Vince Farrell Quotes on Business & Commerce (8 Quotes)

GM and Ford rattled the hedge fund trade, brought back memories of Long-Term Capital, ... That's why the bank stocks were weak.

Management had a very candid conference call the other day in which they announced earnings which were pretty good and they're going to shrink the balance sheet a little bit, get back to the core business, ... They announced a 30 million share repurchase program. The stock is trading at about nine times (earnings). I think it looks pretty good.

I like the guys that are located in Bermuda, because they have a tax advantage, ... All three are trading very close to book value, all three are trading between eight and 10 times earnings. I'm early on these, but I think we're going to have significant gains over the next couple of years.

AIG trades at a market multiple, and it is indeed the best insurance company in the world, in my opinion. But financial stocks rarely, if ever, trade at market multiples,

People lost money last year and now they have to pay the tax bill -- 'They're saying I lost money and now I have to write a check.' They're not thinking about earnings or warnings.

They may or may not have exposure to the hurricanes depending on where their business is written, ... But it's psychologically a good time to move in, because that's when these stocks tend to be toward their bottoms, and indeed they are right now.

I think BellSouth looks very attractive. I think this is a terrific business with very good management, broad, diversified portfolio businesses, ... I think ATT Wireless looks very attractive at this 9 price. And you mention these names, people just cringe but that's probably a good sign.

Intel by itself is being powered by very good earnings progression, very good gross margins, and all that is helped by the spreading use of the Internet. But I think Internet stocks and Intel are a world apart, ... Business Day .