Friday, July 07, 2006

Sticking to his guns; "fallen angels."

Nygren dubs these stocks "fallen angels." He named ten that fit the profile: Citigroup (C), Dell (DELL), Harley-Davidson (HDI), Hewlett-Packard (HPQ), Home Depot (HD), Kohl's (KSS), Texas Instruments (TXN), Time Warner (TWX), Tyco (TYC) and Wal-Mart (WMT). Nygren thinks these companies will achieve long-term earnings growth that will significantly exceed the earnings growth of companies in Standard & Poor's 500-stock index and that the market will recognize that growth in the form of high stock prices in the future.

To read complete article.

Thank for GuruFocus for this link.

Happy learning,
Dah Hui Lau (David)

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