O'Shaughnessy Likes Strong Dividend Stocks

While quantitative guru James O’Shaughnessy supported Mitt Romney in the race for the Presidency, he says stocks should still fare well going forward. “The conditions remain relatively good for stocks,” he told Yahoo! Finance’s Daily Ticker the day of the election. “I think [who wins] matters but it matters a lot less than many people would surmise.” O’Shaughnessy thinks President Obama will be able to get something done in terms of the fiscal cliff. And he is particularly high on global dividend stocks that have strong balance sheets and attractive valuations, though he says to avoid many global financials.