<Warren Buffett aficionado Dick Young swears by his "Top 10
Countdown" list of companies that lead sectors which are teed
up for what he calls "big, fast, explosive growth." One of
his top 10 stocks is Qualcomm (QCOM) as he predicts the
firm's CDMA technology will win out over competitors as it
"superior for the Internet," Young says. He recommends
Qualcomm for "hyper-aggressive portfolios willing to whip-snapping volatility."
Another Young pick, Flextronics (FLEX), has doubled since he
added it to his top 10 list. Flextronics makes cell phones
for Ericsson, Palm Pilots for 3Com, circuit boards for
Compaq, and routers for Cisco Systems. Plus, the company just
inked a five-year deal to make 15% of Motorola's communication products.
Lucent (LU) is another of Young's selections. Shares "have
been beaten like a drum of late," Young says, blaming the CEO
for "missing major trends." But Young notes the Lucent
introduced an impressive 128 products from the Bell Labs
think tank last year alone. "Despite CEO McGinn's screw-ups,
the underpinnings are strong here," Young says.>> |
