Quotes by Robert Bloom

“Were sort of in uncharted territories because of the bubble that we had last year in Nasdaq, ... And the bursting of that often takes a long time to work through.”

“Some of the consumer non-durable stocks like Pfizer, Colgate and even General Electric, which is one of the best managed companies in the business, we think look attractive here,”

“What we look for is consistent growers where the earnings havent disappointed, ... We have a few of those in mind, some of the traditional growth stocks. General Electric is a good example.”

“They have seven or eight blockbuster drugs, about a billion dollars each, growing at double-digit rates, no patent problems, no pricing problems, ... We think the company can grow north of 20 percent over the next two- to-three years.”

“Were still in a negative trend. Long-term interest rates are too high, earnings estimates are still too high. Weve had seven out of eight down weeks, so we saw a little bounce in the beginning of this week. But the downward pressure hasnt eased.”

“The market is reacting to the day-to-day news, which reflects the continuing uncertainty that an economic recovery is on the way. We see that with the numbers this morning.”

“On the same idea, we would take Wal-Mart, ... They had their analyst meeting last week, and they made an incredible statement. This is a $200 billion company with 1.4 million employees, its the largest retailer in the world. And they said the opportunities in front of us are bigger than the opportunities that weve already seen. Thats an incredible statement. Whether its true or not, we wont know for another five-to-10 years. But we think just with Super Centers, that they can grow at double-digit rates over the next five-to-10 years.”

“We like Pfizer because its the largest [drug] company and its also the fastest growing, ... They have eight of the largest drugs in the world. And theyre deeply protected by patents. Theres very little in the way pricing requirements here. We think they can grow at double digits for the next two-to-three years. And the stock is in the mid-30s. [We] wouldnt be surprised to see it in the mid-40s a year from now.”

“Juries dont like to say someone is not guilty, if they committed the crime, ... particularly if that crime was violent.”

“The headlines are pretty bad right now. You can think of a lot of reasons for the market to sell off.”