Q: Pat: Could you please give me your opinion on two American closed-end funds: Liberty All-Star Equity Fund and AllianzGI Equity & Convertible Income Fund? The yields are great on each fund and you are getting their holdings at a discount. Thank you in advance.

A: Liberty All-Star Equity Fund, $5.22, symbol USA on New York (Units outstanding: 186.8 million; Market cap: $975.1 million; www.all-starfunds.com), is a closed-end fund that aims to combine the stock recommendations of three value-style and two growth-style investment managers.
The fund started up on October 31,… Read More

Adobe & Microsoft team up

ADOBE SYSTEMS INC. $108.39 (Nasdaq symbol ADBE; TSINetwork Rating: Average) (408-536-6000; www.adobe.com; Shares outstanding: 497.2 million; Market cap: $53.9 billion; No dividends paid) is now joining with Microsoft (symbol MSFT on Nasdaq and a recommendation of our Wall Street Stock Forecaster newsletter) to integrate each… Read More

Adobe gains from shift to subscriptions

ADOBE SYSTEMS INC. $109 (Nasdaq symbol ADBE; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 497.2 million; Market cap: $54.2 billion; Price-to-sales ratio: 9.9; No dividends paid since June 2005; TSINetwork Rating: Average; www.adobe.com) continues to benefit from strong demand for its subscription services,… Read More

‘Software as a service’ will spur their growth

ACI WORLDWIDE $17.87 (Nasdaq symbol ACIW; TSINetwork Rating: Speculative) (402-390-7600; www.aciworldwide.com; Shares o/s: 117.2 million; Market cap: $2.1 billion; No dividends paid) makes software for processing transactions by credit cards, debit cards, automated teller machines, point-of-sale terminals and interbank systems. Its products also work to… Read More

Software stocks—1 buy & 1 hold

These two leading software makers continue to aggressively expand their cloud computing operations. While each is enhancing its long-term prospects, we feel Symantec is the better choice right now.

ADOBE SYSTEMS INC. $98 (Nasdaq symbol ADBE; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding:… Read More