I think Hitachi has really done so many things well, ... I think they're going to benefit from the upturn in semiconductors and electronics. Also the company makes a lot of money in alternative energy, hydroelectric, nuclear power. It's a Japanese stock, obviously, so it has been down with the Japanese market, but it looks like it broke out recently.
More Quotes from Charles Payne:
I think there's a lack of conviction. I think a lot of people view the market as a crap shoot -- if you're worried about losing your job, you're not going to be playing the market.Charles Payne
This tells us that inflation is in check. Even though consumers are spending, it's not reflected in the price of goods.
Charles Payne
I think it's a good sign that investors want to buy this market, but there still hasn't been any catalyst.
Charles Payne
Payne's second selection is travel firm Cendant. It has four or five different household names in terms of travel. When Enron popped up, this stock went from 21 to 15 almost for no reason except they were guilty of some accounting issues in the past, ... I think the company is starting to recoup its reputation. I think when the stock gets above 20 it's going to attract a lot of buyers.
Charles Payne
It's amazing. It just seems that Bush and the administration did not really get the message. We know that Republicans are the get-tough party, and they're going to ask for longer prison terms, but he hasn't addressed the problems of the accounting issues game itself.
Charles Payne
The key word coming into the week was fear and that fear didn't turn to panic so the key word going out of the week is hope.
Charles Payne
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Based on Topics: Energy Quotes, Money & Wealth Quotes, Power QuotesBased on Keywords: hitachi, hydroelectric, upturn
The world we see that seems so insane is the result of a belief system that is not working. To perceive the world differently, we must be willing to change our belief system, let the past slip away, expand our sense of now, and dissolve the fear in our minds.
William James
As long as our government is administered for the good of the people, and is regulated by their will; as long as it secures to us the rights of persons and of property, liberty of conscience and of the press, it will be worth defending.
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This technology will obviously become more prevalent. Who knows what will result? One thing is certain, computer technology will revolutionize the way we tell stories as much as movie film has.
Chris Wedge