3rd Quarter Earnings Storm Warnings: Don’t Believe Them

Tuesday, October 16, 2012

Alcoa may have beat analysts’ estimates, but forecasters say it’s not a sign of good things to come. Instead, they have hoisted warning flags throughout Wall Street. Earnings reports will disappoint, they say, and managements will give forecasts of weak growth ahead. The implication is that stocks, likewise, will weaken due to poorer than expected results.

So, what’s an investor to do? Actually, this looks like a good time to buy/own stocks, not sell them. Here’s why…

This article is posted on SeekingAlpha.com

 

 

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