booming automated optical inspection industry could set growth on a 25% upward trajectory in 2004, pushing the company’s stock price to around $22.
Finally, Jackson thinks Laureate Education Inc.’s (Nasdaq: LAUR) business plan, which offers Internet degree programs backed by accredited universities, is on target for growth, particularly in Latin America. He sees an average profit increase of 20% or more next year and targets the stock to hit $44 in the next 12 months.
Henry O. Jackson’s Private Screening Picks
| Company (Exchange: Symbol) | 5-Yr. Price* | Growth Rate | Target Price | Why Stock Will Outperform |
| Mueller Industries(NYSE: MLI) | $38.05 | 17% | $40 | Mueller’s fittings business has done well because of the recent U.S. housing boom. |
| Integra LifeSciences (Nasdaq: IART) | $28.91 | 20% | $35 | Integra LifeSciences’ biotechnology products should make the company a strong performer. |
| Global Payments Inc. (NYSE: GPN) | $43.90 | 15% | $50 | Global Payments benefits from its position as a leader in electronic transactions. |
| Orbotech Ltd. (Nasdaq: ORBK) | $17.75 | 24% | $42 | A booming tech market could have positive results for Orbotech’s manufacture of electronic equipment. |
| Laureate Education Inc. (Nasdaq: LAUR) | $30.99 | 20% | $44 | Online degree programs have given Laureate Education a way to grow in Latin America. |
| *As of Aug. 19, 2004 | ||||