Top Stocks from Top Managers (BAC, CMCSA, RF, CIT, C, AFL, NWS, KO, SYY, BCR)

Many investors chase famous and well-known portfolio managers’ newest stock picks.  After all, if you can piggyback on Warren Buffett, Bruce Berkowitz, and others… why not?  Morningstar has shown some of its top managers as Fairholme, Yacktman, Columbia Value & Restructuring, Dodge & Cox, and Hartford Capital Appreciation.  More importantly, it has shown some of their “highest conviction purchases” with a current share price compared to what each feels is a fair value for the stock.  These are Bank of America Corporation (NYSE: BAC) at 0.71-times fair value; Comcast Corporation (NASDAQ: CMCSA) at 0.82-times fair value; Regions Financial Corp. (NYSE: RF) at 0.88-times fair value; CIT Group, Inc. (NYSE: CIT); Citigroup, Inc. (NYSE: C) at 0.67-times fair value; AFLAC Inc. (NYSE: AFL) at 1.04-times fair value; News Corporation (NASDAQ: NWS) at 1.1-times fair value; The Coca-Cola Company (NYSE: KO) at 0.94-times fair value; Sysco Corp. (NYSE: SYY) at 0.9-times fair value; and CR Bard Inc. (NYSE: BCR) at 1.03-times fair value.

Read the full article and detailed analysis from The Morningstar Ultimate Stock-Pickers Team.