A Year for the Choosy Buyer

With no one sector likely to be the standout star of '05, S&P's Kenneth Shea urges the greatest care when picking individual stocks

"Solid positive momentum" -- that's the prospect for the economy and the market in 2005, according to Kenneth A. Shea, managing director of Standard & Poor's Equity Research Services. S&P expects an approximate 9% increase in the S&P 500-stock index this year, to 1,300, plus roughly a 2% dividend yield, he says.

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