Schering-Plough on Salomon's Exceptional Stocks List
Bloomberg News
July 6, 1998, 11:45 a.m. ET
New York, July 6 (Bloomberg) -- Allstate Corp. and Chase
Manhattan Corp. are among 15 stocks Salomon Smith Barney Inc. is
betting on to be attractive investments in the coming year.
The latest edition of Salomon's ''Ten Exceptional Names,''
an annually revised portfolio of stocks, is based on the
recommendations of the firm's industry analysts. The list gained
31 percent from June 30, 1997, to June 30, beating the 28 percent
gain for the Standard & Poor's 500 Index over the same period.
Also making the list were Alcatel-Alsthom, Applied Materials
Inc., Amgen Inc., Black & Decker Corp., Honeywell Inc.,
International Business Machines Corp., Motorola Inc., Navistar
International Corp., Schlumberger Ltd., Schering-Plough Corp.,
Williams Cos., Wal-Mart Stores Inc. and Xerox Corp.
Salomon considers quantitative, economic and technical
research in compiling the list. The firm's 250 analysts cover
about 75 industries.
--Stephen Cohen in the New York newsroom (212) 318-2300/wm |
