How toTop Stocks for 20011. Great Atlantic Pacific & Tea (GAP) is a $10 billion revenue food chain. The dividend yields 6.2% and it's down, from a high of $29 in the past 12-months. GTAP trades at 8 times next year's earnings.3. Chase Manhattan (CMB) trades at 10 times earnings and was as high as $68 this year. Will come back and satisfy investors for the long term and sooner then most people think. 4. Motorola (MOT) is down from a high of $61. Motorola which expects earnings to grow 30% next year, trades at a P/E of 15 times next 2001's earnings. 5. Intel (INTC) which traded at $75 this year is way off their value and is due for a quick upside next year. Intel is one of the 800lb gorillas that will stay that way for a long time to come. 6.Home Depot (HD). One of our favorite companies that have rewarded investors with terrific growth and will maintain that program. A wonderful management team that is one of the best in retail-and will get even better, if that is possible. 7.Albertsons (ABS), a $37 billion grocer traded as high as $66 last year when earnings stumbled. ABS trades at 8 times next year's expected earnings of $2.60 a share. 8. Sherwin Williams (SHW), a $5 billion paint manufacturer trades at 9 times next year's earnings and last year traded as high as $34. 9. Newell (NWL), traded at $52 last year before merger costs with Rubber Maid decimated earnings. All those costs out of the way and NWL which should earn $2 next year and trades at 9.5 time earnings. 10.Wachovia (WB), one of the better banks that have a dividend yield of 5%. Down from $99 last year, earnings are expected to improve at least 20% in 2001 and it trades at 8.5 times next year's earnings. |
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