What we look for is consistent growers where the earnings haven't disappointed, ... We have a few of those in mind, some of the traditional growth stocks. General Electric is a good example.
More Quotes from Robert Bloom:
On the same idea, we would take Wal-Mart, ... They had their analyst meeting last week, and they made an incredible statement. This is a 200 billion company with 1.4 million employees, it's the largest retailer in the world. And they said the opportunities in front of us are bigger than the opportunities that we've already seen. That's an incredible statement. Whether it's true or not, we won't know for another five-to-10 years. But we think just with Super Centers, that they can grow at double-digit rates over the next five-to-10 years.Robert Bloom
If the guidance from Dell is positive, that could give us a boost. The question is whether the consumer can continue to hang in long enough for IT (information technology) spending to bottom and pick up. So something good from Dell would be encouraging.
Robert Bloom
They have seven or eight blockbuster drugs, about a billion dollars each, growing at double-digit rates, no patent problems, no pricing problems, ... We think the company can grow north of 20 percent over the next two- to-three years.
Robert Bloom
Their PC shipments look like they're going to be up 25 percent, better than expected. Hewlett has had a nice run in here...we think it should be part of a continuing solution for the problem of higher labor costs. The continued substitution of technology for labor will maintain margins.
Robert Bloom
Some of the consumer non-durable stocks like Pfizer, Colgate and even General Electric, which is one of the best managed companies in the business, we think look attractive here,
Robert Bloom
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