Sivy 70
BLUE-CHIP GROWTH STOCKS FOR THE LONG RUN
(MONEY Magazine) – Only one of the stocks in the Sivy 70 suffered a decline of more than 10% in September: Walgreen, the leading drugstore chain, which was hurt by growing competition in generic drugs. By contrast, four stocks posted double-digit gains. In addition to Burlington Northern, winners included retailers Best Buy, Target and Wal-Mart. So on balance it seems that consumers are continuing to spend despite short-term economic concerns. NOTES: Data as of Sept. 29. 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. [New] to the list. [Up] 10% or more for the month. [Down] 10% or more for the month. SOURCE: Thomson/Baseline. |
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