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Personal Finance > Investing
Stock picks of the week
October 2, 1999: 2:17 p.m. ET

Foundry, Amgen, AOL, CitiGroup, Yahoo, Wells Fargo all get nod
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NEW YORK (CNNfn) - Top money managers and analysts appeared on CNNfn this week to discuss what stocks they are buying and why. Here's a brief rundown of those recommendations, culled from CNNfn.com's daily feature, "Stock Picks by the Pros."
On Friday, Robert Hoehn, managing director and healthcare services analysts at ING Barings, made a case for some HMOs. His picks were CIGNA, United Healthcare and Foundation Health.
     Salomon Smith Barney Technology Strategist Andrew Barrett found that stocks in online retailers are the perfect gift to give for the 4th quarter.
     Read more picks, or find out why Shawn Johnson, director of research for State Street Global Advisors, says "the energy story is not over yet", by browsing through our Stock Picks by the Pros Friday edition.
Thursday, Liz Miller, portfolio manager at Trevor Stewart Burton & Jacobsen, said coming through the last quarter with reasonable profits was a close shave for Gillette (G), but she likes the stock. Patricia Chadwick, director of U.S. equities at Invesco, told us why she likes Amazon.com (AMZN).
     For these and other stocks picks, read our Thursday edition.
On Wednesday, hedge fund manager Greg Kuhn of Kuhn Asset Management was short the market, saying there are "two major problems with the market -- extremely low liquidity and extreme overvaluation." On the other hand, Kuhn said, two stocks are worth keeping a stake in.
     To find out which stocks Kuhn says are keepers, or to read more about hot picks in biotechs, click here.
On Tuesday, Peter Canello, U.S. investment strategist at Morgan Stanley Dean Witter, found value in bank stocks, saying they are "are incredibly cheap. They've lost about half of the relative performance they've made in the last nine years. They're less than half of the market P/E. If you want bargains, look for good core banks that are going to gobble up smaller banks, stocks like Wells Fargo (WFC) or Bank of America (BAC), even the beaten-down Bank One Corp. (ONE)."
     For more financial services picks, read our Tuesday edition.
"The last thing the market needs," said Andrea Williams, technology analyst at E-offering, "is another 250 public Internet companies. I think this is the biggest threat to Internet valuations."
     Williams does, however, like established Internet-related firms AOL (AOL) and Yahoo! Inc. (YHOO).
     Another Monday guest, Mark Basham, IPO analyst at Standard & Poor's, saw potential in several IPOs. One is Foundry Networks (FDRY), which closed yesterday at 126.
     To see other picks in our Monday edition, click here. Back to top
The views presented here are solely those of the analysts quoted. They do not represent the opinions of CNNfn on whether to buy or sell shares of a particular stock.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.