computers and Asia’s currency crisis made for a disappointing first quarter. Profit says those concerns are behind the company, and with competitors like Dell and Gateway rallying all year long, it’s Compaq’s turn to shine.
Another stock Profit’s keen on is Bear Stearns (NYSE: BSC). The brokerage firm now sells at a P/E of 12.2, compared to the 17.7 a peer like Merrill Lynch now fetches.
PROFIT’S PROFITS
This money manager looks for value stocks–cheap, but with promise
Name: Profit Value Fund
Manager: Eugene Profit
Phone: 888-335-6629
Sales Charge: None
Minimum initial investment: $2,500 ($1,000 for IRAs)
|
TOP FIVE HOLDINGS |
|||
| Company |
Exchange:Symbol |
Current Price* |
Type of |
| Wal-Mart |
NYSE: WMT |
$56.50 |
Retail |
| American General Corp. |
NYSE: AGC |
67.69 |
Insurance |
| EMC Corp. |
NYSE: EMC |
40.38 |
Computer hardware |
| Compaq |
NYSE: CPQ |
26.81 |
Computers |
| Harris Corp. |
NYSE: HRS |
48.19 |
Electronics |
| * As of 6/1/98 | |||



