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Alexander Young

Alexander Young

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Alexander Young quotes about

cyclical
defensive
high
justifying
forecast
given
profit
ratio
reasonable
value

forecast given profit ratio reasonable value

Our forecast for a 2006 P/E ratio of about 19 is reasonable given the profit outlook. These are not value stocks.

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cyclical defensive high justifying

Cyclical sectors are at high valuations, justifying a more defensive stance.

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