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Will Nasgovitz
By admin - Posted on January 25th, 2008
Tagged: The portfolio managers at Heartland Select Value Fund don't much care how big a stock is as long as the company fits their main criteria of an improving business trading at a discount.
"We're a multicap value fund with an ability to invest regardless of a stock's size," said Will Nasgovitz, co-manager of the roughly $332 million portfolio (HRSVX) .
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The portfolio managers at Heartland Select Value Fund don't much care how big a stock is as long as the company fits their main criteria of an improving business trading at a discount.
"We're a multicap value fund with an ability to invest regardless of a stock's size," said Will Nasgovitz, co-manager of the roughly $332 million portfolio (HRSVX) .
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By admin - Posted on September 14th, 2007
Tagged: Will Nasgovitz started buying Constellation Brands Inc. shares in March after the world's largest winemaker said earnings this year would fall short of analysts' estimates and the stock dropped almost 20 percent.
Constellation Brands shares gained 25 percent since then, making the producer of Mondavi wine and Corona beer the latest ``misunderstood, undervalued and underloved'' company to help the Heartland Select Value Fund, Nasgovitz said. The fund has beaten the Standard & Poor's 500 Index for eight of the past 10 years.
Will Nasgovitz started buying Constellation Brands Inc. shares in March after the world's largest winemaker said earnings this year would fall short of analysts' estimates and the stock dropped almost 20 percent.
Constellation Brands shares gained 25 percent since then, making the producer of Mondavi wine and Corona beer the latest ``misunderstood, undervalued and underloved'' company to help the Heartland Select Value Fund, Nasgovitz said. The fund has beaten the Standard & Poor's 500 Index for eight of the past 10 years.
By admin - Posted on January 18th, 2007
Tagged:
Will Nasgovitz is finding plenty of beaten-down large-cap companies these days with strong prospects for growth. Along with his colleagues, the co-manager at Heartland Select Value Fund (HRSVX) says he's mindful that stocks with falling prices often keep dropping. "You can have a cheap stock but with inferior product lines or low research and design budgets relative to other companies," Nasgovitz said. "So we also look for a recognizable catalyst that could cause its stock price to appreciate."
Many larger-cap companies bruised and left for dead by investors in the bear market years are climbing back, he says. And not all of those improvements in business operations have been noticed by investors, Nasgovitz added. "We've been finding a lot more undervalued larger-cap stocks," he said. "We keep the portfolio vary concentrated, between 40-60 stocks," Nasgovitz said. "They're our best ideas, representing a collaboration of four managers and eight analysts."
Will Nasgovitz is finding plenty of beaten-down large-cap companies these days with strong prospects for growth. Along with his colleagues, the co-manager at Heartland Select Value Fund (HRSVX) says he's mindful that stocks with falling prices often keep dropping. "You can have a cheap stock but with inferior product lines or low research and design budgets relative to other companies," Nasgovitz said. "So we also look for a recognizable catalyst that could cause its stock price to appreciate."
Many larger-cap companies bruised and left for dead by investors in the bear market years are climbing back, he says. And not all of those improvements in business operations have been noticed by investors, Nasgovitz added. "We've been finding a lot more undervalued larger-cap stocks," he said. "We keep the portfolio vary concentrated, between 40-60 stocks," Nasgovitz said. "They're our best ideas, representing a collaboration of four managers and eight analysts."
