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Personal Finance > Investing
Stock picks by the pros
January 15, 2001: 12:27 p.m. ET

Philip Morris, Patterson Energy, Ariba, Devon Energy find their way to the top
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NEW YORK (CNNfn) - Market strategists reviewed stocks in sectors such as energy and technology on Monday, recommending companies such as UTI Energy.

Recent guests on CNNfn commented on the stocks they are buying and why.

 



  graphic SAM STOVALL'S STOCK PICKS:  
   
  • PTEN
  • DVN
  • UTI
  •    
    Sam Stovall, senior investment strategist with Standard & Poor's, said he still likes companies in the energy area like Patterson Energy (PTEN: Research, Estimates), Devon Energy (DVN: Research, Estimates), and UTI Energy (UTI: Research, Estimates). "These are companies that are going to do very well because they will benefit from the continued strong prices in the underlying commodity," he said.

     



      graphic JON EKONIAK'S STOCK PICK:  
       
  • ARBA
  •    
    Jon Ekoniak, senior technology analyst at U.S. Piper Jaffray, has a buy rating on Ariba (ARBA: Research, Estimates). He said Ariba is a strong company with a great market share. "We're confident that although we may see some bumps in the near-term and some risk in product transition as they bring new products on board, we're confident that longer term, management can maintain a solid rate of growth," Ekoniak said.

     



      graphic BARRY HYMAN'S STOCK PICKS:  
       
  • KMI
  • MO
  •    
    Barry Hyman, chief investment strategist at Weatherly Securities, said he likes energy company Kinder Morgan (KMI: Research, Estimates) and Philip Morris (MO: Research, Estimates). One reason he cited for liking Kinder is that it is acquiring and it has also performed well. Hyman said Philip Morris looked positive because it will be spinning off Kraft soon. "I think you can look forward again another one to a 20-to-25 percent return on that particular stock," he said.  graphic


    -- by Staff Writer Lucy Banduci
    * Disclaimer

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