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Expert Says US inflation Is Likely To Be 'Far Stickier And Longer Lasting' As CPI Data Announced
Tuesday, February 14, 2023 - 9:44am | 255Read More...On CNBC, Bill Smead of Smead Capital Management said inflation will be "far stickier and longer lasting" than many expect in the U.S. He pointed out that there are 92 million people between the age of 22 and 42 years, and they are going to spend their money on necessities over the...
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Portfolio Manager Cole Smead Says Warren Buffett Is Watching Walgreens
Tuesday, November 26, 2019 - 3:25pm | 429Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA) is reportedly evaluating an offer to sell itself to private equity giant KKR, and Warren Buffett could insert himself into the saga, a portfolio manager told CNBC Tuesday. Wall Street analysts and the financial media community are almost unified in...
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What Would Cause Bank Of America To Do 'Super Well'?
Monday, July 13, 2015 - 4:40pm | 325Read More...Bill Smead, founder of Smead Capital Management, thinks Bank of America Corp (NYSE: BAC) is about to see a massive bull run all thanks to millennials. Smead was on CNBC to explain what makes Bank of America his top pick and how millennials are going to be the next driver of growth for the...
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Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151Read More...U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
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Bill Smead Likes Merck And Disney (MRK, DIS)
Wednesday, May 26, 2010 - 8:11am | 156Read More...Stocks had a rollercoaster ride this week. Bill Smead, chief executive and chief investment officer of Smead Capital Management, told CNBC, “While everyone’s worried about what’s going on in Greece and Spain, things are improving significantly for U.S. consumers.” He said that he has bullish bias...
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Invest In High Quality Stocks Like Merck (MRK) : Analyst Says On CNBC
Friday, January 29, 2010 - 10:58am | 133Read More...Talking with CNBC, Ray Harrison, founder of Harrison Financial Group, shared his insight about the general direction of the market. He said that he expects the market to move sideways for some time now. He also stated that last year's rally was driven by revaluation of risk by investors. According...
