Bulls ayes: here's how our stock pickers hope to beef up their portfolios in '05.
Business North Carolina › Vol. 25 Nbr. 1, January 2005
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Bulls ayes: here's how our stock pickers hope to beef up their portfolios in '05.
About 29% of Americans regularly get their news from the Internet, according to The Pew Research Center in Washington, D.C. That's up from 23% in 2000. Count Bobby Edgerton among the other 71%. In fact, he still doesn't use a computer. One of his employees at Raleigh-based Capital Investment Counsel handles his e-mail. Likewise, he isn't one to blindly follow financial fads. When good companies go bad in the eyes of investors and their stock prices drop, he's more likely to buy. "Bad news is good news for a guy like me."
He liked Charlotte-based Duke Energy in late 2003, when it suffered from heavy debt, was well on its way to losing $1 billion for the year and was trading at about $17 a share. Duke rebounded, and--along with Charlotte-based snack maker Lance, another depressed stock in 2003--it helped him win BUSINESS NORTH CA...See the full content of this document
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