The attractions of brewing industry stocks are their relatively stable cash flows and predictable earnings.
These companies have relatively predictable earnings, which makes it easy for bankers and acquirers to place a value on them.
Citigroup was popular, in part, because of its predictable earnings, which are almost always a penny or two better than forecasts.
College publishing is a steady item, churning out predictable earnings and requiring little in the way of attention or capital investment.
Asset management is an attractive business because it offers stable, predictable earnings.
Instead, they should focus on companies with more predictable earnings from domestic sources and little exposure to emerging markets.
"Companies with predictable earnings and cash-flow growth are attractive, and utilities offer that."
He has expanded in areas with more predictable earnings, like consumer banking.
We don't have predictable earnings, but it doesn't matter.
At the center of those principles is the idea that big companies with predictable earnings are likely to continue to grow and thrive.