In earnings season especially, people will tend to ask first and analyze later. So I think what investors should be doing is looking at the earnings reports beyond the headline numbers. A stock may be off sharply for a temporary reason, a shortage of a component that is a terrific buying opportunity. A stock may rocket up again for a non-recurring factor that is a chance to sell. Investors should just take advantage of the opportunity to sit back and capitalize.
More Quotes from Kevin Bannon:
I think, it's going to be very, very hard to get people seriously interested in energy stocks, although you never can say never on Wall Street, ... We would prefer to own some of the drillers, because with oil prices at the this level, it's going to encourage anybody, any country anywhere who might have some oil to look for it. And that will be good for the drillers. We would rather own those than the oil companies themselves.Kevin Bannon
I think the economy is stronger than many people have hoped. So that's good news for profits. And the profits were never as bad as I think people may have feared.
Kevin Bannon
Some of the 'new economy' stocks are looking a lot more interesting these days. I think some of the biotech stocks might be worth a look. That's a big, big area, with all the developments there. There are a lot of new products coming out.
Kevin Bannon
Is there any reason to really believe we're going to be in a severe recession, or have a terrible inflation problem I'd say the answer is no. On that basis, the stock market still looks like a pretty interesting place.
Kevin Bannon
I think some of the sectors that have gotten beaten down the hardest probably offer some of the most promise now. The technology sector clearly, some of the health-care names, more the biotech and technology health-care names than the big pharmaceuticals. But what investors really want to own think are companies with very, very strong top-line growth, and there are very few industries that have those. The old leaders will probably be the new leaders again.
Kevin Bannon
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Based on Topics: Chance Quotes, Opportunity Quotes, People Quotes, Reasoning QuotesBased on Keywords: non-recurring
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I was told I was talented when I applied to Falmouth School of Art and that I should consider skipping the course and proceeding directly to degree level.
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