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  1. Don’t Ignore Higher Taxes Until Tax Day

    PSS World Medical PSSI held its annual investor meeting this week. The firm's management offered valuable insight into the company's strategy and provided a detailed forecast for 2008. The update did not change our take on PSS' competitive position, and the earnings forecast was largely in line ...

  2. Our Outlook for Consumer Cyclical Stocks

    Slower consumer growth in 2012 is not fully reflected in valuations, and we remain selective and focused on structural winners.

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