Online Stock Trades - Art Hogan
Stock Market News
ART HOGAN BULLISH ON MARKETS ESPECIALLY SOFTWARE -
Art Hogan has just been on CNBC. I've mentioned before that I listen to Art Hogan as he has an uncanny knack of knowing which way the markets are going, he isn't always bullish and when he's bearish he is usually right.
I haven't seen him on CNBC for a while but he was just on and was bullish. The reasons he gave were that there are large company buy-backs every day and plenty of cash and liquidity.
He also said he likes the software sector because of the consolidations that will be taking place, because fundamentals are improving and every company (except the really big ones) is basically up for sale over the next 12 to 18 months
He said to avoid Internet stocks except Google - wait till they drop before buying.
Yahoo, eBay and Google all reporting next week. Art Hogan only expects Google to rise.
Google's growth rate is 6 x better than Yahoo's
Jim Cramer likes Texas Instruments and Apple
Bob Pisani - GE increasing buy-back - buy-backs key to the markets -
[UPDATE March 2009 - They were all wrong ! Onilne stock trading is a tricky business !]
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