This Year, Large Caps Will Lead
It will be a good year for investors in stocks -- but not quite so good as 2003. That's the forecast of Sam Stovall, chief investment strategist for Standard & Poor's, who sees large-cap names taking the lead. Stovall suggests that investors should "gravitate toward higher-quality earnings and take profits in low-quality/high-risk companies that appreciated nicely in 2003." He also notes that the stocks rated 5 STARS or buy in S&P's Stock Appreciation Ranking System (STARS) gained 35% in 2003, vs. a 26% gain for the S&P 500-stock index as a whole.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.