Seven Stocks Destined to Be Blue Chips

We know the future will be different from the past. But we tend to think it will be like the present. When we try to imagine the future, we often merely project the trends of the moment over the next 10 or 20 years.

And that's exactly the trap that the Future Fantastic 50 portfolio, my attempt to put together a list of stocks that will turn into tomorrow's blue chips in the next five years, fell into as it roared out of the gate in July 1999 and then flopped on its face from 2000 through 2002.

My crystal ball has worked better in the last two years. And in the year that ended on July 20, the Future 50 portfolio outperformed the S&P 500 and the Nasdaq Composite. ...