expansion into overseas markets, where pension programs are being revised, should also help future growth.
Robert McMillan’s Private Screening Picks
|Price*||P/E on Projected
|Why Stock Will Outperform|
|$63.70||12.3||12.0%||Lehman is profiting from a strong bond market and is poised to ride a turnaround in stocks.|
|Capital One Financial
|48.41||10.7||16.6||Capital One is working hard to raise credit quality and keep costs in check.|
|21.75||13.6||13.6||Low rates are helping to keep MBNA’s margins wide and defaults low.|
|Merrill Lynch & Co.
|52.92||15.4||12.3||Merrill is cutting costs and could benefit if stocks make a strong climb.|
|70.01||20.4||13.5||Legg Mason has developed a solid asset management business and is working to establish a toehold overseas.|
|*As Of July 22, 2003. Sources: Standard & Poor’s, Morningstar, Zacks Investment Research|