Summary
How the stocks touted in Dec 1992 performed - B.E. Money Management Special Section
The 12 stocks BE experts suggested buying in Dec 1992 have included both hits and misses over the year and a half since then. None have returned more than 54% and several have declined in value, but most should rebound strongly.See the full content of this document
Extract
Investing with B.E.
DAY IN AND DAY OUT, AMERICAN CONSUMERS reach for brands that they know and love as they journey through the shopping aisles. Many of these products fill the homes of millions, simply because they look, feel or taste good. It doesn't take a crystal ball to predict that the companies behind these household names are good buys for your investment portfolio.
The premise of investing in products that you know, trust and already buy is not new: Some 13,000 savvy investment clubs prove that. A National Association of Investors Corp.'s study reports that among its club members' largest holdings were McDonald's, PepsiCo and Walt Disney. Every year BLACK ENTERPRISE convenes an Investment Roundtable and publishes the picks of our financial wizards. Here we are, yet again, putting our pundit picks to the test. In December 1992, BE profiled more than 12 stocks that were t...See the full content of this document
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