In Search For Profits

Monday, December 29, 2003


TD Waterhouse is offering free trades

If you open an account online at www.tdwaterhouse.com and type the offer code LSTP4M, TD Waterhouse will give you free trades for a month plus free reports from financial research providers such as Standard & Poor's Outlook and Five Stars Stocks. TD Waterhouse has received 5 stars in Kiplinger's Winter 2002 issue because of the amount and quality of their online research.





Standard & Poor's sees superior potential in these stocks

Genzyme Corp (GENZ, $48.11 on 12/29/2003) - Company makes drugs to treat genetic enzyme deficiencies. S&P expects a 30% earnings growth in 2004 with a 12-month target of $70. Target P/E 26.

Millennium Pharmaceuticals Inc (MLNM, $17.95 on 12/29/2003) - Millennium sells Velcade for myeloma treatment and Integrilin for heart disease. S&P's 12-month target is $22.

Black & Decker Corp (BDK, $49.21 on 12/29/2003) - B&D moved production to countries with low labor costs and should benefit from an extended period of strenght in homebuilding. Yields 1.7%. Targeted at $55 in 12 months. Target P/E 11.

D R Horton Inc (DHI, $43.85 on 12/29/2003) - Horton is positioned in favorable markets demographically. S&P 12-month target: $44. Target P/E 9.

Harrah's Entertainment Inc (HET, $49.05 on 12/29/2003) - Harrah's is a very geographically diversified casino company and should stay strong. Stock yields about 2.5% dividend. 12-month target: $50. Target P/E 15.

La Quinta Corp (LQI, $6.42 on 12/29/2003) - La Quinta should benefit from a recovery in the travel industry. 12-month target: $9.

Procter & Gamble Co (PG, $98.24 on 12/29/2003) - The weakening dollar should provide additional strenght to this leading consumer products company. Yields 1.85%. S&P's target is $114 for the next 12 months. Target P/E 19.

Regis Corp (RGS, $39.27 on 12/29/2003) - Regis is a leader in the hair care industry with excellent earnings growth: 19% over the past 5 years. Target: $46. Target P/E 16.

Intel Corp (INTC, $31.36 on 12/29/2003) - Intel should benefit from an obsolete equipment replacement demand plus the increased chip categories demand for industries and consumer markets. Target: $42. Target P/E 30.

Microchip Technology Inc (MCHP, $32.30 on 12/29/2003) - Microchip is leader in the 8-bit microcontroler market and can win additional market share. Target: $42. Target P/E 33.

GENZ $48.11 on 12/29/2003
MLNM $17.95 on 12/29/2003
BDK $49.21 on 12/29/2003
DHI $43.85 on 12/29/2003
HET $49.05 on 12/29/2003
LQI $6.42 on 12/29/2003
PG $98.24 on 12/29/2003
RGS $39.27 on 12/29/2003
INTC $31.36 on 12/29/2003
MCHP $32.30 on 12/29/2003



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