Goal is 10 Percent Return: Laszlo Birinyi

By on August 10, 2011

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.

One Comment

  1. 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?

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