LeBron James as a spokesman for the company is an added attraction that should lift profits.
DENNIS HINTON’S
Private Screening Picks
Company Exchange: Symbol |
Price* | 12- to 18-Month Price Target |
P/E on Projected 2004 Earnings |
Est. 5-Yr. Annual EPS Growth Rate |
Why Stock Will Outperform |
International Game Tech. NYSE: IGT |
$33.90 | $60.00 | 29.8% | 16.2% | The gaming industry is a growth industry and the company has multiple revenue streams. |
Best Buy Co. Inc. NYSE:BBY |
$54.04 | $75.00 | 22.3% | 15.4% | Sales of DVDs, computers, and other hardware will increase. Company will benefit from expansion. |
Fortune Brands Inc. NYSE: FO |
$70.00 | $100.00 | 18.9% | 13.3% | Company’s European sales will benefit due to weak U.S. dollar. Sales of golf products will surge. |
Yankee Candle Co. Inc. NYSE: YCC |
$29.17 | $40.00 | 18.9% | NA | Company will continue to benefit from the popularity and high sales of scented candles. |
Nike Inc. NYSE: NKE |
$65.06 | $90.00 | 20.9% | 13.5% | Global sales should benefit from a weak U.S. dollar. Basketball star LeBron James as newest spokesperson should lift profits. |
*STOCK PRICES AS OF DEC. 4, 2003. SOURCES: THE RESOURCE GROUP, YAHOO! |