Jim Margard
Jim Margard
area commodity cycle economic energy exposure good growth health low relatively rising stocks
It's an area with some good growth opportunities. There's relatively low exposure to economic cycle downturns in health care. And there's relatively low exposure in many of those stocks to rising commodity and energy costs.
early earnings emphasis expanding growth
We've had more of an emphasis on industrials that are expanding earnings and are in the early part of the growth cycle.
airlines cycle kick planes starting
The airlines aren't doing particularly well, but they need new jets. A new replacement cycle for planes is just starting to kick in.
energy investors lock might moving profits seeing tendency
We're seeing a tendency on the part of investors to lock in their energy profits right now. They're moving into other areas. But we think that might be premature.
demand emerging face growing joy
Joy does not face many competitors and demand is growing from emerging markets.