67 WALL STREET, New York - October 15, 2013 - The Wall Street Transcript has just published its Investing Strategies Report. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Disciplined Growth Approach - Global Economy - Top-Down and Bottom-Up Investing - Bottom-Up Stock Selection - Value Oriented Strategy - Value Investing - Deep Value - Exposure to Emerging Markets
Companies include: 3M Co. (MMM), Johnson & Johnson (JNJ), International Business Machine (IBM), Core Laboratories NV (CLB), Visa, Inc. (V), Ford Motor Co. (F), SCOLR Pharma Inc. (DDD), Google Inc. (GOOG), Amazon.com Inc. (AMZN), Lululemon Athletica Inc. (LULU), Bank of America Corporation (BAC), Hewlett-Packard Company (HPQ), Goldman Sachs Group Inc. (GS), Nike Inc. (NKE), Visa, Inc. (V) and many others.
In the following excerpt from the current Investing Strategies Report, an expert money manager discusses his outlook for the market for investors:
TWST: Can you begin with a brief introduction to Technomart Investors, including some highlights from its history and a bit about your role at the firm?
Mr. Parnes: Technomart Investment Advisors is a registered - RIA - independent, family-operated, highly rated firm specializing in separately managed accounts. The firm has been in business since 1979. I serve as President and also the Editor of the Shortex Market Letter, which is published by Technomart.
Technomart enjoys an in-depth knowledge of various market segments and an unprecedented understanding of evolving global market conditions. Our strategy is based on being customized and highly scalable based on a disciplined and effective approach to market valuations. In doing so, we initiate segments for our established portfolios. Generally speaking, it is divided into four segments. Depending on the objectives of the client, up to 30% would be based on growth-oriented companies and 30% in anchors - the likes of 3M (MMM), Johnson & Johnson (JNJ), IBM (IBM), etc. - which of course are subject to change. Up to 20% can be allocated to fixed income, the likes of U.S. treasury bills, corporate and municipal bonds and reverse convertible bonds. Up to 20% allocated to short positions as a hedge account.
The short positions are typically in the form of borrowed issues. These short positions are held and covered for not performing according to the objectives set. The proceeds from these short positions are used to purchase long positions in the portfolios. The short positions serve to provide a hedge for unforeseen market declines such as today, the government shutdown or other event-driven effects...
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.