Keith Springer Quoted in CNNMoney Few Black Friday bargains in retail stocks

Nov. 18, 2010 - PRLog -- Keith Springer President of Springer Financial Advisors in Sacramento California Quoted in CNNMoney

Few Black Friday bargains in retail stocks

SACRAMENTO, Calif. Nov. 16, 2010 – Keith Springer discusses the effect of Black Friday on retail stocks.

According to Paul R. La Monica, writer for The Buzz of CNNMoney, “Retailers always run the risk of taking a hit to their already thin profit margins with "doorbuster" sales gimmicks. With that in mind, retail stocks may be too pricey now and investors should be wary of buying into the hype about the holidays.

Keith Springer, president of Springer Financial Advisors in Sacramento, Calif., said that he does think consumers will spend a fair amount on clothing, phones and other electronic gadgets during the fourth quarter. But he said that's already priced into many retail stocks.

Springer said the easy money in retail stocks probably has already been made. The challenge going into 2011 will be whether or not consumers will still be willing to shop until they drop after the holidays -- especially if economic growth remains stagnant.

To view more print and live media interviews with Keith, visit www.KeithSpringer.com and click the “Keith in the Media” link, email Keith@KeithSpringer.com or call (916) 925-8900.

About Springer Financial Advisors: Keith Springer, President of Springer Financial Advisors, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.

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Keith Springer presedent of Springer Financial Advisors, a SEC Registered Investment Advisory Firm.He has successfully built tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.