|Click on the company name to jump to Wanger's comments on the stock.|
|Christopher & Banks|
|Expeditors International of Washington|
|International Game Technology|
Ralph Wanger says he won't be giving us "hot stock picks for the next hour."
Wanger would likely disapprove of awkwardly trudging out the cliche about the acorn becoming the mighty oak, but it's useful to enlighten our readers for a key point: Real growth takes time.
Wanger knows that better than just about anyone managing money. He has been the skipper of the ( ACRNX) Liberty Acorn fund since 1970, and he has amassed a phenomenal record by spotting small-cap companies poised for growth, scooping them up early and letting them ride. A list of his top-25 holdings reads like a Who's Who of ten-baggers (a ten-bagger, for the hour-to-hour crowd, is a stock you hold until the stock appreciates tenfold -- what a concept!). Wanger jokes that he takes the slow and steady approach because he doesn't like to work that hard. But don't be fooled by the self-deprecating humor, which is also on display in his