AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Youngstown, Ohio, Brokers Pick Stocks for 2003.
By Don Shilling, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News
Jan. 13--YOUNGSTOWN, Ohio--Area stockbrokers expect a payoff for investors who stuck with stocks through three years of losses.
All five brokers participating in The Vindicator's annual stock-picking contest expect the stock market to rebound this year.
Some expect a large bounce. Two brokers expect the Dow Jones industrial average to jump more than 20 percent this year, while others predicted slightly smaller increases.
An improving economy will boost profits for companies, and a presidential election in 2004 will encourage the government to foster economic growth, said Jim Thomas, owner of Thomas Brokerage and Financial Planning in Niles.
"The market is due for a turnaround. People are looking for an excuse to get back in the market," he said.
Thomas is the most optimistic of the brokers who gave an estimate for the Dow, which is made up of 30 large-company stocks. He predicted a Dow close of 10,800, a 29 percent increase over its 2002 close of 8,341.
- Wachovia Securities Hires Travis Barnes in Investment Grade Debt Capital...
- Press release article from: PR Newswire July 13, 2004 700+ words
...Institutions sector Wachovia Securities announced today...Prior to joining Wachovia Securities, Barnes spent...tables with a 28 percent increase in number of deals...Technology sectors. Wachovia Securities Credit Products...
- Wachovia Securities Hires Jim Stenson in High Grade Debt Capital Markets Group;...
- Press release article from: PR Newswire February 12, 2004 700+ words
Wachovia Securities announced today...tables with a 27 percent increase in volume of lead...Technology sectors. Wachovia Securities Credit Products...market products. Wachovia Securities Fixed Income Division...
- Wachovia Securities analyst says national economy better than it looks.
- Newspaper article from: Knight Ridder/Tribune Business News September 3, 2004 700+ words
...think, according to Mark Vitner, senior economist with Wachovia Securities. "Conventional thinking about the economy is too pessimistic...development here than there has been. He's hoping a 44 percent increase in profits among South Carolina businesses will create...
- Wachovia Securities Launches FundSource 401(k) Plan.
- Press release article from: PR Newswire February 20, 2008 700+ words
...today that it will begin selling a new, proprietary Wachovia Securities FundSource 401(k) through its more than 15,000 Wachovia Securities Financial Advisors. The Wachovia Securities FundSource 401(k) product will help plan sponsors...
- Wachovia Securities Names Quinten Stevens Head of Equity Division.
- Press release article from: PR Newswire May 2, 2005 700+ words
...2 /PRNewswire-FirstCall/ -- Wachovia Securities announced today that veteran Wall...Capital Markets. Stevens joins Wachovia Securities from JPMorgan Chase & Co...will be based in New York, where Wachovia Securities will consolidate its equity sales...
- Wachovia Securities Adds Mutual Funds With Alternative Investment Component to...
- Press release article from: PR Newswire September 19, 2006 700+ words
...19 /PRNewswire-FirstCall/ -- Wachovia Securities, LLC, has expanded its multiple...discretionary managed account framework at Wachovia Securities. The new approach incorporates...sleeve" (AIS), into certain Wachovia Securities DMA Optimal Blends, an investment...
- Kent Christian Joins Wachovia Securities to Head the Firm's Independent...
- Press release article from: PR Newswire December 21, 2005 700+ words
...Danny Ludeman, president and CEO of Wachovia Securities, LLC, announced today that Kent Christian...responsibility for the division of Wachovia Securities that includes Wachovia Securities Financial Network -- a broker/dealer...
- Wachovia Securities Forms New Equity Division; Equity Capital Markets, Equity...
- Press release article from: PR Newswire February 7, 2005 700+ words
Wachovia Securities announced plans today to combine...of Global Capital Markets. Wachovia Securities created the new Equity Division...later in the first quarter. Wachovia Securities last year was an underwriter...