Ripe For A Recovery - Page 2 of 2 - Black Enterprise

Page: 1 2

Page: 1 2

Black Enterprise Magazine January-March 2019 Issue

Page: 1 2

of the few companies where there is actually more demand than there is supply,” Lewis explains. “You are looking at earnings growth of about 8% this year, and when the economy picks up, companies like Harley-Davidson can always ramp up their production to meet the demand.”

F. Douglass Lewis Jr.’s Private Screening Picks

Company
Exchange: Symbol
Price* 12-to-18 Month
Price Target
P/E on Projected
2003 Earnings
Est. 5-Yr.
Annual EPS
Growth Rate
Why Stock Will Outperform
Altria Group
NYSE: MO
$35.04 $40 7.3 9.7% Altria should realize 10% to 12% earnings growth because of strong tobacco sales overseas.
Microsoft
Nasdaq: MSFT
26.57 32 24.6 13.9 Will maintain a 90% market share of operating systems that run computers and grow revenues with Xbox and MSN online.
First Data
NYSE: FDC
37.93 45 22.3 15.4 Business for First Data is set to increase in U.S., India, and China.
Harley-Davidson
NYSE: HDI
41.06 49 20.5 18.6 More demand for Harley-Davidson motorcycles than supply. Revenues will increase.
*AS OF MARCH 21, 2003
SOURCES: F. DOUGLASS LEWIS JR.,
FDL FINANCIAL SERVICES; MORNINGSTAR INC.;
YAHOO! FINANCE; ZACKS INVESTMENT RESEARCH

Page: 1 2



MORE ON BlackEnterprise.com