10 Total Quotes

Francis Gannon Quotes

I like Boeing, which people forget is actually a defense stock, ... I think the defense industry in general is an industry that has gone through its boon, its bust, its consolidation, and there's an enormous amount of operating leverage now at the bottom line.
Francis Gannon
#Defense

I think we're going to see further consolidation in the pharmaceutical industry. I think that's going to continue into 1999.
Francis Gannon
#Consolidation

The profit recession is here and people are still uncertain as to when things are going to come back. There's still a lot of nervousness.
Francis Gannon
#Recession #Nervousness

Psychology has changed dramatically since the March 10 high.
Francis Gannon
#Psychology

You have to continue to buy the stocks that are leading the market, and for the foreseeable future, that means technology.
Francis Gannon
#Stocks

Those are the stocks that have worked this year. There's a lot of argument right now in the marketplace about valuations; the top 50 stocks in the S&P are way overvalued. You have to stick with the horses that have gotten you to where you are on a year-to-date basis, and I believe those are the stocks that will carry us after the correction that we're in the process of having right now through the end of the year.
Francis Gannon
#Horses #Stocks #Marketplace

The bad news is already priced into the stock, ... It's worth buying at these levels.
Francis Gannon
#Stock