|
Stock picks by the pros
|
 |
November 21, 2000: 1:35 p.m. ET
Bristol-Myers, Humana, Expedia, Gateway, IBM, HP get selected
|
NEW YORK (CNNfn) - Market strategists reviewed stocks in the drug, Internet travel, computer, and financial sectors, recommending companies such as Humana and Travelocity.com.
As the markets were mixed at midday Tuesday, recent guests on CNNfn commented on the stocks they are buying and why.
| |
 PETER GREEN'S STOCK PICKS:
|
|
| |
|
BMY
HUM
|
|
|
Bristol-Myers (BMY: Research, Estimates) still looks attractive. Humana (HUM: Research, Estimates), in the services area, long term looks quite bullish. I think that stock can get as high as about $25 a share. Looks quite bullish long term," said Peter Green, technical market analyst at Gerard Klauer Mattison and Co.
Bristol-Myers is trading up 63 cents to $65.75 with a 52-week high of $78.75 and a 52-week low of $42.43.
Humana is trading up 19 cents to $12.12 with a 52-week high of $14.87 and a 52-week low of $4.75.
| |
MARK ROWEN'S STOCK PICKS:
|
|
| |
|
TVLY
EXPE
|
|
|
In the traditional online travel agency business two have really emerged as leaders: Travelocity.com (TVLY: Research, Estimates) and Expedia (EXPE: Research, Estimates). Travelocity and Expedia are leading names in the full-service travel agency business. We have strong buys on both of them. Particularly, Travelocity which is the largest online travel agency. Investors may have to wait three or four months. But we think that once we get past first quarter which is traditionally the travel agency strongest quarter of year, then people will start looking at '02 for valuation purpose. We've got 90 cents in our model for '02, as the company becomes profitable in fourth quarter of '01. So, that means it's trading at less than 20 times earnings and growing quickly. We think that is a pretty compelling value," said Mark Rowen, Internet travel analyst at Prudential Securities.
Travelocity is trading up 12 cents to $15.62 with a 52-week high of $51.87 and a 52-week low of $9.93.
Expedia is trading down 19 cents to $14.31 with a 52-week high of $65.87 and a 52-week low of $7.75.
| |
TRACY EICHLER'S STOCK PICKS:
|
|
| |
|
HWP
IBM
GTW
MER
C
FITB
|
|
|
What we looked at is some companies where we found that their growth rates are trading above the market's growth rate, yet their multiples are trading below and there are some technology stocks like Hewlett-Packard (HWP: Research, Estimates), IBM (IBM: Research, Estimates), Gateway (GTW: Research, Estimates) where we see that. There are some financial names like Merrill Lynch (MER: Research, Estimates) and Citigroup (C: Research, Estimates) and Fifth Third Bancorp (FITB: Research, Estimates), which I believe made an acquisition this morning. These are names that we find are undervalued in this market environment, based on their growth rates going forward," said Tracy Eichler, investment strategist at PaineWebber.
Hewlett-Packard is trading up 6 cents to $34.63 with a 52-week high of $77.75 and a 52-week low of $32.62.
IBM is trading down $2.75 to $100.50 with a 52-week high of $134.93 and a 52-week low of $86.93.
Gateway is trading down 60 cents to $35.60 with a 52-week high of $84 and a 52-week low of $35.25.
Merrill Lynch is trading down $4.19 to $57.81 with a 52-week high of $74.62 and a 52-week low of $36.31.
Citigroup is trading down $1.69 to $47.69 with a 52-week high of $59.12 and a 52-week low of $35.34.
Fifth Third Bancorp is trading down 6 cents to $46.31 with a 52-week high of $57.87 and a 52-week low of $29.33. 
-- compiled by Staff Writer Lucy Banduci
* Disclaimer
|
|
|
|
|
|
Track your stocks
|
Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney
|
|
|
|
 |
|
