Long Term Global Macroeconomic and Sociopolitical Trends Drive this Money Manager's Top Stock Picks: A Wall Street Transcript Interview with Montague Guild, Chief Investment Officer and Founder of Guild Investment Management

Wall Street Transcript

67 WALL STREET, New York - April 16, 2014 - The Wall Street Transcript has just published its Investing Strategies Report. This special feature contains expert investment advisory through in-depth interviews with highly experienced, professional Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Dividend-Paying Stocks - Capital Appreciation - Small Cap Investing - Upside in Small-Cap Stocks - Investing Through Construction Trends - Dividend-Paying Small Caps - MLP Investing - Global Macro Trends

Companies include: CVS Caremark Corporation (CVS), Walgreen Co. (WAG), Rite Aid Corp. (RAD), EOG Resources, Inc. (EOG), Continental Resources Inc. (CLR), Whiting Petroleum Corp. (WLL), Goldcorp Inc. (GG), Agnico-Eagle Mines Ltd. (AEM), Google Inc. (GOOG), Priceline.com Inc. (PCLN), IntercontinentalExchange, Inc. (ICE), American Express Company (AXP), Visa, Inc. (V), Las Vegas Sands Corp. (LVS), Walt Disney Co. (DIS) and many others.

In the following excerpt from the Investing Strategies Report, an experienced money manager who has run his own fund since 1971 discusses his methodology, global outlook, and current top stock picks for investors:

...As far as technology companies that we like - we would not buy these until they had pullbacks, but on pullbacks we like Google (GOOG) and we like Priceline (PCLN). We like Google because they are ubiquitous, they are well-situated, they've identified major trends, and they've positioned themselves with the smartest people around to manifest the results from those trends.

We like Priceline because this is how the Europeans travel. Europeans live in an economy where they take six, eight weeks a year vacation. They are very cost-conscious; they negotiate the price of their planes and hotel rooms through Priceline. Priceline is widely used by the Europeans, much more than by the Americans, and this is a quality company that can grow and will continue to grow for years to come. As I said, we would not buy this stock right now, but we would buy it on pullbacks.

Another technology company that we believe in is Intercontinental Exchange (ICE), which is a company that has recently purchased the New York Stock Exchange. They've purchased a number of worldwide stock exchanges. It is an extremely well-run company, run by an engineer. He has bought these companies which had a lot of fat in them. The CEO cuts the fat, he rationalizes the operations, and he makes a lot of money, a very smart fellow. I like the management there very much, and we think longer term Intercontinental Exchange is going to do very well.

In the consumer area, two stocks we like very much, American Express (AXP) - I mentioned credit cards as being the best area of finance - and we like Visa (V). American Express is reasonably priced and a more moderate grower than Visa, but an extremely well-run company with a decent yield.

We also like Las Vegas Sands (LVS), because the founder of this company is an incredibly courageous, fearless fellow, and he's gone out into new markets to offer gambling to people where gambling is part of their culture...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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