"having an amazing Q"
must be duping my transactions.
here's another list for your consideration.
regards
Updated: 14-Jul-99
Salomon Smith Barney 10+ List
Every year the investment research team at Salomon Smith Barney produces their top picks for the coming year. Here is this year's list.
The Salmon Smith Barney analyst research team puts together a list of their top stock picks every July. This year there are fifteen stocks on the list.
The list was distributed to clients of Salomon Smith Barney last week, on July 7, one week ago. Full analysis of the stocks can be requested by clients of Salomon Smith Barney. The brief highlights below are not what was distributed to Salomon Smith Barney. Projected growth rate percentages shown are calculations made by Briefing.com, based upon the earnings estimates in the Salomon Smith Barney reports.
Albertson's (ABS)
The Story: Grocery food chain. Expansion and acquisition leads to projected higher revenues.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
ABS $51 1/4 $53 7/8 $63 13%
Click on the chart to see the full size version:.
Allstate (ALL)
The Story: Insurance. Low valuation, expansion into personal lines business and drive to add independent agents.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
ALL $36 5/16 $36 7/8 $52.00 7%
Click on the chart to see the full size version:
Amgen (AMGN)
The Story: Biotechnology drug development. Big sales of existing drugs Epogen and Neupogen, with promising new drugs hitting the market in 2001.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
AMGN $62 13/16 $72 5/16 $100 15%
Click on the chart to see the full size version:
Bank of New York (BK)
The Story: Money center bank. Securities processing business a real growth engine.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
BK $39 1/8 $37 7/8 $50 12%
Click on the chart to see the full size version:
Dayton Hudson (DH)
The Story: Department store conglomerate. Target store line expansions and margin improvements lead to higher earnings.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
DH $70 7/16 $70 13/16 $88 14%
Click on the chart to see the full size version:
Electronic Data Systems (EDS)
The Story: Computer services company. Transformation to a complete outsourcing company leads to higher growth.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
EDS $57 $60 15/16 $66 16 %
Click on the chart to see the full size version:
Fort James (FJ)
The Story: Paper and forest products. Divestiture of commodity businesses will allow FJ to get consumer company multiples, which are higher.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
$39 5/8 $39 5/8 $40 $58 12%
Click on the chart to see the full size version:
Honeywell (HON)
The Story: Electrical equipments. Merger with Allied Signal very synergistic.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
HON $118 $120 9/16 $158 12%
Click on the chart to see the full size version:
Lucent Technologies (LU)
The Story: Telcom equipment maker. Lucent product growth expected to be higher than the overall telecommunications market growth.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
LU $71 13/16 $72 11/16 $68 25%
Click on the chart to see the full size version:
Marsh & McLennan Companies (MMC)
The Story: Insurance brokers. Valuations have bottomed for insurance broker business.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
MMC $80 3/8 $77 9/16 $95 14%
Click on the chart to see the full size version:
MCI WorldCom (WCOM)
The Story: Telecommunications services provider. Move toward fiber based broadband network services provides good product mix.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
WCOM $85 3/16 $90 5/16 $130 65%
Click on the chart
to see the full size version:
Mobil (MOB)
The Story: Oil. Merger with Exxon very powerful combination.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
MOB $103 5/8 $101 15/16 $125 18%
Click on the chart to see the full size version:
Pitney Bowes (PBI)
The Story: Office technology. Base business of mailing growing, investment in IT driving costs down at same time.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
PBI $68 5/16 $68 7/16 $75 12 %
Click on the chart to see the full size version:
Raytheon (RTNB)
The Story: Aerospace & defense equipment. Increased defense spending will be good for Raytheon.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
RTN.B $73 1/4 $74 1/2 $90 12%
Click on the chart to see the full size version::
Tyco International (TYC)
The Story: Medical supplies, security systems, flow control products. Dominant provider in four different markets.
Stock Symbol 7/7 Price 7/13 Price SSB Target Price 2 YR Projected Earnings
Growth Rate, Annualized
TYC $99 7/8 $99 1/4 $120 35%
Click on the chart to see the full size version:
Comments can be emailed to Robert V. Green, at rvgreen@briefing.com.
Copyright © 1999 Briefing.com, Inc. All rights reserved.
|
