buy shares whenever the stock has fallen to the $4 level.
Overall, Bedford thinks a mild rally this past fall will probably be followed by another marked drop in share prices. After that, I think theres a chance the market could rise as much as 50% in the year ahead.
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Terry Bedford’s Private Screening Picks |
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Company Exchange: Symbol |
Price* |
P/E on Projected 2002 Earnings |
Est. 5-Yr. Annual EPS Growth Rate |
Why Stock Will Outperform |
| Walt Disney Co. NYSE: Dis |
$16.08 |
33.4 |
12 |
Disney is cutting costs at ABC, while banking on the strength of its large library of characters. |
| Verizon Communications NYSE: VZ |
34.71 |
13 |
6.8 |
The Baby Bells should come out of the recent telecom slump stronger and ready to bounce back. |
| SBC Communications NYSE: SBC |
22.40 |
12.3 |
0.65 |
Like Verizon, SBC is cheap. The company should also be able to expand through an industry fire sale. |
| 3M NYSE: MMM |
120.95 |
24.6 |
11.4 |
Not only is 3M’s management currently the envy of the corporate world, it also has a Fort Knox of patents. |
| Xerox NYSE: XRX |
5.28 |
30.8 |
14.8 |
Although Xerox has come under pressure, a change in management will right the company’s course. |
| *AS OF OCT. 14, 2002 Sources: Terry bedford, bedford & associates research group; morningstar inc.; yahoo! finance; zacks investment research Raymond Stewart’s Private Screening Performance |
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