Mr. P's Theory Pays OffThe suggestion from wily hedge fund manager Mr. P. on Jan. 10 ("
|Name||10-Year EPS growth %||% Change 12 Mos.*||Market Cap (in billions)|
|Sun Microsystems (SUNW)||30.61||-64.2||51 .0|
|Silicon Valley Banc (SIVB)||23.36||-49.6||1.1|
|Charles Schwab (SCH)||43.32||-51.0||22.0|
|Applied Materials (AMAT)||43.92||-45.8||40.0|
We've Learned to Love RejectionMy favorite story of the year came on Feb. 14, when I showed that Standard & Poor's had ripped more than two dozen able-bodied value stocks out of its benchmark index during 2000 and replaced them willy-nilly with growth stocks ("
Calendar Streak ContinuesMy portfolios of stocks that do well in individual months have scored solid gains this year, too. Called HiMARQ -- for "historical monthly average return quotient" -- they beat the market handily in every month except February. Top picks included Ameristar Casinos ( ASCA) in April, which is up 137%; McNaughton Apparel ( MAGI) in April, up 45%; Barnes & Noble ( BKS) in March, up 46%; Oracle ( ORCL) in June, up 31%; and MedImmune ( MEDI) in June, up 21%. Overall, I figure the HiMARQs are up 7.1% for the year. Here are the July prospects:
|Stock||Avg. July gain||# up Julys||# down Julys|
|Taro Pharmaceutical (TARO)"||8.4||6||1|
|First Virginia Banks (FVB)||3.9||11||4|