to 18 months.
Finally, Symantec (Nasdaq: SYMC) doesn’t fit the profile of Lewis’ other choices. The company is coming off of a strong 2002, but Lewis thinks Symantec’s antivirus software will continue to be a hit. He looks for the stock to reach $67 a share in the next 12 to 18 months.
Hamilton Lewis’ Private Screening Picks
|Price*||12- to 18-Month
|P/E on Projected
|Why Stock Will Outperform|
|$22.43||$35||13.9||15.6||Lewis says Home Depot’s stock is cheap and the company looks ready to turn the corner.|
|27.70||45||15.3||18.0||The retail stock slump has hit Best Buy, but Lewis thinks the company will weather the sag.|
|45.05||67||26.3||17.2||The company’s antivirus software is a hit, which is enough to keep Symantec rolling.|
|1.64||1.75||N/A||13.1||Lewis thinks Lucent is as cheap as it can get, yet the company has taken steps to right its direction.|
|79.19||120||18.5||22.3||Barr Labs has new products coming to market that will send the company’s stock higher.|
|*AS OF JAN. 17, 2003SOURCES: HAMILTON LEWIS; HAMILTON LEWIS CAPITAL MANAGEMENT; MORNINGSTAR INC.; YAHOO! FINANCE; ZACKS INVESTMENT RESEARCH|