The Bear's Dead. Here's What to Do.
On Barron's list of the top 100 fund managers in America, Arieh Coll ranks No. 8.
His four-star Eaton Vance Multi-Cap Growth Fund is up an average of 13.77 percent per year over the last five years.
You might think him a good source of ideas about investing in a bear market -- but he thinks the bear market may have ended a month ago.
Recommendations:
He likes Chinese-based solar-power company ReneSola, despite -- or possibly because of -- a recent plunge in its price.
"Investors are too pessimistic on the solar power industry," he told CNBC. "Profits might be falling, but we think they're going to rise dramatically, about 50 percent in the next year."
(Contd.)
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CNBC.com Feature:
"How to Play Emerging Markets Now"
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Also on his list, futures and options broker MF Global.
"We think they're going to earn about a dollar per share in the next year," he said. "In the next year, the stock could double."
Coll also recommends Canadian apparel manufacturer Gildan Activewear, graphics-chip maker Nvidia, and H&R Block, which this week sold its H&R Block Financial Advisors unit to Ameriprise Financial for $315 million in cash.
Disclosures:
Disclosure information for Arieh Coll was not immediately available.
