Two stocks portfolio manager Whitney George likes are Cirrus Logic (CRUS) and Kennedy-Wilson (KW).
Cirrus is in the analog and digital chip business and it has the highest quality chips in the business. Its chips are sought after by stars like Apple (AAPL), which creates 80% of CRUS’ revenue. It may seem like a disadvantage to have so much riding on one company, but if it is a great innovator like Apple which, in spite of a few lags, continues to be strong, CRUS may be a good investment. Apple has recently released its new iPhone and an iWatch and promises to be strong for the long-term. This is a positive, of course, for Cirrus.
Kennedy-Wilson is a play on the comeback in real estate. It has a history of buying up distressed properties and dramatically increasing value, as it did int he S&L crisis in the 90s, the recent housing crisis and the doldrums of real estate in Europe. The company bought up a lot of properties in California during the housing crisis, and is seeing a strong return on this investment strategy.
“I think it is a very underappreciated real estate manager, ” said Whitney George. “I think it is a company that could be discovered in the next year based on the tremendous opportunity in front of them and the results they’ve already generated.”