Holding out for growth

Maceo Sloan says he's not fazed by the latest growth stock sell-off

overseas.

Sloan Is Sticking With Growth

Company

Exchange: Symbol

Price *

Est. 5-Yr. Annual EPS Growth

P/E

Why Stock Will Outperform

America Online NYSE: AOL $111.75 50.5% 328.67 50% annual revenue growth could propel shares of the Net’s dominant player to $250 in 12 months.
Mandalay Resort Group NYSE: MBG 22.50 14.3 25.00 Casino operator should tap into the boom in gambling nationwide and should bounce back with an upswing on the Las Vegas strip. Stock could reach the mid-50s.
Infinity Broadcasting NYSE: INF 26.27 22.5 46.91 The cream of large-cap radio stocks will get a boost from its presence in the nation’s largest markets as well as its profitable billboard operations. Shares could rise to $32.
ICN Pharmaceuticals NYSE: ICN 33.50 25.0 17.24 Generic drug maker stands to benefit from the success of its hepatitis treatment. Stock trades at a discount to its peers and could reach $42.
AES Corp. NYSE: AES 58.88 25.5 30.66 Global utility firm is building power plants worldwide. With 75 plants in 12 countries, a global recovery could boost shares to the mid-80s.
*As of 6/22/99 Source: Zacks Investment Research
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