Kim Forrest - Fort Pitt Capital

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Last quote by Kim Forrest

This is not saying that business is strong. It could be that the company is just setting the bar low, but investors are taking a dim view of this.feedback
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Nov 21 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Kim Forrest is associated, including U.S. and market. Most recently, Kim Forrest has been quoted saying: “I think we've seen a rebound recently in things like staples and utilities because the people who are leaving GE, and were in GE for the dividend, are looking for a home for that money where it is going to return dividends. Typically, staples and utilities, for that matter, are two places where you can get 'Steady Eddie,' or so investors think, returns or dividends paid out to you.” in the article A classically safe sector could 'dramatically' outperform into year-end.
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Kim Forrest quotes

Oct 27 2017

The move to the cloud was one we felt Microsoft could always benefit from, and they're showing us that they can.feedback

Oct 19 2017

People think that October is a scary time and they should take profits, maybe that is what's happening with the tech stocks.feedback

Oct 09 2017

The relatively high valuation, where the market is trading 17 to 18 times earnings, is merited by a very low interest rate environment. We are not danger yet if you keep your eye on rates.feedback

Oct 06 2017

During the 1990s, tech didn't typically pay dividends and they drove the stock market back then. Back then, companies were telling people they were going to take their earnings and reinvest them because they needed to grow. This still holds true.feedback

Oct 05 2017

Investors are planning years in the future and so I don't think valuation (of tech stocks) really matters to the people who are buying them as a momentum sort of investing play. We are continuing to get good economic news globally, specifically out of the U.S. It looks like the U.S. economy continues to expand and that is what is driving today.feedback

Sep 12 2017 - China

This price point is really making it clear that this is a first-world product.feedback

Sep 12 2017 - IPhone

It's great to have a product but we'd have liked it sooner rather than later, more like the beginning of October or mid- October.feedback

Sep 08 2017

(Irma) is going to be very disruptive as it is going through a very populated area. Having two major hurricanes strike in one quarter, it is surely going to show up in the GDP.feedback

Sep 08 2017

If the Fed is really going to be a data-driven organization, half the reason for raising rates is not there.feedback

Aug 30 2017 - Christmas

It just feels like a lot of people are away," but "there have been events that generally drive up trading.feedback

Aug 22 2017

Having physical safeguards goes a long way of telling the story of how seriously Google takes people's security.feedback

Aug 17 2017 - Cisco

The negative sentiment is spilling across the retail sector. It makes people wonder about the health of the U.S. consumer.feedback

Aug 15 2017

Dick's Sporting Goods revising its forecast down is very bad, especially for a company in an area thought to be 'Amazon proof'. I think the negative sentiment is spilling over across the retail sector.feedback

Jul 28 2017

A year ago I would say you have to be careful but now I'd say you have to be extremely careful. The ones that have these exotic stories and high growth are probably frothy.feedback

Jul 26 2017

The results are showing the economy continues to improve, so I would expect these types of results to continue.feedback

Jul 10 2017 - Amazon

I think investors are overestimating the power of Amazon and underestimating the cost to enter all of these new markets and their geographies. America is a big place.feedback

Jul 10 2017 - Amazon

That's the vision investors and even competitors have of being 'Amazoned.feedback

Jul 10 2017 - Amazon

It's a real test to see if they can raise that number.feedback

May 22 2017 - Saudi Arabia

The bar for success has been set extremely low for President Trump and it seems that he's been able to meet that over the weekend.feedback

May 05 2017

Warren and I are on the opposite sides of that trade. I came from the world of software and I think I know what IBM is about. The software that they are selling, they do it by subscription. So you don't see the same sort of financial characteristics on the income statement and the balance sheet. It's not surprising to me that Warren would be somebody getting out at this point. It's always alarming when a very large and very public investor is selling out of something that you own.feedback

Apr 04 2017

We're seeing the market process. Investors are trying to decide are things going to get better or get worse.feedback

Jan 12 2017

We think that investors should really pay attention to where the money comes from in these companies, who the buyer is.feedback

Dec 09 2016

I think we're in the clear for a little while.feedback

Dec 01 2016

Everything points to a rates increase and the bond market is foretelling that. As the yields increase, that drives the [earnings] multiple lower in those stocks.feedback

Oct 12 2016

It could be that people are repositioning ahead of Friday's bank earnings.feedback

Aug 10 2016

Everybody is at the beach and they aren't even calling in trades anymore.feedback

Jul 14 2016

The fact that is giving everyone hope is that JPMorgan's revenues were strong and that shows business is being done. ... It is the very beginning of earnings season and we will have wait and see what companies have to say about the future.feedback

Jul 13 2016

Defensives have run their course. Professionals are warning investors from buying those stocks for the yield. That leaves cyclicals as the way to go for the market to keep rising.feedback

Jun 20 2016 - Walmart

If I had a seatbelt while watching the markets, I'd put it on.feedback

Jun 13 2016

This is a public service. If it has a high yield, you're accepting risk. That risk is that you're not going to get paid back in some manner so you know be careful of what you ask for. The love of the utility stocks and higher-paying consumer staples has driven valuations up remarkably.feedback

Jun 13 2016

We are warning people away from these areas as they often don't understand that principle is at risk – mainly because investors have piled into these things long before them. Reversal of the trade is not going to be great. We prefer the total return methodology and keeping cash as cash.feedback

May 06 2016

The whole sector had low expectations coming into earnings and for good reasons. The stock market was stinking up the place and analysts assumed consumers were too. strong earnings "will remind the market that two-thirds of the U.S. economy is the consumer.feedback

Mar 10 2016

The world was really, really happy with this mainly because we're all addicted to zero interest rates. It's free money.feedback

Feb 19 2016

(The market) likes its morphine drop of really cheap rates. That's just that. It's an easy environment to work in.feedback

Jan 20 2016

The fear is, Is tomorrow going to bring more selling?' People are not even thinking about today, they're thinking about tomorrow.feedback

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