We own L-3 because it's a good solid stock as opposed to being part of an industry theme play, ... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for. -Kent Mergler

 

We own L-3 because it's a good solid stock as opposed to being part of an industry theme play, ... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for.


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This quote is just one of 9 total Kent Mergler quotes in our collection. Kent Mergler is known for saying 'We own L-3 because it's a good solid stock as opposed to being part of an industry theme play, ... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for.' as well as some of the following quotes.

We own L-3 because it's a good solid stock as opposed to being part of an industry theme play, ... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for.

Kent Mergler
285

We are not heavily invested in tech and are not likely to be so until we see fundamental progress. We've always selected companies with strong earnings growth and most technology companies don't have that at this point.

Kent Mergler
212
I can't figure out why people want to own unprofitable companies with no prospect of making money in the near future. That's just trading paper. -Kent Mergler
196

When you are selling a $20,000 item, it's not unusual to have financing arm.

Kent Mergler
164

The stock is expensive but you'd expect it to be expensive. We consider it a core holding.

Kent Mergler
153
At this point, we're watching tech carefully but we are not ready to pull the trigger yet and buy more with this volatility, ... What seems to be consistent is that whoever just went up is likely to get clocked soon afterward. -Kent Mergler
152

Once you get a more stable environment with a consistently growing economy, that would favor a better return for larger quality names.

Kent Mergler
131