Top Warren Buffett Stocks To Own Right Now

Successful value investors often work in relative obscurity, delivering steady, market-beating returns over decades.

Jeremy Grantham is an investor that has been following a value approach to the markets since at least 1977, when he co-founded global investment management firm GMO. Over the years, GMO has grown to manage more than $100 billion in assets but is still relatively unknown.

Grantham applies a classic Graham and Dodd value approach to the markets. Benjamin Graham and David Dodd wrote the original textbook on value investing, Security Analysis, in the 1930s. Warren Buffett would later study under Graham.

 

And while countless investors have read the original and revised editions of Security Analysis, only a few have mastered the concepts. The very best value investors, a group that includes Buffett and Grantham, add a unique perspective to their study.

In the case of Grantham, his success is at least partly due to his ability to spot bubbles. He may know more about bubbles than any other investor. In a recent letter to investors, Grantham wrote, "We have studied more or less all assets for as long as we can find data, and we have found a remarkable total of 330 'bubbles,' 36 of which we call 'major, important bubbles,' which we define as 2-standard-deviation events."

Top Chemical Stocks To Buy Right Now: Century Peak Metals Holdings Corp (CPM)

Century Peak Metals Holdings Corporation is engaged in promoting, operating, managing, holding, acquiring or investing in corporations or entities that are engaged in mining activities or mining-related activities. It also invests in real estate development and energy. Its subsidiaries include Century Peak Corporation (CPC), Century Hua Guang Smelting Incorporated (CHGSI), Century Sidewide Smelting Inc. (CSSI) and Century Summit Carrier, Inc. (CSCI). The principal activities of CPC is to invest in and engage in the business of operating and mining of mineral resources in the Philippines, such as iron ore, copper, gold, silver, lead, manganese, chromites, nickel etc. and prospecting, exploring, milling, concentrating, converting, smelting, treating, refining and manufacturing, and preparing for the market. Advisors' Opinion:

• [By kcpl]

  Corning is focusing on its growth strategies. Management had already discussed in the previous quarter that it plans to quickly integrate Corning Precision Materials (CPM) in Korea in order to realize synergies, gain further cost advantages, and increase its flexibility of glass supply. The company completed its acquisition of CPM in the first quarter. As a result of this acquisition, its display sales improved 55% to $1 billion.

Top Warren Buffett Stocks To Own Right Now: Turkish Investment Fund Inc (TKF)

The Turkish Investment Fund, Inc. (the Fund), incorporated on September 27, 1988, is a non-diversified, closed-end management investment company. The Fund�� investment objective is long-term capital appreciation through investments primarily in equity securities of Turkish corporations. Its portfolio includes Turkish common stocks and short-term investments.

The Fund invests in industries, such as automobiles, beverages, commercial banks, construction materials, diversified financial services, real estate and wireless telecommunication services. The Fund�� investment advisor and administrator is Morgan Stanley Investment Management Inc.

Advisors' Opinion:

• [By Dan Caplinger]

  Liquidity can be an even bigger concern among alternatives to ETFs. The closed-end Turkish Investment Fund (NYSE: TKF  ) has been even more volatile than the Turkish stock market, as the limited availability of closed-end fund shares produces even greater disparities between net asset value and share price. Yesterday, the Turkish closed-end traded at a 13% discount to net asset value, but that discount has moved in a wide range between 6% and 15% at various points during the past year, with some of the biggest discounts coming on days of heightened activity among protesters.

Top Warren Buffett Stocks To Own Right Now: PLX Technology Inc.(PLXT)

PLX Technology, Inc. designs, develops, manufactures, and sells semiconductor devices worldwide. It offers semiconductor devices, such as PCI express switches that allow aggregation of multi-channel Ethernet, fiber channel, graphics, and SAS cards to the host; PCI express bridges, which allow devices with other standards to be used in systems that need to interoperate with PCI express; and 10G Ethernet over copper PHY devices that provide a seamless migration from the slower connections to the faster ones. The company?s products also include direct attached storage products, which allow external storage to connect to a PC through USB connection; network attached storage products that provide storage to a local area network; PCI bridges consisting of general purpose bridges that translate and extend the PCI bus; and universal serial bus (USB) interface chips, which are used by computer peripherals and consumer products to interoperate through an external cabled connection. Its semiconductor devices accelerate and manage the transfer of data in microprocessor-based systems, including networking and telecommunications, enterprise storage, servers, personal computers (PCs), PC peripherals, consumer electronics, imaging, and industrial products. The company markets its products through direct and indirect sales force, manufacturers, and distributors to electronics manufacturers. PLX Technology, Inc. was founded in 1986 and is headquartered in Sunnyvale, California.

Advisors' Opinion:

• [By Seth Jayson]

  PLX Technology (Nasdaq: PLXT  ) reported earnings on April 22. Here are the numbers you need to know.

  The 10-second takeaway
  For the quarter ended March 31 (Q1), PLX Technology met expectations on revenues and beat expectations on earnings per share.

Top Warren Buffett Stocks To Own Right Now: BCE Inc. (BCE)

BCE Inc. provides communications solutions to residential, business, and wholesale customers primarily in Canada. The company offers local and long distance telephone services under the Bell Home Phone brand; direct-to-home satellite television (TV) services under the Bell TV name; Internet protocol TV services under the Bell Fibe TV brand; and personal video recorders and online access services. It also provides data services, including Internet access services under the Bell Internet name; Internet protocol based services; and information and communications technology solutions. In addition, the company engages in the rental, sale, and maintenance of business terminal equipment; sale of TV set-top boxes; and provision of network installation and maintenance services for third parties. Further, it offers wireless voice and data communications products and services, such as call display and voicemail, e-mail, Web browsing, social networking, text, picture and video messagi ng, music downloads, ring tunes, ringtones, games and applications, video streaming, live TV, mobile Internet, roaming, and global positioning system navigation services under the Bell and Virgin Mobile brands. Additionally, the company provides media services comprising TV programming services to broadcast distributors. It operates approximately 28 conventional over-the-air stations and 30 English and French-language specialty TV channels; 33 FM and AM radio stations and their related Websites; and Theloop.ca Website. As of December 31, 2012, the company served approximately 2.1 million high-speed Internet access customers through fiber-optic, digital subscriber line, or wireless broadband technology; and 7.7 million wireless customers. BCE Inc. offers its services through call centre representatives, independent dealer stores, and value-added resellers, as well as through its Websites. The company was founded in 1880 and is headquartered in Verdun, Canada.

Advisors' Opinion:

• [By Holly LaFon]

  Dalio�� next largest purchase was Berkshire Hathaway Inc. (BRK.B), and three new buys: BCE Inc. (BCE), The Goldman Sachs Group Inc. (GS), and Peabody Energy Corp. (BTU).

• [By Tom Taulli]

  BCE (BCE) is the largest telecom operator in Canada … and sports one whopper of a dividend.

  As should be no surprise, the traditional wired voice services segment continues to be weak for BCE, and that’s something we can expect in perpetuity. However, BCE has diversified into other businesses, such as broadband, IPTV, satellite television, radio and mobile, which is helping to smooth its transition.

Top Warren Buffett Stocks To Own Right Now: Norwegian Cruise Line Holdings Ltd (NCLH)

Norwegian Cruise Line Holdings Ltd., incorporated on February 21, 2011, is a global cruise line operator, offering cruise experiences for travelers with a variety of itineraries in North America (including Alaska and Hawaii), the Mediterranean, the Baltic, Central America, Bermuda and the Caribbean. The Company offers a variety of cruises ranging from one day to three weeks. During the year ended December 31, 2010, the Company docked at over 125 ports worldwide, with itineraries originating from 17 ports of which ten were in North America. In June 2010, the Company took delivery of its largest cruise ship, Norwegian Epic (4,100 Berths), which offers 21 dining options.

The Company�� ships have passenger amenities, including up to 21 dining options together with hundreds of private balcony cabins on each ship. As of March 31, 2011, 48% of its cabins have private balconies. Five of its ships offer a complex of private courtyard villas, each with up to approximately 570 square feet, which provide personal butler service and access to a private courtyard area with private pools, sundeck, hot tubs, and fitness center. In addition, six of its ships have garden villas with up to 6,694 square feet. These garden villas offer three separate bedroom areas, spacious living and dining room areas, as well as around-the-clock, on-call butler and concierge service.

Norwegian Epic offers its passengers itineraries to the western and eastern Caribbean, as well as Europe. The ship offers its customers an aqua park, sports complex, two three-lane bowling alleys and its two-story Wii Wall. In addition, the ship features a spa facility and fitness center with more than 31,000 square feet. Entertainment is offered aboard Norwegian Epic with the addition of entertainment choices, including Blue Man Group, Cirque Dreams & Dinner, Legends in Concert and Nickelodeon at Sea. It offers entertainment in its jazz and blues club and its comedy club features the comedy troupe, The Second City.

Advisors' Opinion:

• [By Ben Levisohn]

  And what’s good for Carnival should also be good for Royal Caribbean Cruises (RCL), which also got an upgrade, Norwegian Cruise Line Holdings�(NCLH), which Farley and Kocharyan label their top pick. They explain:

• [By Rick Munarriz]

  Ever since Royal Caribbean (NYSE: RCL  ) introduced outdoor rock walls for daring climbers, cruise lines have tried to raise the stakes in attracting young passengers who can't be wooed by mere spa treatments or midnight buffets. Carnival (NYSE: CCL  ) , Royal Caribbean, and the recently public Norwegian Cruise Lines (NASDAQ: NCLH  ) have added zip lines, indoor bowling alleys, and even bumper cars to make sea life more appealing to young families with toddlers and young adults.

• [By Traders Reserve]

  Norwegian Cruise Lines (NCLH) might be the ultimate toy for these managers and the timing looks perfect. The travel space is red hot. Consumer and business travelers are filling up capacity in a big way. Profits are growing and at a fast pace and yet shares of Norwegian trade for a low multiple of earnings. Analysts expect the company to grow profits by 63% in 2014.