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Ep. 198: Jeffrey Hirsch: What Does History Say About The Current Stock Market Cycle?
Investing With IBD
Steel Dynamics
A lot of companies have been lowering estimates. How much of the concern is there for you? We're looking for performance with trailing earnings. If their estimates are coming down because of the economy doing well and they hit their numbers, we're looking at disappointments. The price of sales ratio when we picked it was 0.7, 0.7.
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