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Rosenthal Wealth Management Group President Larry Rosenthal and S&P Equity Research Chief Investment Strategist Sam Stovall on Yahoo’s fourth-qu...
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Bring salmon Larry back in for an overall view of how Yahoo! and its positive development stay fit into the gotten their act -- -- in mid sentence so I'll go to you first.
Good news on Yahoo! specifically how.
How does Yahoo!'s earnings Yahoo!'s -- on the earnings sort of set -- stage for what's happening technology sector at large is is this is this just part of what you expect because we also have.
Apple pulling the NASDAQ down.
Well absolutely you know if you take.
A look at technology it's it's always been one of the top three.
Sectors that have always pulled us out of any -- of recessions or slowdowns in the end these companies at apple and Google and Yahoo! are continuing to change the way you and I receive information.
And shop online both business and personally and week we feel like technology is going to be here you know for a long time to come down the road so we like the tech sector very much.
Yes Sam as well as -- a patient standing by an innocent Marisa Mayer took over the company that -- -- about 30%.
-- are looking for some headlines in this report about plans.
This yet specific plans for this company semi -- is saying that what role -- leadership and all of us to well I think.
Leadership is very important because that gives you an idea -- what direction the company is headed.
What's gonna be their primary focus is that cost cutting.
Is -- margin expansion is it new products.
So I think it was also positive to hear that the revenues came in better than expected because if you were called the last couple of quarters for the market as a whole we've seen better earnings numbers.
But the revenue numbers have been flat so now seeing good earnings and revenues I think feed people feel better Sam what are all these revenues gonna pay off in terms of growth in the overall economy of bringing down that unemployment rate.
Well David I think we're starting to see that now I describe this economy is being a low flying recovery.
But it happens to be gaining altitude at this point and therefore making it less vulnerable to dangerous downdraft.
Guys thank you very much player Rosenthal -- -- -- thank you very much.
