The bargain growth collection below is premised on strategies used by Peter Lynch, the renowned ex-manager of Fidelity Magellan.

Lynch did not participate in our search process, but we based our screen on one of Lynch's favorite measures, the price/earnings-to-growth, or PEG, ratio: a company's P/E ratio divided by the rate at which its per-share earnings are projected to grow over the next three to five years.

We used it to hunt for what Lynch calls "stalwarts," blue chips whose shares could gain 30% to 50% over the next couple of years if they can be purchased at the right price.

Last year's bargain growth portfolio slightly outpaced the market, rising 23%.

Company (Ticker symbol)	Current price	52-wk high	52-wk low	Market Cap (mill)	P/E	PEG Ratio	Earnings growth	Debt/Equity Ratio
3M (MMM)	$78.15	$79.25	$40.87	$55,326.92	18.5	1.6	11%	0.18
AIG (AIG)	$29.85	$55.90	$6.60	$4,018.02	11.4	1.0	11%	0.2
Accenture (ACN)	$42.51	$42.19	$26.25	$31,197.46	21.7	1.4	14%	0
Chubb (CB)	$48.50	$53.79	$34.44	$16,970.25	9.5	1.0	10%	0.24
ConocoPhillips (COP)	$50.66	$57.44	$34.12	$75,163.94	8.4	1.2	8%	0.28
McKesson (MCK)	$60.94	$64.98	$31.34	$16,330.88	20.9	1.4	14%	0.29
Microsoft (MSFT)	$30.00	$30.20	$14.87	$266,374.52	21.3	1.6	13%	0
United Health (UNH)	$27.46	$30.25	$16.18	$31,908.99	17.7	1.0	15%	0.26
Current price, 52-week high/low and market cap as of Dec 04 16:00 P/E based on earnings for the last 12 months. Earnings growth based on analyst projections for the next five years, according to Baseline.