Tom Forester, portfolio manager of the 5-star Morningstar rated Forester Value Fund, shared his investment strategy and stock picks.
“Largely, companies have done a great job of cutting costs and that’s helped their earnings and I think we’re expecting strong earnings this quarter,” Forester told CNBC.
“The question out there is revenue growth. I think the larger companies will do well or okay, and the small companies will lag on that.”
CNBC Data Pages:
Forester expects to see more investors shift back into larger companies by year-end.
“We’re in the ‘show me’ stage of the market,” he said. “We’re starting to move some chips from the aggressive side to the neutral side.”
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Forester owns MSFT, HPQ, WMT, TRV indirectly via owning his FVALX fund.