Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: ahhaha who wrote (822)	12/21/1998 10:35:00 AM
From: long-gone	of 3558

Cheap chips Looking for some blue chips to put on your plate? Investools.com's "Daily Advisory" quotes conservative investor Geraldine Weiss' special report on the top values among blue-chip firms. Weiss saysgold is at a 30-year low, and it makes sense to add at least one gold stock to your holdings. She picks Barrick Gold (ABX). Also in her top 10 is Arnold Industries (AIND), a trucking and warehousing firm that's suffered from strikes and driver shortages. But Weiss likes its future earnings prospects. The price-fixing scandal that hit Archer Daniels Midland (ADM) is yesterday's news, says Weiss, so the damage done to its stock price makes it a top blue-chip value. And she predicts The Limited (LTD), which is closing underperforming stores, "is ready to dazzle Wall Street." Weiss also picks two utilities as best blue-chip values: Central South West (CSR) and Hawaiian Electric (HE). And she likes what she sees in Wallace Computer (WCS). The company makes business forms, labels and office products, and Weiss is attracted to its low proce-to-earnings ratio of 13 and its very low debt. More on this recommendation.

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