26 Quotes by Kevin Bannon

When things go wrong, people just want action and this is action in the form of a deadline, ... It does remind people that not every corporate executive is not being less than forthright with their statements.

When the sentiment changes, we could probably get a pretty good rally, because that is what we're talking about, sentiment. The fundamentals are looking fine.

I think, it's going to be very, very hard to get people seriously interested in energy stocks, although you never can say never on Wall Street, ... We would prefer to own some of the drillers, because with oil prices at the this level, it's going to encourage anybody, any country anywhere who might have some oil to look for it. And that will be good for the drillers. We would rather own those than the oil companies themselves.

I think the market is best described as frozen right now. It's not that investors don't want to act, but they just don't see a need to.

I think the economy is stronger than many people have hoped. So that's good news for profits. And the profits were never as bad as I think people may have feared?.

I think the dollar is due to weaken a little bit. We don't want anything precipitous. The real big winners, I think, of the weakness of the dollar may be some foreign stocks. I think Americans might want to start looking abroad a little bit more.

I think some of the sectors that have gotten beaten down the hardest probably offer some of the most promise now. The technology sector clearly, some of the health-care names, more the biotech and technology health-care names than the big pharmaceuticals. But what investors really want to own think are companies with very, very strong top-line growth, and there are very few industries that have those. The old leaders will probably be the new leaders again.

I think financials will be a very, very strong sector, ... You have a tremendous increase in demand out there as the savings rate has to pick up as the baby boomers start confronting retirement.

Some of the 'new economy' stocks are looking a lot more interesting these days. I think some of the biotech stocks might be worth a look. That's a big, big area, with all the developments there. There are a lot of new products coming out.