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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (43531)7/24/2011 2:25:23 AM
From: armi  Respond to of 78666
 
I'm don't have good insights into financials to give a sufficient answer. However, everyone knows financials companies earn money by using the money they have. Is it possible for it to grow at 12%? IMO, its optimistic however there's a slight hint of possibility.

The economy is still recovering slowly, financials are the core of the economy. Businesses and consumers are going to need it to propel the economy forward. Will the usage grow at 12%? I don't think so, but I would feel safer with an estimate like yours in the 6-8% range.