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Jim Awad Quotes
You're getting a relief rally in bonds ... and that's giving you what looks like at an attempt at a rally in stocks, despite the bad news out of Microsoft with the delay of its product. The GM news is also a minor positive.
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Jim Awad
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Relief
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Rally
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Bonds
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Giving
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Attempt
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The stock is selling around 15 with a 30-percent long-term growth rate, and 15 times earnings. It could double from here.
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Jim Awad
Conglomerates and cyclical companies have been on the spot lately and after today's industrial data, they once again became a good buying opportunity. But the trading is volatile and a bit distorted given the options expiration.
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Jim Awad
Companies are finally putting their money into play and that is a vote of confidence in the strength of the economy and a positive for stocks.
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Jim Awad
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