26 Quotes by Kevin Bannon

"With a tax cut coming, I think you've got to be interested in retail stocks, ... And if you have the patient to invest for more than a couple of months, I think technology and telecom are still going to be great."

"Two sectors that have taken a terrible beating here over the last couple of months that we think have terrific long-term prospects are technology and biotechnology. A lot of those stocks are - even though they've bounced back here in the last couple of days - still down 50 percent from where they were only a few weeks ago."

"What's going to drive prices in the end is earnings,"

"We think some of the retailing stocks are interesting, ... The tax cuts will be spent on companies like Home Depot or maybe Tiffany."

"Is there any reason to really believe we're going to be in a severe recession, or have a terrible inflation problem? I'd say the answer is no. On that basis, the stock market still looks like a pretty interesting place."

"The thing that's weighing on the stock market is the bond market, ... That's because bond investors are convinced the party in the economy is getting too boisterous, the (Federal Reserve's) going to come in and take the punch bowl away, and I think that might keep stocks under wraps here."

"Pretty much 90-percent of their travel party has never been to New Jersey. So it?s kind of fun to sort of help out a little bit."

"Again (with the UPS pick), a lot of the same kind of issues. A company with very, very good quality earnings. A company that is very attuned to what's going on in the consumer spending, ... And a company that has some pro-cyclical elements. We are talking about a pickup in the economy. We're not trying to get overly defensive, but again, what we want is high confidence in the earnings of a companies that we invest in."

"After being worried that the economy was too hot and that inflation was coming back, suddenly you have this notion that maybe the economy is a little soft, that maybe the Fed has been a little overzealous."

"A lot of companies are kind of pre-announcing uncertain second halves, or disappointing second halves."