All of these things are going to converge, forcing strategists to raise estimates for this year and next year. That will make valuations look more reasonable. |
Employment will be solid, |
For almost ten years, nobody asked me to structure a dividend-yield portfolio. Now I'm getting calls from a lot of clients asking for one. |
How can they sell something that isn't doing well? ... They'll get nothing for it. |
How can they sell something that isn't doing well? They'll get nothing for it. I think if they can turn it around and make it solidly profitable, they'll get rid of it. |
I go back to late 1979 and 1980, when oil had the last spike in price. Oil stocks ignored that spike. That's exactly what they are doing right now ... This is an indication that maybe we are going to have a peak here in oil prices. |
I see the shift occurring, with a grudge. Many areas of the market have become undervalued. They could show decent returns in the next 12 months. |
I think between now and the end of the year, the market is going to have a mild upward bias. There is nothing that will come out on the economic front next week that will redirect the market. |
I think right now, even those who were once reluctant to admit it, agree that housing has topped out. What will come as a surprise is if the housing starts are really strong, that would probably be a positive rather than a negative. |
I think the data will be supportive of good, solid employment figures. |
I think the Internet is an industry, |
I would estimate that in the first half of this year as much as 40 percent of the increase in the total profits of companies came from the weakness in the dollar. |
I'm tempted by AOL here, but I don't have it in the fund I manage. The risk level is very high. |
If I were chairman of the board, I would turn to Mark and tell him to do exactly what you have been doing a while longer. Improve margins further, keep establishing your credibility on Wall Street, and go get more market share now that Dell is on the run. |
It's the largest thrift in the country. It has had an excellent track record in both operations and acquisitions. It is growing at about 12-15 percent and trading at about 6 1/2 times earnings. |