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DECEMBER 31, 2001
WHERE TO INVEST -- THE INVESTMENT SCOREBOARD
A Menu of Investment Opportunities | | These six tables show the companies that scored the highest based on
various financial criteria. Be careful, though: Unusually high or low
results could also be a sign of trouble. This is just the start for further
research.
BIG CAPS WITH THE HIGHEST DIVIDEND YIELD
These companies have a market capitalization of at least $5 billion and pay
the highest dividends, excluding utilities and REITs
PERCENT
R.J. REYNOLDS TOBACCO HLDGS. (RJR) 6.1%
EASTMAN KODAK (EK) 6.0
KEYCORP (KEY) 5.2
UST (UST) 5.1
PHILIP MORRIS (MO) 4.9
AMSOUTH BANCORP (ASO) 4.8
UNION PLANTERS (UPC) 4.6
H.J. HEINZ (HNZ) 4.3
NATIONAL CITY (NEC) 4.2
CONAGRA FOODS (CAG) 4.1
STOCKS WITH A LOW PRICE-TO-BOOK RATIO
These companies have an S&P Equity Ranking of at least A- and a relatively
low price-to-book ratio
PRICE AS S&P
PERCENT OF EQUITY
BOOK VALUE RANKING
DILLARD'S (DDS) 54% A
ROYAL CARIBBEAN CRUISES (RCL) 78 A
ONEOK (OKE) 80 A-
CONSTELLATION ENERGY GROUP (CEG) 95 A-
NATIONAL SERVICE INDS. (NSI) 102 A-
CINCINNATI FINANCIAL (CINF) 105 A-
WATSCO (WSO) 106 A
HUGHES SUPPLY (HUG) 107 A-
UTILICORP UNITED (UCU) 113 A-
AVNET (AVT) 117 A-
CHEAP STOCKS
Companies with both a low price-to-book ratio and a low price-earnings ratio
PRICE AS
PERCENT OF P-E
BOOK VALUE RATIO
PROVIDIAN FINANCIAL (PVN) 32% 1
INTEGRATED ELECTRICAL SVCS. (IEE) 32 6
SPHERION (SFN) 40 5
TESORO PETROLEUM (TSO) 52 5
KAISER ALUMINUM (KLU) 65 1
ENCOMPASS SERVICES (ESR) 13 8
DURA AUTOMOTIVE SYSTEMS (DRRA) 35 7
OWENS-ILLINOIS (OI) 72 3
AVISTA (AVA) 78 4
COMPUCOM SYSTEMS (CMPC) 45 9
TECH WITH A DIVIDEND
Tech stocks that pay dividends tend to be in the less glamorous corners of
the sector
PERCENT
MCI GROUP (MCIT) 18.3%
HUBBELL (HUB.B) 4.9
NATIONAL SERVICE INDUSTRIES (NSI) 4.0
ROCKWELL INTERNATIONAL (ROK) 4.0
COOPER INDUSTRIES (CBE) 3.4
VERIZON COMMUNICATIONS (VZ) 3.3
SMITH (A.O.) (AOS) 2.9
EMERSON ELECTRIC (EMR) 2.9
PITNEY BOWES (PBI) 2.8
SBC COMMUNICATIONS (SBC) 2.7
HIGH-GROWTH TECH STOCKS
Technology companies projected to have higher-than-average long-term
earnings growth
PRICE CHANGE LONG-TERM S&P
DEC. 31, 2000- EARNINGS EQUITY
NOV.30, 2001 GROWTH RANKING
LINEAR TECHNOLOGY (LLTC) -11 25.0% A
TELEPHONE AND DATA SYSTEMS (TDS) 0 24.0 A-
CITIZENS COMMUNICATIONS (CZN) -25 20.0 A-
ELECTRONIC ARTS (ERTS) 42 25.0 B+
MAXIM INTEGRATED PRODS. (MXIM) 15 25.0 B+
PEOPLESOFT (PSFT) -6 25.0 B+
BENCHMARK ELECTRONICS (BHE) -15 25.0 B+
SYMBOL TECHNOLOGIES (SBL) -31 25.0 B+
CISCO SYSTEMS (CSCO) -47 25.0 B+
SOLECTRON (SLR) -57 25.0 B+
HIGH HOPES FOR EARNINGS
These companies' earnings are forecast to move ahead strongly in 2002
PERCENT CHANGE
2001-2002
E*TRADE GROUP (ET) 325%
BMC SOFTWARE (BMC) 100
AGCO (AG) 97
TRANSOCEAN SEDCO FOREX (RIG) 93
PROVIDENT FINANCIAL GRP. (PFGI) 92
GATX (GMT) 88
XILINX (XLNX) 85
PITTSTON (PZB) 82
TEXAS INDUSTRIES (TXI) 66
EBAY (EBAY) 57
Thomson Financial/First Call estimates as of Nov. 29. All other data as of
Nov. 30
Data: Thomson Financial/First Call, Standard & Poor's COMPUSTAT

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