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Long-Term Bull Run Ahead for the Markets?
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Hays Advisory Chairman Don Hays on why investors will see a bull market over the next year.
- Duration 3:22
- Date Jul 5, 2011
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Hays Advisory Chairman Don Hays on why investors will see a bull market over the next year.
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Lost a bit of ground today about twelve points the NASDAQ was able to see -- -- but we didn't.
Running on quite a course if you haven't attempted yet my next guest says don't worry.
There is a lot more good news to -- that will move these markets higher in fact he says that the market is in for a long term bull run.
Total opposite of its -- guys at the top of the show dot -- chairman and chief executive.
Investment strategist at Hays advisory he has one point two billion dollars in assets under management he joins me now -- claimants.
Moneymaker.
I was about to go long prozac with these two guys at the start of the show because they were so unbelievably negative they they laid out their case certainly but Don why -- you.
Looking at what could be a long term bull run.
Well that was a very interesting interview I guess -- to tell the truth.
What this toy they were -- with the same store you could tell two years ago 31 months ago when the market was at 666.
We've got a 50% gain in stocks since then and they're still singing the same song we just don't think that's what -- We think what you're doing is looking ahead.
We learn from mistakes and yes we made a lot of mistakes but we've already find -- and many things.
You don't know what the market's looking ahead to but you know you've got a massive supply of liquidity feeding it.
That's coming from the yield curve at the same time that valuation of stocks are extremely cheap.
They are cheaper than they've been any time except the last two years well so that's going to be the driver of the market.
The -- your mind works we thought let's.
Delve right into it and get some of the names that you like right now let's start with your first one we want to -- through -- so we can give people that the greatest amount of names in greatest number of names here.
Precision Castparts is your first pick -- ticker symbol PCP.
What is it about this company where you say I've -- this thing.
-- -- had last week there's massive -- new demand for airplanes.
No -- -- -- pines for the last ten years and that's starting to pick up that's one of the main things so.
Precision Castparts.
And you're seeing their -- you start moving up very dramatically.
OK George global JO YG.
Is there something within this company where you said you know what.
I'm looking at this and and I feel that there's real room to -- Well this is a big company but it's a play on the international economies and you're saying -- national economies in the driving force.
And will be the driving force for the next few years.
Joy Global was right there in the in the brunt of that and their major beneficiaries of of industrial type of upgrades in the economy.
-- campus the ticker symbol of this next company -- really easy ABC and it's AmerisourceBergen.
Why do you like it.
Well that again lives a sort of a play on the demographics.
And Belgium had been in the group prolonged time.
But you're saying the baby boomers are.
Very gradually.
Increasing the health care the pharmaceuticals.
This is -- wholesale supplier pharmaceuticals and products to many companies like nursing homes and other companies like that the economy.
And so you're gonna see a natural progression on the upsurge and it's -- very profitable very successful company in the past.
We'll put all of your names on our Bulls and Bears website but Don you're an engineer at -- years ago and said I'm gonna use my -- know it all to start picking stocks -- done very well.
We're glad that you shared some of those names with us today thank you.
Thank you -- good.