We think the acquisition of Merrill's international wealth management arm has created a buying opportunity.
Different sectors within the industry require different skill sets to gain a competitive edge.
The macro outlook is cloudy but we think steel valuations should look appealing to investors with a longer time horizon.
In a market cycle driven by macro headlines, investors continue to hedge their exposure.
Weaker ETF demand for bullion has been offset by stronger physical and official sector demand. Meanwhile, gold miners continue to lag bullion, but we see pockets of opportunity.
As the company divests itself of its capital-intensive commodity chemical business, its sales mix will shift in the right direction.
Shifting economics and supply dynamics provide growth opportunities.
With power market reform in the wings and big questions around multi-billion-dollar investments in nuclear stations, EDF has some big challenges on its hands. But we believe its expertise, political clout, and size will keep the group on track and provide profitable growth for investors.
While margins are likely to come under pressure as the top line stabilizes, cash flow should remain sound for the foreseeable future.
Although initiatives have promise, the economic backdrop gives us pause.
Opportunity awaits consumer companies in emerging markets, but infrastructure and financing hurdles require long-term perspective.
A lot, actually. This automaker has tremendous upside as it fights industry headwinds and transforms itself into a global presence.
We believe that emerging markets' strong competitive advantages aren't being recognized by the investment community.
While exceptionally hot and dry weather in the U.S Corn Belt has sent crop prices soaring, the final impact on agriculture stocks will depend on what happens to farmers' wallets.
With International Power fully in the fold, we think this global energy company is set to leave its diversified peers behind.
While near-term earnings are depressed, this company has strong and sustainable competitive advantages for the production of highway deicing salt and sulfate of potash specialty fertilizer.
While Brown-Forman's iconic Jack Daniel's brand is the cornerstone of its wide moat, we believe the firm's shares are currently overvalued.
After the upstart firm's grand entrance, the French wireless market is returning to normal, leaving incumbent players France Telecom, Vivendi, and Bouygues with the lion's share of upside.
Industry's near-term outlook is poor, but attractive trends and a differentiated business model help this company stand out.
After shedding 36% since March, the post-first-quarter sell-off represents a compelling entry point to this wide-moat firm's stock.
Slumping regional aircraft sales are weighing on the stock, but we think this provides a good entry point for investors.
Low-expectations stock deserves a fresh look as strong TV content positions the firm well with additional distribution possibilities.
A compelling value bet: Buying Cullen/Frost, selling Texas Capital.
This casino operator's leading position in China creates opportunity for value investors who have a 2- to 3-year investment horizon.
We like this home improvement giant's efficiency overhaul.
IT firm's strong momentum isn't reflected at current valuation levels.
Not only does the firm face headwinds in the United States, but we view its push for international expansion as a long-term money loser.
Deep discounts are hard to ignore, but investors should steer clear.
This wide-moat firm provides a high-quality opportunity for investors.
But growth prospects are more muted, and we believe the shares are fairly valued.
The company has become a formidable force in the hybrid seed market.
A global reach and broad product offerings underlie the company's narrow moat.
And we think it will stay at the forefront of innovation.
The company's pricing power is based on its must-have information.
Operational improvements, emerging-market exposure, cash flow stability, and attractive capital deployment offer opportunity.
Boeing says yes.
We expect potash prices will contract over the long term, but this producer looks undervalued nonetheless.
The high-quality insurer's shares might be attractive for investors bullish on the region, but risks remain.
Near-term winners include ATMI and KLA-Tencor.
This quiet Midwestern firm would need to do something pretty extreme to impair its brand image, and we're optimistic about the company's growth potential.
Upstream beats downstream when the government sets quotas and prices.
Taxable bond flows eased last month as investors pared their long-term commitments.
The newly independent firms have enticing dividend yields, but upside potential for their share prices is questionable.
Natural disasters delayed the recovery in 2011, but we do not see many impediments in 2012.
Rate growth will slow, but should remain a tailwind.
We're increasingly concerned about their vulnerable balance sheets.
The current stock price assigns almost no value to this top-tier CRO's preclinical services segment.
Companies likely to restructure in 2012 as they navigate dire straits.
Despite some uncertainties, we think the semiconductor giant can still thrive.
Several companies in the sector, with their constant portfolio pruning and operations improvements, are apt to withstand oncoming headwinds.