Word: parlanti
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Dates: during 2000-2009
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...Electric, is now off its peak by 16%, at a recent $54. Yet the cash hoard just keeps growing, rising $7 billion in the first quarter alone. "A lot of investors might think that share buybacks and dividends and paying down debt are the way to go," says Robb Parlanti, a senior portfolio manager at Turner Investment Partners (which owns other energy stocks but not Exxon). "But the bigger question is, What are they going to do to grow the company long term?" That's a question that even the most disciplined companies eventually have to answer...
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