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Investors will look past the European debt crisis and high U.S. unemployment to propel stocks...

  • Monday, July 11, 2011, 5:10 PM ET
    Investors will look past the European debt crisis and high U.S. unemployment to propel stocks another 15% over the next year, Laszlo Birinyi predicts. “What I worry about are situations that the market doesn’t understand... Greece and employment and so forth, these are well within the scope of the market to understand and discount.” He anticipates a "very impressive" earnings season.
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This news story has 8 comments:

  •  
    Sound like he is overweight and needs to unload.
    11 Jul 2011, 05:38 PM Reply Like
  •  
    LOL the market has rebounded from 2009 lows to all time high and yet there's a discount??
    is he on crack?
    i thought i just read, Greece set to default??? do we discount all that and the repercussions to other PIIGS nations?

    www.guardian.co.uk/bus...
    11 Jul 2011, 10:55 PM Reply Like
  •  
    LuckyPick,

    If you have not yet sold your PPOshares , you're a PIG too, LOL
    11 Jul 2011, 11:03 PM Reply Like
  •  
    LOL!!
    i plan to take over PPO one day
    long term fundamental growth story still intact
    12 Jul 2011, 12:04 AM Reply Like
  •  
    Laszlo Birinyi was additionally asked "But what if you are wrong"?

    In reply, he shrugged his shoulders and said "no harm, no foul" as he walked away smiling.

    Predictions are like arseholes. Everyone has one.
    11 Jul 2011, 07:09 PM Reply Like
  •  
    Laszlo Birinyi is always perma bull. Never listen to perma bull and perma bear. Market is going to climb 100% by Dec 2012.
    11 Jul 2011, 08:12 PM Reply Like
  •  
    man I wished i worked on wall street! corps get you hot ass hookers to blow you if you put out positive comments. This guy probably gets blown 3 times a day.....
    11 Jul 2011, 09:18 PM Reply Like
  •  
    YOUR NUTS! Be careful here folks! Look at the weekly and monthly charts, not a pretty picture. What do you say Laszlo? Your supposed to be a technician! Get real man, this guy will break you, shun all the pundits you are bombarded with on a daily basis. Pizaini, Liseman, etc....
    Jerry
    12 Jul 2011, 01:47 AM Reply Like
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