Georgia’s A Peach For Profits


Group Inc. has an investment banking relationship with Southern Company and has been engaged in the underwriting of the company’s debt and equity securities throughout the past 12 months. The Malachi Group expects to participate in future underwritings.Porter Bingham’s Private Screening 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
Home Depot
NYSE: HD
$35.53 $35 19.4% 14.1% HD has a strong financial position and has rapidly strengthened customer service, inventory management, and technology.
Southern Company
NYSE: SO
$29.97 $35 15.7% 4.6% SO has the dominant market share in the Southeast utilities market and produces relatively predictable revenues and earnings.
Beazer Homes USA
NYSE: BZH
$92.81 $107 7.0% 14.5% BZH has a keen focus on cost control, and it has translated into margin expansion and steady earnings growth.
           
Haverty Furniture Cos.
NYSE: HVT
$21.14 $22 18.5% 11.9% HVT has benefited from above average population growth and new home sales. Private-label merchandise accounts for 30% of sales.
*AS OF OCTOBER 24, 2003.
SOURCE: THE MALACHI GROUP’S EQUITY RESEARCH; YAHOO! FINANCE; WWW.MORNINGSTAR.COM; WWW.ZACKS.COM

 

 


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