Barron's: BlackRock's Bob Doll
5985 views
Rate Now: 1 2 3 4

average rating: 3.50 / 2 ratings
Created by Barrons
DESCRIPTION:

Date updated:08-04-2007

From Barron's 8-6-07:

"Bob Doll has learned that when it comes to playing classical music on a piano or picking stocks, you have got to learn from your mistakes.

When the tempo of the stock market reaches a fevered pitch, Doll, the global chief investment officer for equities at asset manager BlackRock, turns to his piano to bang out tunes of Bach, Beethoven and Tchaikovsky.

"For both music and portfolio management, you need discipline and you need to be rigorous about what you do," says Doll.

While Barron's Online has not heard Doll tickle the ivories, his investment strategy has belted out some nice tunes for the three large-capitalization portfolios he manages.

The Large Cap Growth Fund (ticker: MDLHX) has gained 22.5% over the past year, the Large Cap Core Fund (MDLRX) has gained 17%, and the Large Cap Value Fund (MDLVX) has gained 15.4%. BlackRock had more than $1.1 trillion under management as of May 31.

Doll says that it is a good time to buy stocks given the recent market correction. We had a target coming into the year of the Standard & Poor's 500 at 1550. Less than two weeks ago, we got there and we did not revise the target. Now we have had a selloff, and so we've got to go up 5% or 6% to get there. The lead candidate for us, therefore, is technology, with secondary emphasis on energy, material and selected industrial names. Secondly, our home economy is growing below trend and as a result of that you want some higher quality, higher predictability in the portfolio, and that takes us to places like health care, primarily the offset to technology if you will."

symbol name last price % change open
  • +
  • CSCO
    Cisco Systems
  • $23.99
  • +0.71%
  • $23.90

From Barron's 8-6-07: "Some of the big broad global companies such as Cisco Systems (CSCO), IBM (IBM), Microsoft (MSFT) and EMC (EMC). These would be the kind of names that we think are positioned to win both in the geographic mix and their leadership product and service standpoint."

People owning CSCO also tend to own: AAPLAMDDELLGOOGIBMINTCMSFT

TheStreet.com Rating: B- What is this?

  • +
  • IBM
    Intl Business Mac
  • $126.00
  • +2.03%
  • $123.92

From Barron's 8-6-07: "Some of the big broad global companies such as Cisco Systems (CSCO), IBM (IBM), Microsoft (MSFT) and EMC (EMC). These would be the kind of names that we think are positioned to win both in the geographic mix and their leadership product and service standpoint."

People owning IBM also tend to own: AAPLAMDCSCODELLGOOGINTCMSFT

TheStreet.com Rating: A What is this?

  • +
  • MSFT
    Microsoft Corpora
  • $28.99
  • +1.65%
  • $28.60

From Barron's 8-6-07: "Some of the big broad global companies such as Cisco Systems (CSCO), IBM (IBM), Microsoft (MSFT) and EMC (EMC). These would be the kind of names that we think are positioned to win both in the geographic mix and their leadership product and service standpoint."

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • EMC
    E M C Cp
  • $17.01
  • +1.67%
  • $17.02

From Barron's 8-6-07: "Some of the big broad global companies such as Cisco Systems (CSCO), IBM (IBM), Microsoft (MSFT) and EMC (EMC). These would be the kind of names that we think are positioned to win both in the geographic mix and their leadership product and service standpoint."

People owning EMC also tend to own: ATVICCJCELGCRZODSXDVNGDX

TheStreet.com Rating: B What is this?

  • +
  • VLO
    Valero Energy Cp
  • $17.33
  • +0.23%
  • $17.45

From Barron's 8-6-07: "Yes, I would underscore those kind of names because I believe we are right about the energy trend. I would put slightly ahead of those names the refiners in the energy patch that have gotten hit harder on this pullback -- Valero Energy (VLO) fits that bill but not to back off the Chevrons of the world either."

People owning VLO also tend to own: APAAPCBHICHKCOPCVXDVN

TheStreet.com Rating: D+ What is this?

  • +
  • XOM
    Exxon Mobil Cp
  • $72.85
  • +0.96%
  • $72.96

From Barron's 8-6-07: "Yes, I would underscore those kind of names because I believe we are right about the energy trend. I would put slightly ahead of those names the refiners in the energy patch that have gotten hit harder on this pullback -- Valero Energy (VLO) fits that bill but not to back off the Chevrons of the world either."

People owning XOM also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: C+ What is this?

  • +
  • CVX
    Chevron Corp
  • $77.66
  • +0.17%
  • $78.29

From Barron's 8-6-07: "Yes, I would underscore those kind of names because I believe we are right about the energy trend. I would put slightly ahead of those names the refiners in the energy patch that have gotten hit harder on this pullback -- Valero Energy (VLO) fits that bill but not to back off the Chevrons of the world either."

People owning CVX also tend to own: ADMAIZALLCBCNICOPCSC

TheStreet.com Rating: B What is this?

  • +
  • PCU
    Southern Copper C
  • $34.64
  • +3.25%
  • $34.10

From Barron's 8-6-07: "Q: What's so attractive about industrials and materials companies? A: They fit that prong-one cyclical area. So whether it's a Southern Copper (PCU) or a U.S. Steel (X), these are the kinds of names that we think belong in the materials portion of the portfolio.

People owning PCU also tend to own: DEBSDLXEXPOHRBKCPLENLIZ

TheStreet.com Rating: C What is this?

  • Page 1 of 2
  • 1
  • 2
previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 9, 2009 Last week brought investors a welcome return to gains as the S&P 500 pushed up 3.2% over the course of the last five trading d...

11.09.09 | 08:04 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 6, 2009 According to Jim Cramer, the bears are tellinginvestors six lies. On Wednesday’s “Mad Money” TV show, Cramer said if you ...

11.06.09 | 15:52 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 5, 2009 The traders on CNBC’s “Fast Money” told their viewers what they must know after Warren Buffett announced on Tuesday his l...

11.05.09 | 12:05 PM
more articles
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
more forums
recent answers | popular answers
bubble(0)
today 's lists
Analyst Upgrades

Analyst Upgrades for Nov. 2, 2009. Read more here. more

Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more

Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on Nov. 2, 2009. more

show all today's lists