
Ep. 6: Why Amazon Leads 3 Top Stocks That Could Surge On Earnings With Chris Gessel
Investing With IBD
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The Rise of Corporate Buybacks
The corporate sector has taken money that they're able to access very cheaply and generally used it for special dividends and stock buybacks rather than reinvesting into businesses. As long as the economic outlook is relatively solid, we're looking for growth of around 2% this year and again next year. Credit spreads have actually been pretty benign between very highly levered companies and companies that don't carry a ton of debt.
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