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Mid-Way Point for Third-Quarter Earnings Season

Mid-Way Point for Third-Quarter Earnings Season

We're only in the initial stages of an economic recovery," Hank Smith, CIO of Haverford Investments, said. "We're going to start to see the top-line growth as we go into the fourth quarter and first quarter/second quarter of 2010." He added that companies' cost-cutting efforts "will have positive, lasting impacts on the bottom line.

CNBC | October 28, 2009Watch more videos from CNBC

Tags:. .haverford. .cio. .hank. .way point

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