to 18 months.
Finally, Symantec (Nasdaq: SYMC) doesn’t fit the profile of Lewis’ other choices. The company is coming off of a strong 2002, but Lewis thinks Symantec’s antivirus software will continue to be a hit. He looks for the stock to reach $67 a share in the next 12 to 18 months.
|
Hamilton Lewis’ Private Screening Picks |
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| 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 |
| Home Depot NYSE: HD |
$22.43 | $35 | 13.9 | 15.6 | Lewis says Home Depot’s stock is cheap and the company looks ready to turn the corner. |
| Best Buy NYSE: BBY |
27.70 | 45 | 15.3 | 18.0 | The retail stock slump has hit Best Buy, but Lewis thinks the company will weather the sag. |
| Symantec Nasdaq: SYMC |
45.05 | 67 | 26.3 | 17.2 | The company’s antivirus software is a hit, which is enough to keep Symantec rolling. |
| Lucent Technologies NYSE: LU |
1.64 | 1.75 | N/A | 13.1 | Lewis thinks Lucent is as cheap as it can get, yet the company has taken steps to right its direction. |
| Barr Laboratories NYSE: BRL |
79.19 | 120 | 18.5 | 22.3 | Barr Labs has new products coming to market that will send the company’s stock higher. |
| *AS OF JAN. 17, 2003SOURCES: HAMILTON LEWIS; HAMILTON LEWIS CAPITAL MANAGEMENT; MORNINGSTAR INC.; YAHOO! FINANCE; ZACKS INVESTMENT RESEARCH | |||||