Brian Belski
Brian Belski
buying defensive employing existing focused investment names stay strategy stray
But we do think that employing that panicky investment strategy, scrapping your existing strategy and buying all defensive names is not the way to go. Stay focused with your existing disciplines and not stray from those,
inflated longer maybe term
We think maybe on a longer term basis, their valuations are a little inflated here. But we think that on a near-term basis, that they look very, very timely.
continue stocks three trading
We continue to like Wells Fargo, too. It's trading at 13 times 2003 numbers, ... All three stocks look very attractively priced.
attractive becoming firm health quickly recent stock trading
We also like health-care firm Baxter International as well, ... It's trading at 17 times 2003 numbers. It's quickly becoming an attractive stock after recent pullbacks.
believe best coming evidence factor good investors market quarters remain rest seen somewhat standing starting taking
Yes, the market is taking somewhat of a rest, but there's evidence that the believability factor is increasing. Overall, investors are starting to believe the market can and will remain in good standing coming off of one of the best quarters we've seen in a while.
absolute admiring believe change continue focused grow instead investors market percentage rate relative respecting
We believe investors are too focused on the relative rate of change instead of respecting and admiring the absolute growth. We believe the market will continue to grow at a double-digit percentage pace.
confidence consumer positive
The positive consumer confidence could have been a negative.
hands people plate sitting step willing
What we really need to do is see some solidification. A lot of people are sitting on their hands and people are not willing to step up to the plate just yet.
believe cycle growth jump last miss renewed waiting
We believe we're in a renewed growth cycle that could last three-to-five years. If you're waiting to jump in, you're going to miss the boat.
happen market step stimulus taking
I think the market is taking a step back and assessing what's really going to happen with the stimulus package.
election giving market scared sector uncertain
I think the market is scared by uncertainty and that's what this election is giving us. And the most uncertain sector fundamentally is technology.
chance downward good market prepared
There's a very good chance that the market will see some kind of a downward move, but of what magnitude, we're not prepared to say.
kindness process waiting
They are still kind of waiting to see the unwinding process that's going to come out of this.
clarity greenspan received
I think we received some clarity there. I think we are done with the Greenspan hangover.