Betz LabsBetz Laboratories (OTC, BETZ, around $40), says...


January 09, 1991|By Steve Halperm for Knight Ridder.

Betz Labs

Betz Laboratories (OTC, BETZ, around $40), says Dow Theory Forecasts, Hammond, Ind., is one of the few chemical makers positioned to prosper in 1991.

"Growing demand for water, wastewater, and process-system chemicals has kept sales growth in high gear. Long-term, the prospects for water treatment operations are bright. . . . In the latest quarter, sales rose 15 percent. Next year's earnings are estimated to climb 10 to 15 percent. We rate the stock among our capital gains favorites."

General Parcel

"General Parcel (OTC, GPSX, $4.50) rose 20 percent despite poor overall market action" last year, notes The Speculator, Sarasota, Fla.

"Revenues for the overnight package delivery company have more than doubled since last year. While profitability has been elusive, 1991 is shaping up as an explosive period. Recent price increases should more than compensate for higher fuel costs, and will likely put the company solidly into the black. With less than three million shares outstanding, earnings leverage will be outstanding. Buy."

Attwoods Plc

Marc Sulam, Kidder, Peabody likes Attwoods Plc (OTC, ATTWY, around $19), a British-based company that operates solid-waste collection services in Washington, D.C., and Florida and solid-waste recycling.

"The firm also focused on its new opportunities in medical-waste operations in Florida. Although exchange rates may distort reported earnings, our fiscal 1991 estimate is $1.20 per share, up from $1.03 reported in fiscal 1990. For 1992, we look for a further gain to $1.50. At current prices, we recommend purchase."

Ralston Purina

"Ralston (NYSE, RAL, around $93) is ranked highest for both investment timeliness and safety," says Value Line Investment Survey.

"The firm's high earnings predictability makes the shares especially appealing given current economic uncertainties. Contributing to its top safety ranking are Ralston's A plus financial strength rating and high stock price stability rating. The company's name is known around the globe . . . Earnings have grown around 15 percent a year on average over the past decade."

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