Focus On Expansion - Page 2 of 2
Magazine

Focus On Expansion

a trend Singleton thinks will bode well for the company’s future. “Starbucks has become a cultural phenomenon,” says Singleton. “Their stores are always busy and they have an expansion plan that will continue to add stores, and therefore add revenues.”
STEVEN SINGLETON’S Stock Picks

Company
(Exchange: Symbol)

Price*

12 to 18 Month Price Target

P/E on Projected 2004 Earnings

Est. 5-Yr. Annual EPS Growth Rate

Why Stock Will Outperform

Transocean Inc. (NYSE: RIG) $35.17 $43.00 28 15% Company should benefit from increased oil demand.
           
Baker Hughes Inc. (NYSE: BHI) $42.21 $49.00 23 15% Company should benefit from increased oil demand.
Yahoo! Inc. (NASDAQ: YHOO) $37.66 $48.00 77 31% Company should benefit from overseas expansion of its Internet services.
eBay Inc. (NASDAQ: EBAY) $100.87 $120.00 62 35% Company should benefit from overseas expansion of its Internet services.
Starbucks Corp. (NASDAQ: SBUX) $54.65 $62.00 46 20% Company will continue to add stores, increasing its sales.

source: Steven singleton, Robert van Securities, Inc.
*AS OF NOV. 4, 2004


×