NEW YORK--Insurers' stock investments in 2007 should see price/earnings ratio growth for the first time in 6 years, according to Robert C. Doll, vice chairman and chief investment officer of global equities at BlackRock Inc.
The prediction was one of 10 offered by Mr. Doll at a press conference on how the markets would perform in 2007.
Among the reasons cited by Mr. Doll are: positive earnings growth, a calming of inflation concerns, and strong cash flow and liquidity.
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