Goal is 10 Percent Return: Laszlo Birinyi
Laszlo Birinyi was interviewed on CNBC this morning. Although he’s recently admitted his projection of 1,450 on the S&P 500 sometime next year is a stretch, Birinyi is bullish on the prospects of specific stocks. He used the old adage, “it’s a stock picker’s market.”
While saying he would stay away from commodity producers USX, Dupont and Dow Chemical, Birinyi said there were a number of companies that were good buys.
Birinyi talked about the virtues of Apple, Google and Caterpillar.
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emil
August 11, 2011 at 12:04 pm
Why is laslo picking stocks that have already skyrocketed? Doesn’t he have any sense of value?