5 Jeremy Grantham Buy Ideas to Consider for Your Portfolio

By Lucas Scholhamer, Guest Editor Jeremy Grantham’s bearish approach to value investing has led to significant success for his Boston-based asset management firm, GMO. We continue our in-depth analysis of some of this guru’s most recent buy ideas: Insight Enterprises Inc. (NSIT): This Arizona-based Fortune 500 company resells computer hardware and software and offers IT consulting services to companies across the nation. Shares depreciated 1.93% to $16.74 at the time of writing. NSIT stock value has hovered around the $17.10 range since it spiked to its YTD high of $19.10 in mid-February. Shares have a trailing P/E ratio of 10.1, considerably lower than many in the technology/IT sector. In its recent first-quarter report, NSIT reported an astounding 43% year-over-year increase in profits, from $9.2 million profit on $1 billion revenue in the first quarter of FY 2010, to $13.1 million in profits on $1.2 billion revenue this quarter. I believe that NSIT stock is a good buy. Forrester Research recently named Insight Enterprises a “Key Player in the Software Reseller Market.” NSIT continues to profit from the ever-increasing demand to replace quickly evolving technology, despite the fact that electronic delivery of software has rendered many delivery services unnecessary. The company…