Exact(1)
Market strategists say, however, that the tarot cards indicate a continued climb in stocks this year after 16 straight quarters of strong corporate earnings, robust growth in gross domestic product, and a general sense that the market does not yet reflect the strength of these two trends.
Similar(59)
Companies with poor earnings but robust forecasts for the future, in contrast, have done quite well.
Wal-Mart Stores Inc., the world's biggest retailer, overcame a tough pre-Christmas retailing environment to post an 8.4percentt gain in its fourth-quarter profit, while the Target Corporation reported a 21percentt jump in earnings on robust business at its flagship discount chain.
Re: Embracing the status quo Our earnings are robust, our compensation has returned to its naturally high levels and, as a result, we have very nearly regained our grip on the imaginations of the most ambitious students at the finest universities — and from that single fact many desirable outcomes follow.
Charles Schwab, the discount broker, said yesterday that its third-quarter profit surged 29percentt, extending a streak of robust earnings growth that has already propelled the company to the most prosperous year in its history.
Exploding oil prices, robust earnings growth (Saudi companies increased profits 31% last year) and the kingdom's increasingly free-market tilt have spurred the Saudi stock market.
"Tesco trades at around 11 times 2009/10 price-to-earnings," said Andrew Kasoulis, an analyst with Credit Suisse, "still low for a company delivering very robust earnings growth".
Home builders seem inexpensive, and CGM's average price-to-earnings (P/E) ratio is a bargain-basement 11, but the risk is that as rates rise, their robust earnings growth of the past few years will quickly reverse.
General Electric and Pfizer forecast robust earnings, supporting hopes for an economic recovery.
He wrapped up the show by talking about prosaic yields, not robust earnings.
The shares of SDL Inc. jumped 17percentt yesterday after the company issued a robust earnings forecast.
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