|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Goldman Sachs Chief Strategist Cohen - This Is the Year the Big Cap Companies Start Deploying Their Cash Hoards
Posted by: CanadianValue (IP Logged)
Date: February 21, 2013 03:27PM
- Cohen thinks 2013 is the year that the large cash hoards that have been built up for years start to get used in the form of dividends, acquisitions and expansion.
- Earnings and book values have been increasing along with share prices so the stock market valuation has not gotten any less attractive.
- The fact that many companies still trade below book value means that an acquisition is a less expensive way to expand (buying below book) than building something new.
- All Western countries have declining birth rates; without immigration it is difficult if not impossible to grow economies.
Stocks Discussed: GS,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.