Saturday, February 21, 2009

Number 1 Reason to Buy Stocks Now

Analysts estimates have finally been cut enough to come in line with the earnings that the companies are reporting.  Next quarter we aren't really going to be getting any crazy surprises. Companies, through cost cutting, have been able to make the proper adjustments.  The drop in commodities prices have also been a positive for companies because transportation costs are down as well as basic material costs.  Stocks have to be bought at this level because pessimism has nowhere left to go but up.

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