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Article: Shearson picks out its 10 `uncommon values'
- Article from:
- Chicago Sun-Times
- Article date:
- July 3, 1988
- Author:
CopyrightCopyright (null) Chicago Sun-Times. (Hide copyright information)
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For investors who wonder if the summer stock rally has faded
into the summer doldrums, here's a hint: Shearson Lehman Hutton is
once again trumpeting its "10 Uncommon Values in Common Stocks."
Every summer since 1949, Shearson has picked 10 stocks it
expects to perform well over the next year. While cynics may dismiss
the effort as a bare-faced ploy to drum up business during a slow
period, the stock market takes notice. Most of the "uncommon stocks"
jumped after the announcement Friday.
As one Chicago market analyst put it: "Their name has clout. If
Shearson says `X' stock is undervalued, `X' stock is going to move."
In this case, the `X' stocks range from the widely followed ...