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Managing Director
Jeffries & Company | New York NY
“’Investors expect earnings growth; now we just need to see it,’ notes Jefferies’ equity strategy team, led by Patrick Neal. These increasingly rich multiples imply that profits will grow 28% in 2010, with the implied growth rate especially lofty for consumer cyclicals (167%), materials (99%) and financials (80%).” Excerpted from Barron’s “The Trader” column, May 4, 2009.
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