Cliff Hoover - Dreman Asset Management

Description:

From Barron's 5-21-07

Making the Most of a "Stockpickers" Market.

"Meet David Dreman's hand-picked successor to run $21.5 billion Dreman Value Management, based in Jersey City, N.J. And who better than Cliff Hoover to take over such a storied operation? Cut from the same value cloth as Dreman, a pioneer in contrarian investment strategies and behavioral finance, Hoover brings the same devotion to low P/Es and to dividends as a means of producing superior performance. Barron's readers will recall Hoover's outstanding stockpicking at Allianz's NFJ Investments, where he co-managed portfolios with Ben Fisher. Hoover, who is managing the DWS-Dreman High Return fund, will take complete charge when the 71-year-old Dreman decides to call it quits, though no date is set. He tells us there's no better time to be investing in high-quality stocks trading below their intrinsic value."


The following includes a few of his picks from a sitdown interview with Barron's

Most Viewed Portfolios

View All

Articles

7 Stocks Soaring on Big Volume

05.31.12 | 01:15 PM

WINDERMERE, Fla. (Stockpickr) -- Professional traders running mutual funds and hedge funds don’t just look at a stock’s price moves; they also ...

5 Blue-Chip Stocks to Avoid

05.31.12 | 12:28 PM

 BALTIMORE (Stockpickr) -- Yesterday was a nasty little reminder that Europe is still grabbing headlines, whether investors like it or not. T...

More Articles
blog comments powered by Disqus
Get started with stockpickr! Get recommendations from thousands of mutual funds, hedge funds, and others. Enter your favorite stocks now!
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter