Rich Bernstein,chief quantitative strategist at Merrill Lynch. "But in terms of growth, weare basically in a profits recession and that recession is going to deepen.What does that mean? I would say the most important thing it means is youstop paying attention to operating profits and start looking at reportedprofits."Bernstein contends that many companies will be reporting "one-time" chargesthat should be viewed somewhat suspiciously.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat