CNBC Stock Blog

RSS FEED

» Help

Subscribe to this RSS feed
Stay up to date with the CNBC Stock Blog.

Value Plays For the Rest of 2009: Strategists

Published: Friday, 26 Jun 2009 | 2:03 PM ET

Text Size

By: JeeYeon Park
CNBC News Associate

Worried you missed the latest run-up and now stocks are trading sideways? Don't fear—you can still get in the game. Donald Yacktman, president of Yacktman Asset Management, and Kent Croft, CIO of the Croft Value Fund, share their value plays for the second half of the year.

“There are still opportunities to find some companies that have very good prospects that are still selling at very reasonable valuations,” Croft told CNBC.

Croft said he is “cautiously optimistic” and the second quarter will be tough on earnings. But he said things are looking better now than they did three months ago.

“Companies generally have decent balance sheets and there are a lot of improvements,” he said. “So we feel better about going forth.”

Yacktman said he is a “bottom-up investor.”

“Our process is to find a good price and then get as much of a good business and a good management as we can. We’re bottom-up investors,” he said.

Croft Likes:

General Cable [BGC Loading... () ]—“A beneficiary of the build out and improvement of the electrical grid.”