Ken Fisher Declares Talk of Slow Growth "Rubbish"

By on December 10, 2009

Ken Fisher claims that stocks are cheap by historical standards and also cheap when compared to bonds. Fisher repeats his mantra over the past 8 years which is to be bullish and buy stocks. His favorite areas are materials, industrials, technology and overseas stocks (especially).

Fisher recommends the purchase of AustralianAlumina Ltd (AWC), Braskem (BSK), Semiconductor Manufacturing International (SMI), and Emcor Group (EME).

SMA Comment: Although it has nearly doubled off the bottom, Emcor Group looks interesting. The company has a tremendous amount of cash and it sells at a PE of about 10.


Fake Plastic Trees – Radiohead

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