a global oil field services company that should benefit from higher energy costs. “Higher crude [oil] prices will lead to increasing returns for oil field service companies, especially those with an international focus like Schlumberger,” Jackson says.
Alfred Jackson’s Private Screening Picks
| Company Exchange Symbol | Price* | 12-to 18- Month Price Target | P/E on Projected Earnings | Est. 5-Yr. Annual EPS Growth Rate | Why Stock Will Outperform |
| Petsmart Inc. (NASDAQ: PETM) | $29.00 | $35.00 | 21.2 | 20% | Company should benefit from increased spending on pets. |
| Johnson & Johnson (NYSE: JNJ) | $55.00 | $63.00 | 18.2 | 16% | Company shows consistent growth from pharmaceutical business and should benefit from innovative medical device. |
| General Electric Co. (NYSE: GE) | $32.00 | $37.50 | 20.7 | 15% | Company should benefit from an upswing in energy and electricity generating businesses. |
| Microsoft Corp. (NASDAQ: MSFT) | $27.00 | $33.00 | 21.5 | 12% | Company revenues should grow with the introduction of new operating systems and Internet software. |
| Schlumberger Ltd. (NYSE: SLB) | $63.00 | $74.00 | 31.5 | 15% | Global oil companies like this one should benefit from higher energy costs. |
| *AS OF AUG. 4, 2004 | |||||