OK last one, unless I get requests, here's Ralphie's 8/21/00, oh my:
Title:
Ralph Acampora, Prudential Securities
Author:
R. Walker
Report
Source:
Ralph Acampora
(Added 8/21/2000 7:29:02 PM)
Categories:
Market Views, Stock Picks
Email link to this Article
Create a 100% gold backed e-gold account, CLICK HERE
Article:
Ralph Acampora is with Prudential Securities.
The advance-decline line shows him that the market is broadening
out. Value is out there and investors are starting to pick up
bargains.
This trend of the broader market showing signs of improvement has
multi-year staying power. Acampora thinks the market is
under-valued.
The end of the Fed tightening cycle is built into the market but even
if it isn't, it doesn't bother him. The current situation reminds him of
the bottom of 1994-95.
Acampora stresses buying value names. He likes a variety of
names in a variety of sectors.
Railroads: CSX
Hotels: HLT
Biotechs: be selective and go with the big ones like AMGN and
MEDI
Tech: again, be very, very selective and he likes the big ones like
INTC and SUNW
Computer Stocks: Acampora likes CPQ, which is inching up
Financials and Insurance: C, GE (which is the largest financial
company), JPM, BAC, MMC, AIG
Between now and June of next year, he expects to see new highs
in most averages, with the Dow hitting 12,500 to 13,500. Breadth
on the NASDAQ is horrible.
techcog.net |
