Stocks that beat the S&P 500 in past 4 recessions

The Ticker

April 04, 2001|By JULIUS WESTHEIMER

IN THIS bear market and business slowdown, should you be looking to buy securities?

"These stocks beat the S&P 500 in the past four recessions," says Standard & Poor's research, "and their issuers remained profitable throughout each severe business downturn."

The list includes Abbott Labs, Bristol-Myers Squibb Co., Hershey Foods Corp., Lockheed Martin Corp., Pfizer Inc., Philip Morris Cos. Inc., Procter & Gamble Co. and Wisconsin Energy Corp.

CHEERFUL NOTE: "The purchasing power of baby boomers has more impact on company fortunes than the price of oil, interest rates or politics. As the number of baby boomers moves higher, the Dow will reach 40,000 by 2008. Use sell-offs as buying opportunities." (Harry S. Dent Jr., money manager)

FREEBIES: Phone for "Do Municipal Bonds Have a Place in My Portfolio?" 800-345-2021; "Five Myths About Investing, 800-523- 7731; "Investor Beware: 10 Questions to Ask About Any Investment Opportunity," 800-732-0330.

TAX TIP: "Investment expenses are deductible, subject to the 2 percent of adjusted gross income floor. They include computer and online services, fees for investment planners, safe-deposit rental and subscriptions to investment newspapers, magazines, etc." (Tax Hotline)

WALL STREET WATCH: "When stocks fall, an automatic investing plan will force you to buy shares when bargains abound." (Kiplinger's Personal Finance Magazine)

"Another `leg down' is taking place within the context of a bear market. No rush to leap in at this time." (Systems and Forecasts)

"Chasing `hot' sectors, investors are blindly throwing money at anything that holds up or moves. Just look at the Dow Jones average - it's higher than a year ago!" (Addicted to Profits)

"The stock market will rise about 15-25 percent from current levels in the next few months, accompanied by sharply lower short-term interest rates." (Peter Dag Portfolio)

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