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Published: Sat, 7 Nov 2009
Description: Squeaky clean stocks
Automatically Generated Transcript (may not be 100% accurate)
" they'll need to -- the map to make you profits match. I wouldn't go with stairs corporate think it's a company -- it's so clean it actually cleans for you and Ed makes detergents sterilize there's all types of surgical equipment. Poor health care and you know what the big flu outbreak that we have this year I think this is -- type of stock that. Can play on the fact that it in hospitals of people you don't always rubber hits with a with a sterilize -- You know it's had a nice run here recently but I -- about a pullback a nice long term health care play -- look at -- let's -- what America that. I I sort -- kinda like."
" But it's it's not that expensive -- the reason is because it's just not growing and you think it would be in the company acknowledges that it's not growing so I'd -- that's the risk there will be like. Berkshire Hathaway and you can do this with a BR KB shares which Warren Buffett is splitting fifty don't want this -- go to owning a very good index fund. With the possibility. Of doing even better which Buffett has done for very long time I'm wondering have the spirit of which he grandmother I do is jump into all of a sudden death but didn't say what do you make of --"
" But I have a motto never argue with Warren -- up by bigger issue is what you said about growth -- I don't see growth industries that is buying into here and I just think -- gonna be average at this point in time and it's really set a trading range for many years now. -- I would like."
" Well I told in the past that gold was gonna break out it did it gold stocks are now on the verge of breaking out Newmont Mining it's the biggest -- most liquid and it's about the break out of a one year trading range and it is gonna get going here and soon."
" I'm an American you know I -- both I don't gold stocks however with -- it's a bit too big -- the place and a smaller names and it runs so much I just look for the with a pullback but you know it's a good concept that he has."
" Matt did your momentum guy what do you make of the market you think you could break out finally and really -- gone."
" I really do I think the markets are very strong recently we had some bad news this past week and market -- trouble right through that so and it's and it -- my -- three trillion dollars on the sidelines and that money that's coming in early next year this market to deafening take off. Gary K real quick you think this market could take off. I think it may have another 510% I think -- Lleyton is full faith and I think that would that'll put trading range for awhile unfortunately. -- that allowed the -- next time but right now."
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