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Article: Waiting on the blue chips: Gordon Bell's large-cap selections are slow to recover. (Stock Update).(Brief Article)
- Article from:
- Black Enterprise
- Article date:
- May 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Last year, Gordon P. Bell, CFA, portfolio manager and director of Private Portfolio Group Smith Barney Asset Management, a division of Salomon Smith Barney Inc. and part of Citigroup Asset Management, looked for large-cap giants to weather the markets' gyrations and produce profits. While he believes that all of his Private Screening picks will be great over the long haul, they were down 33.81% last year.
"The overarching reason for the poor performance is the nature of the markets. We have a bonafide recession going on, people are making less money, and corporate profitability has certainly suffered significantly, which brings down stock prices," says Bell.
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Article: Smith Barney Hosted Investor Education Symposium ...
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... ... Legacy," hosted by Smith Barney at the Baltimore Museum ... markets. James Tighe, Smith Barney regional director and ... State of Maryland Gordon Bell, certified financial ... portfolio manager, Smith Barney Asset Management * Mitchell ...
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