Silver Will Outshine Gold For Return On Investment According To Experienced Portfolio Managers

• On 10:20 pm EST, Monday November 9, 2009

67 WALL STREET, New York - November 9, 2009 - The Wall Street Transcript has just published its TWST Small Cap Value Report offering a timely review of the sector to serious investors and industry executives. This 47 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Small-Cap Value - Capital Preservation - Sovereign Bonds - Precious Metals - Value-Investing - Companies with International Exposure - US-listed Chinese Companies - Risk Limitation - Industry-Diversified Portfolios - Long-Term Value - Micro-Cap Companies - Turnaround Situations - Strategic Buying - Fundamental Analysis

Companies include: Bridgepoint Education (BPI); Compass Minerals (CMP); Flexsteel (FLXS); Hardinge Corp (HDNG); Phillips-Van Heusen (PVH); Adobe (ADB); Affiliated Computer Services (ACS); Alliance Data Systems (ADS); American Water Works (AWK); Atlantic Tele-Network (ATNI); Celanese Chemical (CE); CenturyTel (CTL); Clean Energy Fuels (CLNE); Consolidated Graphics (CGX); Dell (DELL); Dillard's Department Stores (DDS); Drew Industries (DW); Educational Development Corporation (EDUC); First Acceptance Corp (FAC); Forestar Group (FOR); Fresh Del Monte (FDP); Hain Celestial (HAIN); Harbin Electric (HRBN); Huron Consulting (HURN); IMAX (IMAX); IMS Health (RX); Kennametal (KMT); Lamar Advertising (LAMR); NBTY (NTY); Nature's Sunshine Products (NATR); Nobility Homes (NOBH); Omniture, Inc. (OMTR); Perot Systems (PER); Pfizer (PFE); SPDR Barclays Capital International Treasury Bond Fund (BWX); SPDR Gold Trust (GLD); Silver Wheaton (SLW); Tellabs (TLAB); Temple-Inland (TIN); Tempur-Pedic (TPX); Tesoro (TSO); Valero (VLO); Verizon Wireless (VZ); Whole Foods (WFMI); Xerox (XRX).

In the following brief excerpt from just one of the in depth interviews in the 47 page report, expert portfolio managers discuss the outlook for the market for investors.

David W. James, CFA is Senior Vice President, Portfolio Manager, and an Investment Committee member for JIR. He is also one of the team leaders in our small capitalization funds. David's responsibilities include a variety of research projects and statistical analysis. He is part of the company's weekend team that evaluates over 100 different risk indicators that have been developed into a proprietary model and statistically validated. Further, he provides detailed research for the company's macro studies on the economy, stocks, bonds, and the international market. He has also helped develop JIR's computer model for discerning between bargain and expensive stocks. He is deeply involved with our daily radio program where we provide market and economic analysis on a wide spectrum of subjects. David started with James Investment Research, Inc. in 1981.

Dr. Frank James, Ph.D. is the Founder and Chairman of James Investment Research. Dr. James earned his Ph.D. from Rensselaer Polytechnic Institute in 1967. His dissertation, The Implications of Trend Persistency in Portfolio Management, provided a computer-based study of the price movements of every security listed on the New York Stock Exchange between 1926 and 1960. The results of his research in identifying securities with high probability of future appreciation continues to be used by the firm today. Dr. James was formerly in charge of the graduate management program, and a professor of Management and Statistics, at the Air Force Institute of Technology. His current responsibilities include overseeing the company's innovative investment management and research, and managing the firm's legal and financial matters. Dr. James maintains the firm's dedication to providing its employees with a productive work environment supported by state-of-art technology.

TWST: What are some of the stocks that you have found interesting in the last few months, particularly in those areas that you mentioned, the precious metals and the ones that benefit from the depreciating dollar?

David James: We look at some of the precious metals, and while we've seen gold has received the headlines and right now we're seeing gold well over $1,000 an ounce, but silver has actually performed better. If you look at the price of silver it's up over 40%. So one stock we've liked is Silver Wheaton (SLW). They're a silver mining company that is mined in Mexico and Sweden, Peru, Greece and the United States. That stock has more than doubled so far year-to-date. We also like one of the exchange traded funds, the SPDR Gold Trust (GLD), which invests straight into gold bullion. So it's a way of directly getting the gold without actually having to take the difficult step of holding the gold itself. Other companies that we like are those companies that are buying back their own shares, but also are having a good situation as far as the amount of foreign sales. We might see that in a really large-cap company like Pfizer (PFE) being a medical producer there. We've seen that overall they've been buying back their shares over the last year and that if you look at what's been happening as far as their estimated growth, very low expectations by Wall Street, that's a good situation there. They have over half of their sales come from foreign sources. We do have some concerns as far as what might happen out of Washington, and we're concerned over government's roll with the healthcare issue. But we think at least for right now that Pfizer looks like a good play. One other area that we like again is foreign bonds, and there is a good way for many individuals to get into that kind of situation. That's ETFs that deal with international treasuries. One that we have purchased is SPDR Barclays Capital International Treasury Bond Fund (BWX) and they invest throughout the world. They have about 23% in Japanese bonds, 12% is in Italy, 11% is in Germany, and then of course throughout the rest of the world. Again if you look at their performance so far year-to-date, they have been making nice money about 8% in the bond market where our crazy market has actually lost money. So those have been some of the areas that we like as far as individual names.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 47 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

For Information on subscribing to The Wall Street Transcript, please call 800/246-7673

Buzz up!