From Newsmax:
It is often said that a market reaches bottom when the last bull becomes a bear. But what about when the first bear becomes a bull?
Societe Generale's James Montier, one of a notoriously bearish team that moved to the French company from Dresdner Kleinwort in 2007, is now telling his clients that they have some "truly incredible" stock opportunities before them.
It is not just that from a top-down perspective stocks have become cheap, he says. From the bottom-up, a number of quality stocks are also passing muster for deep value...
Read full article...