Ken Tower Quotes

You want to look at stocks that are making multiyear highs or all-time highs. Those companies have a lot of support out there in the investment community. People think these companies are doing well, but if you want to buy a stock that's up from $1 to $3, maybe they survive and maybe they don't, that's just a riskier approach.

- Ken Tower

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Stocks | Making | Multiyear | Highs | Time |

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And Wrigley has been very strong for some time, continues to move higher... Just had another breakout to a new high. There are lots of stocks in this market that are doing quite well. They just aren't technology stocks. - Ken Tower

Liz Claiborne is one; Tommy Hilfiger is another; Jones New York. There are a lot of them that look good now... People aren't going to spend their money on some things, but they're spending it on others. - Ken Tower

If there were really fundamental problems out there, the market would drop much more quickly. Instead, it can't get out of its own way. It's pushing a big boulder up the hill, and then it slides back down at the end of the day. It's just unable to really get any momentum going. - Ken Tower