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Sivy 70
BLUE-CHIP GROWTH STOCKS FOR THE LONG RUN
(MONEY Magazine) – Like other growth stocks, those on our list took a beating in June, with 49 of 70 falling. Two of the biggest losers: Boston Scientific, which voluntarily recalled thousands of pacemakers and defibrillators, and Anadarko Petroleum, which fell after it agreed to buy Kerr-McGee and Western Gas Resources for more than $21 billion in cash. That move may pay off in the long run but is depressing the stock today. NOTES: Data as of June 26. N.A.: Not available. P/E ratios based on projected earnings for 2007. Earnings growth is compound annual rate projected for five years by analysts covering the stock. [DOWN] [Down] 10% or more for the month. SOURCE: Thomson/Baseline. |
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