They are spending heavily to encourage future growth. They've got a lot of competition. Their competitive edge is their brand name and shopping experience.
More Quotes from Tim Ghriskey:
GE's businesses are benefiting from the economic environment both domestically and internationally. But revenue did fall slightly below Wall Street's expectations, which is a bit of a disappointment.Tim Ghriskey
It's taken a while to generate the real increase in trash levels that these companies benefit from. That's what we're finally seeing flow through here.
Tim Ghriskey
Regardless of the outcome of this case, today's ruling is going to mean a market share loss for Blackberry and a gain for Palm.
Tim Ghriskey
It will strengthen two companies that aren't particularly strong. The industry needs that consolidation to make them stronger against competing technologies.
Tim Ghriskey
This lends a positive tone to tomorrow's opening, as well as crude being down significantly today.
Tim Ghriskey
If you're a day trader and you can stomach market volatility on a day-to-day basis, ... and want to play that momentum, stick with technology and biotechnology. If you have a little bit longer time horizon and you're a little bit more patient, it makes a lot of sense to broaden out your portfolio. Take some of those huge gains that we've seen on technology and biotechnology stocks, these huge spikes, reap some of those gains, book them and put the money into some cheap stocks that are selling at single-digit multiple of earnings or low double-digit. There are a lot of cheap inexpensive stocks out there.
Tim Ghriskey
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Based on Topics: Competition Quotes, Experience QuotesTo the house of a friend if you're pleased to retire, You must all things admit, you must all things admire; You must pay with observance the price of your treat, You must eat what is praised, and must praise what you eat.
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