The numbers have been good, and due to the strength of the global economic recovery, I contend that the second, third and fourth quarter earnings will be better than what people are currently expecting,
More Quotes from Ram Kolluri:
We're looking at the headline news, but the market is being supported by the girders of the economy, a basic, strong foundation, ... I don't expect a dramatic rally from here, but we are very much on track for a high-single-digit, low-double-digit total return for the year.Ram Kolluri
The street was expecting a strong confirmation from Wal-Mart saying, 'Yes, we had a terrific Thanksgiving sales,'
Ram Kolluri
You have to really look at them. No. 1, we're not buying into the fact that earnings are going to be dramatically up. So what we are looking for is companies that are selling with the low PE ratios, have decent balance sheets, and paying decent dividends to begin with, ... They all pay very generous dividends, while we're holding on.
Ram Kolluri
The market has been happy with the first-quarter results, but why We're seeing companies beat lowered estimates and do it because of cost-cutting, not top-line growth. Unless the earnings start to improve, the economy picks up, this market is going to continue to be too richly valued.
Ram Kolluri
Unless there is a dramatic, clear-cut winner, which at this point is not statistically likely, there is little chance of this being resolved right away, ... I think both sides are automatically primed to challenge certain results.
Ram Kolluri
Yesterday, a couple companies came in and surprised us. At this point in time, I'm inclined to take profits. I feel that we are fairly valued.
Ram Kolluri
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