CHICAGO (Reuters) - Beating expectations was the name of the game this week for U.S. manufacturers, leading some analysts and fund managers to forecast 2006 could be a surprisingly strong year for the sector.
"The results so far have been outstanding," said Kent Mortensen, an equity research analyst at Thrivent Asset Management, which manages more than $60 billion. "I don't think we have seen such a strong industrial cycle since the 1980s."
Saturday, April 22, 2006
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