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Michael Carty Quotes

I think the market came down over the last few days and is recovering now, and that recovery can probably continue through the end of the week. - Michael Carty

Tags

Market | Days | Recovering | Recovery | Continue |

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I like AutoZone because it's got a rate of return on equity, somewhere in the neighborhood of 40 percent... It's got a great franchise. As the auto stocks get older and retail sales for autos are off a little bit, it means that the stock will get older and you have to repair your cars. And they're getting into the diagnostic lines, which helped. - Michael Carty

I think the stock action has been very positive. It's getting to the point where people are more afraid of being out of the market than getting in it. - Michael Carty

The economy remains in a growth pattern, and normally the market would be responding favorably. But people are worried about inflation, the rise in energy prices and the weak dollar. - Michael Carty

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