Merck, too, is down on recent news, down in this case from around 85, ... You keep hearing a little bit of concern about their patent expirations over the next two years. Those are very real. But most of analysts say their drug pipeline is pretty solid and their earnings are project to be some 15-to-18 percent for the next couple of years. This is a great investment with which to balance out your high-tech holdings.
More Quotes from Liz Miller:
As it starts getting into its next product cycle, that may be an opportunity,Liz Miller
We just don't have a good catalyst in these last few days to end us on an up note, ... The latest excuse is focused again on any military action in Iraq -- but certainly that's not new news and some portion of that should be discounted in this market. So, it's just these rival shots from different corporations -- today we get a little bit of better news.
Liz Miller
Medtronic I think is a great way to play sort of everyone getting older, as they say, the aging baby boom. They have a new product out that was approved last winter. It does two different things. An implantable device, and I'm not sure I'd explain it all well enough, but it's the next generation from the old pacemakers. And they have just over the past week implanted that for the first time in a patient and that's a whole great new product cycle about to start.
Liz Miller
I think they're starting to do things right and they understand what the challenges are in the U.S. restaurant market, ... So I think looking out 18-to-24 months there's a decent return here and some nice growth potential.
Liz Miller
Similarly, I think beverages have been a great place to be. Pepsi has been doing everything right lately and I think that's a good place to put some new money if people are unsure during these earnings seasons where to go, ... Stable business, great snack food and now the latest media is telling us they're going to really do great in water -- bottled water.
Liz Miller
When there is some fear about accounting and growth and the economy, food stocks are a decent place to be, ... This company has been through a bit of a restructuring the last couple of years. Management is doing a great job. The company is improving and people are buying chocolate. So, what a great week to buy it.
Liz Miller
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Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.
Franklin D. Roosevelt
I did study the art of being a barber because I wanted to figure out what my routine would be. Do you start in the front or back? Top or bottom? Swivel the chair or walk around? What I did discover is there's no such thing as the perfect haircut!
Sean Patrick Thomas
All tools have intrinsic politics and technology is the tool of now.
Godfrey Reggio