Monday, November 5, 2007

"Sound Advice" from Steve Horwitz

Steven follows the time tested theory of buying low and selling high. It seems simple, but it takes real guts to recommend the types of out-of-favor stocks that grace the Sound Advice portfolio. Three of those companies we discuss are Boston Scientific (NYSE:BSX), Ford convertible preferred (F-PS), and Schering Plough (NYSE:SGP). BSX's stent business is slowing, but the Guidant segment has seen some profit growth and the minimally invasive surgical products are growing even faster. SGP has great pharmaceutical sales and a great pipeline. Fred Hassan is a genius and the stock should be bought on any dip. F-PS is a wild-card. If you believe that Ford has a shot to turn things around, then these convertible shares are a bargain.
Think you know how to find a turn-around? Listen In!
http://www.wallstreetreporter.com/page.php?page=featured&id=27425