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Two Value Stocks for the Watch List

For value investors – the stockpickers who seek and buy stocks at what they hope are prices lower than the true value of the company – these are heady days. Ariel Investments, a value-oriented mutual fund firm in Chicago with $5.5 billion in assets under management, fits solidly into this group. These days, they’re buying. “We have looked at the portfolio and we’ve made some changes to take advantage of what we’re seeing,” says Tim Fidler, manager of several Ariel portfolios including the firm’s Ariel Appreciation fund.

Getty Images

To make Fidler’s watch list, a company must have a proven track record – and be particularly battered in the sell-off. Here are two:

Accenture (ACN). The technology information service provider saw its price fall 10% yesterday on fears of its heavy exposure to Europe. But with lots of cash on the balance sheet, no debt, and proven track record throughcycles, “this is a company that clearly will make it through this period without much duress or stress,” says Fidler.

Interpublic Group of Companies (IPG). The New York-based group of global advertising agencies has faced a 40% decline in its stock price from earlier this year. “That’s a fairly dramatic move in light of the fundamentals,” says Fidler. Investors remember the firm’s weak balance sheet of 2008 and 2009, but today the company is much healthier, says Fidler, pointing to about $2 billion in the company currently holds and recent share buybacks as positive signs.

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    • By WebOsPublisher

      [#SAK-9158] Multiple Paste icons appearing on Nightly – Sakai
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      Sakai CLE
      SAK-9158
      Multiple Paste icons appearing on Nightly
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      Type:
      Bug
      Status:
      Closed
      Priority:
      Major
      Resolution:
      Fixed
      Affects Version/s:
      2.4.0
      Fix Version/s:
      2.4.0
      Component/s:
      Content
      Labels:
      None
      Environment:
      Firefox,
      2.6.x Status:
      None
      DescriptionLooking at Resources on Nighlty using Firefox, from time to time 2 paste icons appear rather than 1. I can’t recreate this reliably yet, but am documenting it FYI and will come back with details when I can.
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      Jim Eng
      added a comment – 02-Apr-2007 07:02
      Not sure if this is the issue here, but one problem someone mentioned is that if you select some items for copy and some items for move, you get a paste icon for each, but there’s no way to tell which is which. Selecting one or more items for copy or move should clear any previous incomplete copy or move action.
      Show
      Jim Eng
      added a comment – 02-Apr-2007 07:02 Not sure if this is the issue here, but one problem someone mentioned is that if you select some items for copy and some items for move, you get a paste icon for each, but there’s no way to tell which is which. Selecting one or more items for copy or move should clear any previous incomplete copy or move action.
      Hide
      Permalink
      Jim Eng
      added a comment – 02-Apr-2007 15:40
      This should be included in QA tag 2.4.0.009
      We save lists of resources being copied/moved in state. If the user selects copy and then selects move before completing the copy, the copy list was retained, leading to two paste icons. We now erase the first list of items to copy/move if a second set of items is selected.
      Show
      Jim Eng
      added a comment – 02-Apr-2007 15:40 This should be included in QA tag 2.4.0.009
      We save lists of resources being copied/moved in state. If the user selects copy and then selects move before completing the copy, the copy list was retained, leading to two paste icons. We now erase the first list of items to copy/move if a second set of items is selected.
      Hide
      Permalink
      Megan May
      added a comment – 04-Apr-2007 11:07
      These items will be included in the .009 tag as per discussion at the release meeting.
      Show
      Megan May
      added a comment – 04-Apr-2007 11:07 These items will be included in the .009 tag as per discussion at the release meeting.
      Hide
      Permalink
      Andrew Poland
      added a comment – 04-Apr-2007 12:31
      merged to 2-4-x r28344
      Show
      Andrew Poland
      added a comment – 04-Apr-2007 12:31 merged to 2-4-x r28344
      Hide
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      Harriet Truscott
      added a comment – 05-Apr-2007 07:34
      Verified fixed on QA1-NL
      Show
      Harriet Truscott
      added a comment – 05-Apr-2007 07:34 Verified fixed on QA1-NL
      People
      Assignee:
      Unassigned
      Reporter:
      Harriet Truscott
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      Dates
      Created:
      02-Apr-2007 03:04
      Updated:
      13-Jul-2009 11:43
      Resolved:
      02-Apr-2007 15:40
      Agile
      View on Board
      Atlassian JIRA
      (v5.1.2#773-sha1:b805b97)
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