Individual Investor's 25 Best Stocks to Own in 1999 (WLA, MTC, SEPR)
PR Wire
December 9, 1998, 6:00 a.m. PT
NEW YORK, Dec. 9 /PRNewswire/ -- Individual Investor Group (Nasdaq: INDI)
has announced the Magic 25(TM) Best Stocks to Own in 1999. Topping the list
is Wal-Mart Stores, Dell Computer, the Ford Motor Company, Abercrombie & Fitch
and Handleman, the Teletubbies distributor. The full report will be available
in the January issue of Individual Investor magazine and online at:
magic25.com.
"We present a basket of the fastest growing stocks selected to outperform
the market. We look for companies showing hyper earnings growth, the firms
beating Wall St. analysts' expectations. We identify stocks by looking at a
variety of factors, such as stocks being bought by their own top officials,
stocks showing exceptional momentum and hitting new highs, and turnaround
stocks selling at depressed values. Because of recent volatility and slower
growth, our new picks reflect a more defensive nature, concentrating on more
domestic companies, more retail, and a balanced group of company size and
category," said Jonathan Steinberg, chairman and editor in chief of Individual
Investor.
Steinberg is a five-time winner and one of the top four performing
investment professionals in The Wall Street Journal's stock-picking contest,
Investment Dartboard, in 1998.
Magic 25 picks for 1999 are:
Abercrombie & Fitch (ANF)
Candie's (CAND)
CMG Information Services (CMGI)
Corning (GLW)
Cyberonics (CYBX)
Dell Computer (DELL)
Electronics for Imaging (EFII)
Enzon (ENZN)
First Union (FTU)
Ford Motor (F)
Gulfstream Aerospace (GAC)
Handleman (HDL)
Ivax (IVX)
LTX Corp. (LTXX)
Merrill Lynch (MER)
Metromedia (MMG)
Monsanto (MTC)
Motorola (MOT)
Movado (MOVA)
NationalVision Associates (NVAL)
Novell (NOVL)
Sepracor (SEPR)
Time Warner (TWX)
Wal-Mart Stores (WMT)
Warner-Lambert (WLA)
This year's Magic 25 is balanced by size: 9 are small-caps, with less
than $1 billion capitalization; 6 are mid-caps, $1-5 billion capitalization;
and 10 are large cap companies with capitalization over $5 billion.
The Magic 25 is also diversified by industry:
-- Retail/Apparel stocks are well-represented (24%) based on projections
of healthy consumer spending during this period of moderate economic
growth. Magic 25 stocks Wal-Mart and National Vision Associates lead
the discount market in same store sales, while Abercrombie & Fitch was
selected as a fast mover with its finger on the pulse of Generation X.
-- Pharmaceuticals, biotechs and medical devices (24%) add high
risk-reward stocks to the portfolio. Warner-Lambert brings a strong
product line to the mix including cholesterol-lowering Lipitor.
Cyberonics promises growth potential with the introduction of "NCP
System," a new treatment for epilepsy.
-- Technology, the dominant category in the '98 portfolio, still
represents 20% of the new Magic 25. Growth continues with more
penetration of PC's into American households and excitement about the
World Wide Web.
-- Other categories, each representing 8% of the Magic 25, are
Media/Entertainment, Financial Services, Telecom Equipment and
Transportation.
Based on average performance for the past seven years, the Magic 25
outperformed the Dow Industrials, S&P 500, the Nasdaq Composite, and Russell
2000 -- outperforming the Dow a total of 91 percent from 1992 through '98.
Monthly performance updates of the Magic 25 will appear in Individual
Ivestor magazine. Visitors to Individual Investor Online
(http://www.iionline.com) will find more frequent updates, as well as message
boards about the Magic 25 companies, and the ability to conduct their own,
more detailed research on the companies.
Individual Investor Group, Inc. is an information service company that
publishes and markets Individual Investor magazine (circulation 500,000),
Individual Investor Online, Individual Investor's Special Situations Report,
Insider Trader.com, and Ticker magazine.
SOURCE Individual Investor Group
-0- 12/09/98
/CONTACT: Lori Rosen or Nick Crispe of the Rosen Group, 212-677-3070, for
the Individual Investor Group/
/Web site: magic25.com
/Web site: iionline.com
(INDI) |
