Legg Mason, Inc. (LM)

0.00
NYSE
Prev Close 0.00
Day Low/High 0.00 / 0.00
52 Wk Low/High 35.10 / 50.70
Exchange NYSE
Div & Yield N.A. (N.A)

Legg Mason upgraded at Citigroup

Legg Mason upgraded at Sterne Agee

Asset Managers Are Apt

The sector is ripe with buys on weakness. A sector that I had reduced a while ago, asset managers, is now ripe with buys on weakness, as I subscribe to the great reallocation (out of bonds and into stocks) thesis. I haven't done anything yet, other ...

Health Care Winners: Centene, Onyxx

Health Care Winners: Centene, Onyxx

Marshall Gordon, director of health care research for ClearBridge Advisors, names his favorite stocks including Centene and Onyx.

Levels

Currently, 25 out of the 56 stocks are now eligible to buy (up from only eight a week ago). Below is an updated list of buy levels on selected stocks that I have mentioned on Real Money Pro. There has been a break in share prices over the past week ...

Legg Mason numbers raised at Jefferies

My 'Fast Money' Recap

My 'Fast Money' Recap

I discussed potential winners and losers if interest rates rise in the year ahead.

More Fast Times on "Fast Money" High

I discussed potential winners and losers if interest rates rise in the year ahead. "This is U.S. history. I see the globe right there." -- Jeff Spicoli (Sean Penn), Fast Times at Ridgemont High In last night's "Fast Money" segment with Mel and the g...

54 Levels I Would Buy

It is time for another levels update. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 54 stocks, I would only rate only four -- Ocwen (OCN), iShares FTSE/Xinhua China 25 Index...

Parting Ways

I sold the remainder of a bundle of longs today. Housekeeping items: I eliminated small tag ends in the following stocks this afternoon: Waddell & Reed (WDR), SunTrust (STI), Parker Hannifin (PH), Legg Mason (LM), Fortinet (FTNT), Charming Shoppes (...

50 Levels I Would Buy

It is time for another levels update. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 50 stocks, I would only rate only three -- ProShares UltraShort 20+ Year Treasury (TBT), ...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 39 stocks, I would only rate...

Legg Mason target raised at Citigroup

Busy Week

A number of my portfolio positions will be making presentations this week. Tomorrow, E*Trade (ETFC), Home Depot (HD) and Lowe's (LOW) will appear at the Raymond James Institutional Investors Conference, and magicJack VocalTec (CALL) will be at Oppen...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 30 stocks, I would only rate...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 30 stocks, I would only rate...

Levels I Would Buy

Here is an updated list of buy levels for selected stocks that I have mentioned on Real Money Pro. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 30 stocks, I would only rate...

Levels I Would Buy

Here is a list of buy levels for selected stocks that I have recently mentioned on Real Money Pro. As promised yesterday, presented below are my buy levels of selected stocks that I have recently mentioned on Real Money Pro: Charming Shoppes (CHRS),...

More on Morgan

El Capitan's positive view and my short can be reconciled. Jim "El Capitan" Cramer wrote a column this afternoon updating his positive view on Morgan Stanley (MS). In reality Jim and I share a positive intermediate-term view on MS shares. The differ...

A Contrarian's Dream

A Contrarian's Dream

Most investor classes have massively de-risked.

A Contrarian's Dream

Most investor classes have massively de-risked. Today's dominant investor classes -- individual investors, hedge funds and pension funds -- have de-risked and are relatively uncommitted to equities. A re-allocation into stocks (and out of bonds) rep...

The Bottom for Asset Managers

Stocks typically discount news well before there is an inflection point in fundamentals -- I'd be a buyer now. The asset management sector has been weak over the past few days based on misses at Legg Mason (LM) and Waddell & Reed (WDR). Those misses...

Legg Mason upgraded at KBW

Asset Managers Experience Some Selling

With the exception of Och-Ziff, the sector is down on profit-taking. Och-Ziff Capital Management (OZM) trades through $10! The asset managers are down across the board, with the exception of Och-Ziff, on profit-taking. T. Rowe Price (TROW) eat by ab...

Added to Investment Longs

I also reinitiated long trades in BMC and Nokia. Today I added to the following long positions: Procter & Gamble (PG), PepsiCo (PEP), MGIC Investment (MTG), Lincoln National (LNC), Legg Mason (LM), Kellogg (K), General Motors (GM) and Ford (F). In a...

Two to Tango

Two to Tango

A pair of important developments will have a positive intermediate-term impact on risk assets. 

Two to Tango

A pair of important developments will have a positive intermediate-term impact on the markets and on risk assets. While I continue to expect some short-term market weakness, two important developments occurred over the past few days that will have a...

More Moves in Financials

I am making some moves in my financial holdings. Housekeeping item: I have sold some Legg Mason (LM), and I have used the proceeds to add to Schwab (SCHW).

Favorite Long and Short Sectors

Let's pull back a level. Favorite long sector: Asset managers/discount brokers that benefit from a rotation out of bonds and into stocks, including T. Rowe Price (TROW), Legg Mason (LM), Waddell & Reed (WDR), Och-Ziff (OZM), Charles Schwab (SCHW) an...