Magazine

Table: BusinessWeek Market Forecast Survey for 2002


Forecaster

Company Dow Jones Industrial Average S&P 500 Yearend Nasdaq Composite Yearend Russell 2000 Yearend Asset Allocation* Favorite Stock Sector Favorite Stock

Midyear Yearend Stocks Bonds Cash

Alvin Mirman

vFinance 11500 13250 1535 2139 80 20 0 Technology NVIDIA

Robert H. Stovall

Prudential Financial 11500 13000 1475 2225 531 60 15 15 Health Care Host Marriott

Robert S. Robbins

SunTrust Robinson Humphrey Cap. Mkts. 11547 12742 1520 2626 647 80 15 5 Retail Optimal Robotics

Robert G. Morris

Lord, Abbett & Co. 11000 12700 1450 2400 580 60 40 0 Ind. Cyclicals Gap

Philip J. Orlando

Value Line Asset Management 12250 12600 1400 2800 560 85 10 5 Health Care MedImmune

Joseph V. Battipaglia

Gruntal & Co. 11000 12500 1450 70 30 0 Health Care Ivax Corp.

Joseph Liro

Stone & McCarthy Research Assoc. 10900 12090 1400 2410 585 80 10 10 Ind. Cyclicals Nextel

Edgar Peters

PanAgora Asset Management 11000 12000 1350 2100 600 70 30 0

Stuart T. Freeman

A.G. Edwards & Sons 12000 1350 2400 575 75 20 5 Media/Comm. First Data

Richard I. Sichel

The Philadelphia Trust Co. 11500 11800 1400 2650 65 25 10 Technology Bristol-Myers Squibb

Elaine Garzarelli

Forward Funds 11800 1380 95 5 0 Cons. Durables Charles Schwab

Steven Folker

Fifth Third Bancorp 11255 11753 1380 2322 559 70 30 0 Technology BroadWing

Clare W. Zempel

Robert W. Baird 10785 11565 1335 2210 535 80 15 5 Health Care Flowserve

Edward Yardeni

Deutsche Banc Alex. Brown 10000 11500 1265 2000 540 80 20 0 Health Care Microsoft

J. Thomas Madden

Federated Investors 10500 11500 1325 2350 555 58 42 0 Technology Nokia

Subodh Kumar

CIBC World Markets 10750 11500 1450 3300 600 75 20 2 Technology Intel

Stephen M. Oristaglio

Putnam Investments 10800 11500 1350 2300 550 70 25 5 Financials Tyco

Rod Smyth

First Union Securities 11000 11500 1300 2100 550 74 25 1 Financials

Brian G. Belski

U.S.Bancorp Piper Jaffray 11100 11500 1300 2600 525 75 20 5 Technology Sun Microsystems

Jeffrey Applegate

Lehman Brothers 11500 1350 80 10 10 Cons. Durables Mohawk Industries

David A. Katz

Matrix Asset Advisors 11100 11400 1350 2370 546 80 15 5 Technology Amer. Power Conversion

Tom Galvin

Credit Suisse First Boston 10700 11400 1375 70 20 10 Health Care

John J. Regan

Josephthal & Co. 10250 11378 1341 2331 557 90 0 10 Technology Tyco

George W. Egan

Spencer Trask Asset Management 10500 11333 1392 2000 515 80 15 5 Financials D.R. Horton

Art Hogan

Jeffries & Co. 10500 11300 1270 3150 521 75 15 10 Technology MTR Gaming Group

Jon Brorson

Northern Trust 10290 11270 1250 2234 566 80 15 5 Retail Southwest Airlines

Richard A. Dickson

Hilliard Lyons 9900 11200 1350 2500 510 80 15 5 Cons. Durables Amgen

David M. Blitzer

Standard & Poor's 10400 11100 1300 2260 60 25 15 Health Care

Barry Hyman

Ehrenkrantz King Nussbaum 10550 11100 1250 2550 506 70 20 10 Technology Liberty Media

Laszlo Birinyi, Jr.

Birinyi Assoc. 10500 11050 1300 2200 530 80 0 20 Financials Johnson & Johnson

Ryan M. Sailer

Kirkpatrick Pettis 11050 1290 1925 75 10 15 Health Care Southwest Gas

Jim Moltz/Jason Trennert

ISI Group 10300 11000 1265 2150 525 75 25 0 Financials AES

Allan Roness

ASR Corporate Consultants 10500 11000 1250 2410 520 70 0 30 Health Care RailAmerica

Kurt D. Walters

Bear Stearns & Co. 10300 10900 1265 2100 500 65 30 5 Cons. Durables Boeing

Jay Ferrara

Ziegler Investment Services 10350 10875 1275 2300 500 60 20 20 Technology Siebel Systems

Jack Ablin

Harris Bank 11068 10870 1257 2049 513 70 30 0 Services Tricon Global Restaurants

Tobias Levkovich and team

Salomon Smith Barney 10800 1350 70 25 5 Financials AOL Time Warner

Peter Canelo

Morgan Stanley Dean Witter 10250 10750 1300 2250 525 75 20 5 Technology NVIDIA

Charlie Crane

Victory SBSF Capital Management 10100 10700 1250 2130 510 80 15 5 Technology Sanmina

Charles J. Pradilla

SG Cowen Securities 10350 10550 1250 2080 500 70 20 10 Technology IBM

William F. Truscott

American Express Fin. Advisors 9800 10500 1230 2200 510 50 50 0 Health Care Liberty Media

Jeffrey N. Kleintop

PNC Advisors 10350 10500 1225 2150 500 60 30 10 Technology Bristol-Myers Squibb

James Paulsen

Wells Capital Management 10400 10500 1250 2170 515 60 40 0 Cons. Staples

Thomas McManus

Banc of America Securities 9000 10400 1200 2350 500 60 35 5 Health Care Pfizer

Hugh Johnson

First Albany 10000 10400 1245 2400 500 88 0 12 Cons. Durables Tyco

Guy Elliffe

Jurika & Voyles 9800 10386 1166 1900 460 60 20 20 Cons. Staples Hormel

Robert R. Reiser

Balentine & Co. 9950 10300 1200 2029 490 50 20 10

Jeffrey Saut

Raymond James 10000 1100 2000 460 65 15 10 Health Care

Roger DeBard

iGlobal Capital 9800 9850 1110 1910 425 39 28 33 Financials Merrill Lynch

Bernie Schaeffer

Schaeffer's Investment Research 8000 9000 925 1500 375 20 0 70 Cons. Staples Krispy Kreme Doughnuts

Douglas Cliggott

J.P. Morgan Chase 8000 8500 950 1500 525 50 25 25 Cons. Staples USX Marathon

George W. Jacobsen

Trevor Stewart Burton & Jacobsen 7200 8100 1000 1800 425 50 50 0 Cons. Staples Diebold

Joseph H. Barthel

Fahnestock 10400 8000 920 1500 380 100 0 0 Health Care DRS Technologies

Edward Kerschner

UBS Warburg 1570 80** 20 0

AVERAGES 10404 11090 1292 2236 520 70 20 9

*Asset allocations totaling less than 100% result from allocations to other categories not listed here, such as REITs, gold, and hedge funds

**As of 12/6/01


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus