Stock Picks: Timber, the Grid & Cisco (Pt. 1)
By: Andrew Fisher
Basic materials and the power to use them offer strong opportunities for investors, according to Kent Croft.
He's also enthusiastic about a familiar technology name.
His five-star Croft Value Fund is up an average of 12.37 percent per year over the last five years.
Recommendations:
His basic-materials theme focuses on timber.
"We think there's a number of stocks there -- Weyerhaeuser, Plum Creek, Potlatch, where the...values of the timber assets are not being realized in the share price," he said. "These companies...look very cheap, especially on a long-term basis."
Croft also likes what he sees as the under-appreciated companies likely to be involved in the rehabilitation of the nation's electric grid.
Basic materials and the power to use them offer strong opportunities for investors, according to Kent Croft. He's also enthusiastic about a familiar technology name.
