However, money managers rotated into big-name consumer-oriented companies with consistent earnings.
Analysts rave about the company's consistent earnings, which have risen for 23 consecutive quarters.
"Investors who look solely for consistent earnings at the expense of higher returns over time are missing the point," he said.
"G.E. will perform quite well over the next five years, as its consistent earnings and dividend growth recapture the market's attention."
"We look for quality companies with consistent long-term earnings, good brand names or a well-managed enduring franchise," he said.
While the company is one of the drug's industry's most consistent earnings performers, its marks are far from stellar.
Small consistent earnings that involve strict money management rules can compound returns over time.
Seagate's pricing policies built market share and revenues, but often at the expense of consistent earnings.
I've included both stocks in our funds because they deliver consistent earnings.
They have too much proprietary trading to be sustainable and have consistent earnings.