Barron's and Black Enterprise offer predictions of best stocks

The Ticker

January 24, 2001

Notes and quotes about your money:

STAR QUALITY: This week's Barron's says Goldman Sachs Group Inc.'s ace stock-picker Abby Joseph Cohen selects these stocks for top performance in 2001: MetLife Inc., Ecolab Inc., Applied Materials Inc., Amdocs Ltd. and Coach Inc.

MORE PICKS: Black Enterprise, February, picks American International Group Inc., Citigroup Inc., EMC Corp., Medtronic Inc. and Tyco International Ltd.

GOOD STRATEGY: "Recently, the Wall Street Journal printed letters mostly from people moaning about 2000 results," says Moneypaper. "But one letter read, `I'm not losing sleep because my automatic monthly buying plan picks up more shares when stocks are low. I sleep better than the pros, many of whose funds are down 30 [percent] to 50 percent.'"

LOOKING BACK: "Last year was the first since 1991 when dividends on the S&P 500 actually fell, with payments dropping 2.5 percent. This downtrend mostly reflects slowing earnings." (S&P Outlook)

"Reversing a trend, drug stocks in 2000 had their best year since 1960, and hospital and managed-care stocks zoomed, far outdistancing the S&P 500." (Salomon Smith Barney)

LOOKING AHEAD: "Falling consumer confidence, deteriorating business conditions and the U.S. trade deficit point to another imminent interest rate cut by the Federal Reserve." (Kathleen Camilli, Tucker Anthony & Co.)

"Easier credit and full payrolls will help the economy expand, and most companies will post better than forecast profits. At year-end the Dow will stand at 12,700, the Nasdaq at 1,650." (Weekly Perspectives)

"We expect the Dow back in the 11,000-11,500 range in the first quarter. After the 2000 battering, major averages should score double-digit gains in 2001." (Smart Money)

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