On Tuesday, The Prudent Speculator Editor John Buckingham and Jason Clark, CFA hosted a webinar discussing our thoughts on dozens of stocks in support of our just-released 2025 Stock Market Outlook. We received a large number of questions during our Q&A segment and appreciate all of the … Read more about Webinar & Slide Deck: 2025 Stock Market Outlook

Uncertainties abound (shifting power in D.C., timing of rate cuts, health of the U.S. economy and geopolitical tensions to name a few), but we believe that our portfolios will provide handsome rewards versus other asset classes in the years to come. With the presidential election now in the … Read more about Special Report: 2025 Stock Market Outlook

Our first Special Report on the upcoming election, Market Insights for the 2024 Presidential Election, offered a 35,000-foot view of presidencies, congress and stock market history reaching back nearly a century. The broad conclusion was that stock markets rise (with interceding setbacks) … Read more about Special Report: Thoughts on Stocks for the 2024 Election

  Two letters hit our mailbox on the same day recently. One proclaimed, “Trump and his agenda are a threat to our democracy. Think about where he and his MAGA extremists would take the country if they won again.” The other countered, “It’s clear that Crooked Joe Biden and the Far-Left … Read more about Special Report; Market Insights for the 2024 Presidential Election

Mark Twain said, “Get your facts first, and then you can distort them as much as you please,” but the American humorist didn’t realize that some folks would skip getting the facts! After all, in a Wall Street Journal Editorial titled The Economy Is Good. Why Don’t People Know It?, noted American … Read more about Special Report: 2024 Stock Market Outlook – July Update

The Dow Jones Industrial Average briefly crossed the 40,000 level on May 16, a record level for the benchmark index. Within minutes of hitting the milestone, financial news outlets were pumping out articles with reasons to be jubilant (rather than fearful) about stock investing. Investors might be … Read more about Special Report: Dow 40,000… 50,000… One Million!

  A TPS-favorite adage, “The only problem with market timing is getting the timing right,” certainly applied to the equity universe in 2023. No doubt, economic causes for concern cropped up, while events on the geopolitical stage added consternation, but we did not experience a recession … Read more about Special Report: 2024 Stock Market Outlook

We wrote a pair of Special Reports (report one, report two) on the topic of small- and mid-sized company stocks in 2022 and thought a follow-up with additional number crunching was in order. The Cliffs Notes version of the preceding reports is that Small Cap stocks and Mid Cap stocks are … Read more about Special Report: Small Cap Stocks Offer Big Opportunities

The Prudent Speculator, a value-oriented investment newsletter we’ve published continuously since March 1977, has been guided–through thick and thin–by three core tenets: patience, selection and diversification. We believe selection (improving the odds of success) and diversification (risk … Read more about Special Report: To Retire a Millionaire, Exercise Patience

  Since 1977, The Prudent Speculator has followed an approach to investing that focuses on broadly diversified investments in undervalued stocks for their long-term appreciation potential. We like stocks and we like a lot of them in our portfolios. We thought readers of our August 2023 … Read more about Special Report: Investing in Value Stocks: 24 Stock Picks

Value investing is the ownership of assets at bargain prices. At the core is the notion that today’s price is below the future value. In practice, we are happy to pay a low price for a stock today that we expect is going to be worth more in the future. Despite sharing the same ultimate target of … Read more about Special Report: Investing in Value Stocks

While the equity markets enjoyed a solid first half of 2023, plenty of undervalued stock opportunities remain. In our latest special report Where to Invest in 2023, Mid-Year Update, we detail seven themes and specific stocks which we think those who share our long-term view should be considering as … Read more about Special Report: Where to Invest in 2023, Mid-Year Update

“Let me comment briefly on recent developments in the banking sector. Conditions in that sector have broadly improved since early March, and the U.S banking system is sound and resilient.” So proclaimed Jerome H. Powell on May 3 as he and his colleagues at the Federal Reserve decide to raise their … Read more about Special Report: Banking On Value – Revisited

Warren Buffett, the legendary investor and fan of value stocks, offered up the following advice in 1986 when the Dow Jones Industrial Average was south of 2000, “Occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of … Read more about Special Report: Banking on Value Stocks

Strange as it sounds, more than five decades of historical market data demonstrates that Value investors benefit handsomely from higher interest rates. Sure, it’s easy to argue that this time is different, but we should be careful not to discount evidence which supports the thinking that higher … Read more about Special Report: Consider Cheering Higher Rates

Our Where to Invest in 2023 Special Report is available in Adobe pdf format by clicking here. Elevated inflation and rising interest rates commanded much of the attention in 2022, with proclamations from Jerome H. Powell and his colleagues at the Federal Reserve often the catalyst for volatile … Read more about Special Report: Where to Invest in 2023

Our 12 Stock Picks for the Festive Season Special Report is available in Adobe pdf format by clicking here. EVERYONE TELLING YOU BE OF GOOD CHEER No, it’s not the parties for hosting or the marshmallows for toasting or caroling out in the snow. With apologies to Andy Williams, it’s the most … Read more about Special Report: 12 Stock Picks for the Festive Season

Our Small Companies, Big Potential - An Update Special Report is available in Adobe pdf format by clicking here. Four and a half decades ago in the first edition of our The Prudent Speculator newsletter, Al Frank (founder of Al Frank Asset Management, which was acquired by Kovitz in 2018), wrote, … Read more about TPS SPECIAL REPORT: Small Companies, Big Potential – An Update

Our Inflation 101B Special Report is available in Adobe pdf format by clicking here. Although the increase in the Consumer Price Index in July was not as high as in June, inflation is front and center in the minds of economists, market watchers and everyday folks. U.S. inflation was ramping up … Read more about TPS SPECIAL REPORT: Inflation 101B

Our 2022 Outlook Mid-Year Update Special Report is available in Adobe pdf format by clicking here. To say that 2022 has been a tough year in the financial markets would appear to be a major understatement. After all, the S&P 500 tumbled 8.4% in June, skidded 16.5% in Q2 and plunged 20.6% in … Read more about TPS SPECIAL REPORT: 2022 Outlook Mid-Year Update

Our 7 Stocks to Buy While Mr. Market is Depressed - TPS Special Report is available in Adobe pdf format by clicking here. “The only thing we have to fear is fear itself!” The well-known quote from Franklin Delano Roosevelt seems apt to describe the state of affairs in the equity markets these … Read more about TPS SPECIAL REPORT: 7 Stocks to Buy While Mr. Market is Depressed

Our Special Report, Stay The Course is available in Adobe pdf format by clicking clicking here. After gaining more than 120% between March 23, 2020 and January 3 of this year, the S&P 500 index, a benchmark of the 500 largest companies in the U.S., has fallen nearly 20% over the last four … Read more about TPS SPECIAL REPORT: Stay the Course

Our Special Report on Small Companies, Big Potential is available in Adobe pdf format by clicking here.  Four and a half decades ago in the first edition of our The Prudent Speculator newsletter, Al Frank (founder of Al Frank Asset Management, which was aquired by Kovitz in 2018), wrote, … Read more about TPS SPECIAL REPORT: Small Companies, Big Potential

Our Don't Forget About Value Special Report, a long-read on value stocks, is available in Adobe pdf format by clicking here. Value has always been top of mind for us. Despite the broad U.S. equity indexes posting negative returns in January, there was a renewed enthusiasm for stocks in the Value … Read more about TPS SPECIAL REPORT: Don’t Forget About Value

The Most Important Charts of 2022 Special Report is available in Adobe pdf format by clicking clicking here. “Read last year’s forecasts before you take next year’s too seriously,” advised Morgan Housel, a partner at The Collaborative Fund, to his Twitter followers. Sound advice, we think, even … Read more about TPS SPECIAL REPORT: 2022 Stock Market Chartbook

Our Where to Invest in 2022 TPS Special Report is available in Adobe pdf format by clicking  clicking here Far more COVID-19 cases, hospitalizations and deaths than anyone might have fathomed. Concerns about potential capital gains, corporate and personal income tax hikes. A couple of … Read more about TPS SPECIAL REPORT: Where to Invest in 2022

Our Morningstar 5-Star Supernovas Special Report, a review of Morningstar ratings, is available in Adobe pdf format by clicking here. Warren Buffett states, “In the business world, the rearview mirror is always clearer than the windshield.” And even though investors are constantly bombarded with … Read more about TPS SPECIAL REPORT: Morningstar Stars & Ratings