Stock Trends From PAUL H MacGREGOR Analysis
Stock trends show consumer buying intentions improving across durable goods. Newsweek survey notes rises in new cars furniture dishwashers ranges refrigerators and TV sets, while used cars and trashing machines fall. The columnist predicts a spring rebound as winter ends and holiday sales peak.
MENTIONED IN THIS ARTICLE
Paul H
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Nation’s Department Stores
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Market Outlook Shifts As Economic Signals Wobble
The piece surveys consumer spending trends amid Kennedy's recession warnings and notes a hopeful shift with Kennedy's election. It highlights fertilizer industry gains, farm education impact, and Tennessee Corp as a strong investment, citing earnings, expansion plans, and a 35 cent dividend. It also mentions stock market perspectives from Paine Webber and Dow Jones Industrial Average targets around 590 to 625.
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