Stanley Nabi
Stanley Nabi
rid sell turn
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.
admit agree housing positive rather reluctant starts surprise
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.
economic front market mild next week
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.
came companies estimate half increase percent profits total weakness year
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.
current hurdle maintain overcome third whether
The other hurdle that has to be overcome is whether they can maintain their current momentum. The third thing is whether they can innovate.
close explosion higher market recovery year
The recovery is going to be plodding from here. I think the market will close the year higher than where it is now, but it's not going to an explosion on the way up.
budget continue deficit exceed government happen likely marginal means result revenue strength
What is likely to happen as a result of strength in the economy, I think government revenue will continue to exceed expectations, which means the budget deficit will come down faster. That is a marginal plus.
improved last margins peaked profit year
We're going through a correction. Profit margins peaked last year and we don't see how they can be improved all that much.
losing lost period process stock
This is a stock that has lost its way, and has lost it for a long period of time. It's in the process of losing its franchise.
average carried companies investors moving peak process themselves value
This is nothing new. Investors often let themselves get carried away on what these companies can earn. You have to value them on average earnings, not peak earnings. And we are in the process of moving to peak earnings.
figure labor lower market people
This figure is significantly lower than had been anticipated - a lot of people were factoring in 250,000 to 300,000 jobs. What we see here is a labor market that is getting tighter by the minute.
almost asked asking calls clients nobody structure ten
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.
both excellent growing largest operations percent record thrift track trading
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.
areas decent market next returns shift
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.