It makes a difference when you look at a company with 14 percent growth as opposed to 8 percent growth.
More Quotes from Howard Silverblatt:
Investors want it institutions want it, and companies are starting to react.Howard Silverblatt
The cost of oil will likely still be pretty high, consumer spending is slowing down, and it'll be tax time.
Howard Silverblatt
You don't want to pay for 13 percent growth when you're only getting 8 percent.
Howard Silverblatt
In the first quarter, people made the mistake of looking at how a few groups did as indicative of the whole sector, ... For this period, you really can't do that.
Howard Silverblatt
Oil prices are going nowhere but up and so we believe that earnings are going to go south. It does cast a doubt over whether earnings growth for the rest of the year will be at double-digit levels.
Howard Silverblatt
The bottom line is that the problem has definitely gotten worse. If this goes on much longer, it's not going to be just an investor concern, it's going to be a retiree concern.
Howard Silverblatt
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