Financials Quotes
[Mutual fund investors will share in the pain.] The funds that will probably be hit the hardest are the growth and income funds... They tend to overweight as much in financials as growth funds overweight in technology.
- Jim Lowell

[Financials and consumer non-cyclical stocks also interest Johnson.] You look at a company like, say, Washington Mutual, in my judgment a great company, and it's a value play. Remember, investors in this market are looking for low price/earnings ratios and some dividend yield, ... Same thing consumer non-cyclical companies like Pepsi and Safeway I think are good investments in this environment.
- Hugh Johnson

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