On Dec. 8, 2010, the Standard & Poor’s 500 Index had rallied 20 percent from its low in July when Savita Subramanian recommended investors bet on companies flush with cash for dividends and buybacks.
Technology companies are the most obvious candidates in the Standard & Poor’s 500 Index to spend more of their cash on payouts and investments, according to Gina Martin Adams, a Wells Fargo & Co. strategist.
"There is a trifecta of major macro drags likely to continue to wreak havoc on S&P 500 company earnings."
- Martin Adams on Dec 03, 2012
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