One of the main reasons commonly offered is that foreign stocks make a portfolio more balanced. That's because of a concept called diversification: Foreign stocks can rise when U.S. stocks fall -- and vice versa -- and the difference in performance can help stabilize a portfolio.
But James Doyle says that foreign markets offer less diversification than in the past. He was a nominee for Morningstar's 2013 international stock fund manager of the year award, along with the other managers of the Causeway International Value fund (CIVVX). It returned 23.9% last year, including dividends, ranking in the top 15% of its category.
Doyle says markets from the United Kingdom to Australia increasingly have been moving in greater unison. In industry parlance, the correlation between them is tightening. Doyle says investors still have reason to consider international stocks, but diversification isn't the main one. He also says he hasn't seen such little potential from stocks since the end of 2007, when the Great Recession was starting. Below are excerpts from a recent conversation, edited for length and clarity:
Top China Stocks To Invest In Right Now: Weyerhaeuser Company(WY)
Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. The company manages 6.4 million acres of private commercial forestland; and has long-term licenses on 13.9 million acres of forestland. It also offers timber; minerals, such as rock, sand, and gravel, as well as oil and gas to construction and energy markets; logs; timberland tracts; and seed and seedlings, poles, plywood, and hardwood lumber products. In addition, the company provides structural lumber products for structural framing; engineered lumber products for floor and roof joists, and headers and beams; structural panels for structural sheathing, subflooring, and stair treading for wood products dealers, do-it-yourself retailers, builders, and industrial users. Further, it offers building products comprising cedar, decking, siding, ins ulation, rebar, and engineered lumber connectors. Additionally, the company offers fluff pulp for use in sanitary disposable products; papergrade pulp for printing and writing papers, and tissues; specialty chemical cellulose pulp for use in textiles, absorbent products, specialty packaging, and high-bulking fibers; liquid packaging board converted into containers; and slush and wet lap pulp for manufacturing paper products. It also constructs single-family houses, as well as develops residential lots and land for construction and sale; and master-planned communities with mixed-use property. The company sells its cellulose fibers products through direct sales network, and liquid packaging products directly to carton and food product packaging converters; and wood products through sales organizations and distribution facilities. Weyerhaeuser Company has been elected to be taxed as a real estate investment trust. The company was founded in 1900 and is headquartered in Federal Way, Washington.
Advisors' Opinion:- [By Travis Hoium]
What: Shares of TRI Pointe Homes (NYSE: TPH ) jumped as much as 15.7% today after announcing the acquisition of Weyerhaeuser's (NYSE: WY ) residential real estate unit.
- [By Lisa Levin]
Analysts expect Weyerhaeuser Co (NYSE: WY) to report its Q3 earnings at $0.21 per share on revenue of $2.09 billion. Weyerhaeuser shares rose 0.50% to $30.45 in after-hours trading.
- [By Charley Blaine]
Results from truck-maker Paccar (NASDAQ: PCAR), toymaker Mattel (NASDAQ: MAT) and lumber-and-paper maker Weyerhaeuser (NYSE: WY) on Friday may offer a glimpse of what's ahead.
- [By Holly LaFon]
Pimco managing director Mark Kiesel mentions Whirlpool (WHR), Weyerhaeuser (WY), USG (USG), Toll Brothers (TOLL) and KB Home (KBH) as good plays on housing:�
Top 5 US Stocks To Own For 2014: ICSGlobal Ltd (ICS)
ICSGlobal Limited is an Australia-based company. The principal activities of the Company during the fiscal year ended June 30, 2012 (fiscal 2012), were the operations of a holding company in Australia with a 100% owned subsidiary providing medical billing services in the United Kingdom. As of June 30, 2012, the Company owned Medical Billing and Collections (MBC) in the United Kingdom. The Company has owned a number of operating companies in Australia, the United States and the United Kingdom. As of June 30, 2012, the Company is focused on new business opportunities. As of June 30, 2012, the Company�� subsidiaries included Thelma Pty Ltd, EziBill Pty Ltd and Thelma-EU Limited. Advisors' Opinion:- [By Dividends4Life]
This week a few companies answered the call and rewarded their shareholders with higher cash dividends:
Consolidated Edison Inc. (ED) engages in regulated electric, gas, and steam delivery businesses. January 16th the company increased its quarterly dividend 2.4% to $0.63 per share. The dividend is payable March 15, 2014, to stockholders of record on February 12, 2014. The yield based on the new payout is 4.7%.
Cousins Properties Incorporated (CUZ), a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services. January 16th the company increased its quarterly dividend 66.7% to $0.075 per share. The dividend is payable February 24, 2014, to stockholders of record on February 10, 2014. The yield based on the new payout is 2.8%.
Wisconsin Energy Corporation (WEC) generates and distributes electric energy, as well as distributes natural gas. The company operates in two segments, Utility Energy and Non-Utility Energy. January 16th the company increased its quarterly dividend 2% to $0.3900 per share. The dividend is payable March 1, 2014, to stockholders of record on February 14, 2014. The yield based on the new payout is 3.8%.
BlackRock Inc. (BLK) is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. January 16th the company increased its quarterly dividend 14.9% to $1.93 per share. The dividend is payable March 24, 2014, to stockholders of record on March 7, 2014. The yield based on the new payout is 2.4%.
ONEOK Inc. (OKE) operates as a diversified energy company in the United States. January 15th the company increased its quarterly dividend 5.3% to $0.40 per share. The dividend is payable February 18, 2014, to stockholders of record on February 10, 2014. The yield based on the new payout is 2.5%.
Omega Healthcare Investors Inc. (OHI) is a real es
Top 5 US Stocks To Own For 2014: IntriCon Corporation(IIN)
IntriCon Corporation, through its subsidiaries, engages in the design, development, engineering, and manufacture of body-worn devices. It offers microelectronics, micro-mechanical assemblies, and injection-molded plastic components to medical device manufacturers of portable and lightweight battery powered devices; bio-telemetry devices, which include wireless continuous glucose monitors that measure glucose levels and provide real-time blood glucose trend information; and cardiac diagnostic monitoring devices. The company also provides bubble sensors and flow restrictors that monitor and control the flow of fluid in an intravenous infusion system; and a family of safety needle products for original equipment manufacturing customers. In addition, it offers hybrid amplifiers and integrated circuit components along with faceplates for use in-the-ear and in-the-canal hearing instruments; and microminiature electromechanical components consisting of volume controls, microphone s, receivers, trimmer potentiometers, and switches to hearing instrument manufacturers. Further, the company provides professional audio headset products used for homeland security and emergency response applications in fire, law enforcement, safety, aviation, and military markets; and a line of miniature ear and head-worn devices for use by performers and support staff in music and stage performance markets. It markets its products directly through its internal sales force in the United States, as well as through sales representative primarily in Europe and the Asian Pacific. IntriCon Corporation has strategic alliances with Dynamic Hearing Pty Ltd. to use its technology for the development of new body-worn ULP-DSP applications; and Advanced Medical Electronics Corp. to develop new bio-telemetry devices. The company, formerly known as Selas Corporation of America, was founded in 1930 and is headquartered in Arden Hills, Minnesota.
Advisors' Opinion:- [By Lisa Levin]
Intricon (NASDAQ: IIN) shares gained 33.98% to touch a new 52-week high of $6.23 after the company reported Q1 results.
Abraxas Petroleum (NASDAQ: AXAS) shares gained 2.19% to reach a new 52-week high of $5.60. Abraxas Petroleum shares have jumped 154.88% over the past 52 weeks, while the S&P 500 index has gained 18.57% in the same period.
Top 5 US Stocks To Own For 2014: Zweig Fund Inc (ZF)
The Zweig Fund, Inc. (the Fund), incorporated on June 30, 1986, is a closed-end, diversified management investment company. The Fund�� objective is to increase capital primarily with investment in equity securities, consistent with capital preservation and reduction of risk. The Fund�� principal stock market sectors as on June 30, 2007, included information technology, financials, industrials, energy and healthcare.
The Fund�� investment adviser is Phoenix/Zweig Advisers LLC. As of June 30, 2007, its principal industrial positions included Cisco Systems, Corning Inc., EMC Corp., Ford, Goldman Sachs, Morgan Stanley, PowerShares QQQ, Nike, Nokia Corp. and Valero Energy.
Advisors' Opinion:- [By Nathan Slaughter]
Consider the Zweig Fund (NYSE: ZF). It's a closed-end fund that has $340 million in net assets, which are invested in a diverse basket of blue-chip stocks such as PepsiCo, Apple, JPMorgan, Comcast, U.S. Bancorp and Qualcomm.
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