All...Lehman Brothers picks ten stocks for the next 12 months....They believe these stocks will outperform the S&P 500 over the next 12 months. Last year's portfolio gained 36.5 percent from July 1 through June 30, compared with a 32 percent gain by the S&P 500, Lehman said.
The first list appeared in 1949 and over that time, 35 of the portfolios have outperformed the market and 13 have underperformed, Lehman said.
This article was dated July 1, 1997 and listed the folowing ten stocks:
ADPT, Adaptec; OAL, American Online; BA, Boeing PSFT, PeopleSoft; LCI, LCI International; QTRN, Quintiles Transnational Corp; SWY, Safeway; SON, Sonoco Products; TNB, Thomas Betts Corp; WAMU Washington Mutual; LUV, Southwest Airlines.
As of June 30, 1997 Quintiles was also the number 1 holding of the PBHG Select Equity Fund and Peoplesoft was the number 7 holding.
Good luck. - Jim |
