David Dreman's 15 Favorite Stock Picks
David Dreman is the man behind Dreman Value Management. He founded the firm in 1997, as well as its predecessor 20 years earlier. In all this, Dreman still made time to be a regular columnist at Forbes, a tenure that lasted more than 29 years, and publish several books on the contrarian investment strategies that helped him grow his fund to a portfolio value over $5.2 billion. Here are his top 15 positions at the end of June:
Anadarko Petroleum Corp (APC)
: APC has a market cap of $30.13 billion and a price-to-earnings ratio of 35.94. It recently traded at 60.53; its 1-year target estimate is $93.77. APC has a dividend yield of 0.60%. It is also Dreman’s largest position at $51.8 million.
Arico Gold, Inc (AUQ)
: Dreman’s second largest position is Arico Gold. He owns a stake in the company valued at just under $50 million. TheComplete Story »