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Analyst says bear market is beginning to level out.
Publication: Daily Record (Baltimore, MD) Publication Date: 21-MAY-01 |
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COPYRIGHT 2001 Dolan Media Newswires
Byline: Todd Karpovich
Richard Cripps, chief market strategist for Legg Mason Wood Walker Inc., is urging investors to begin leaning toward small- and mid-cap companies with lower valuations and higher projected earnings growth than the Standard & Poor 500, because the economy is transitioning out of a bear market. Cripps predicts the equities market is moving in a much different direction than the immediate past markets, where both the Dow Jones industrial average...
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