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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Mark Adams who wrote (49861)11/21/2003 8:56:01 PM
From: Larry S.  Read Replies (2) of 53068
 
MRK is becoming a value play with a high dividend. certainly out of favor. i have never been a favor of PFE, feel it has been a laggard since the Viagara pop years ago. Most health mutual funds are laggards as well. this is not the time to be defensive (which drug stocks have been). If I were to buy one drug stock, it would be JNJ.
Re UTES, i own CHG for its 5% yield and take-over potential. Gabelli has been harping this for years, it is a small ute near Poughkeepsie NY (Hudson Valley) - it is sandwiched between Con Ed and the NYSEG/EAS bohemoth. Also NGG (national grid) has big presence in the area. one of these companies should buy CHG.
I own CNP, DUK, TE and CHG in the UTE area, RRI, DVN in the IPP, and WMB in the gas ute sector. I think CNP is the best of the first 3 and RRI and WMB very exciting and potential filled companies. larry
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