- Asia Markets Fall After Wall Street's Slide
- Yum Posts Higher Profit on Rising Operations in China
- Alcoa Profit Halves; Firm to Curtail Spending
- Fed View On Economy Grew Darker in September
- Text: FOMC Minutes
- The Duplicitous Sheila Bair
- Bernanke: Rate Cut Possible to Cure 'Historic' Slump
- Pros Ands Cons For A Rate Cut
- Fed's Moves Will Solve 'Bear of a Problem': Stern
- Mad Mail: Does the Gov't Favor Citigroup?
- Lightning Round OT: US Airways, Medco and More
- Your First Move For Wednesday October 8th
- Lightning Round: GameStop, Forward Air, Packaging Corp. and More
- Web Extra: Cash-Rich Tech
- Your Questions About... Short-Selling, RBS
- Where Are The Buying Opportunities?
- Executive Decision: Salesforce.com CEO Marc Benioff
- When Will Tech Bottom?
Pharmaceutical stocks and financial shares are getting attention on Wall Steet following the recent Wednesday-Thursday rally.
Betting on Pharma
If you think about the aging community…med-tech is obviously a place that still is attracting both value and growth…so the Baxters [BAX
Loading...
()
], the JNJs [JNJ
Loading...
()
], which are breaking out through 52-week highs here, continue to be in pretty good shape. They’ve got great balance sheets, and with reimbursement rates still where they are, these stocks are still going to work.
John O'Donoghue, Cowen & Co.
How to Play Merrill Lynch
“Even with all the problems, Merrill Lynch [MER
Loading...
()
] is earning about $4 a share. We think in a normal time they can earn up to $5 a share. At $28 or $30 stock price, you’re getting a very good company at a very reasonable price.”
David Katz, Matrix Asset Advisors Chief Investment Officer
(Contd.)
______________________________________
Stay up-to-date:
______________________________________
Tiptoeing in Financials
"For investors that would like to tiptoe into the financials, and want to do so conservatively, clearly, the report from JPMorgan Chase [JPM
Loading...
()
] was very encouraging ... Also, a great bank in North Carolina, BB&T [BBT
Loading...
()
], very strong credit culture, very solid quarter under the circumstances."
Wendell Perkins, Optique Capital Management
Perkins also likes: Citigroup [C
Loading...
()
].





