its 8% peak in 2022, but since inflation stacks on top of past increases, pressure on consumers is high. Unfortunately, the Fed finds itself backed into a corner. Its dual mandate is low inflation and unemployment, and those two goals often contradict each other. Raising interest rates to fight inflation increases unemployment, and cutting rates is inflationary. Since unemployment is rising and economic data suggests GDP is slowing, the Fed may be inclined to cut rates. However, because tariffs already risk igniting inflation, the Fed appears hesitant to add more fuel to the inflationary fire.
