Erick, what sectors are good for 2002?
There are few sectors that are problem-free. Therefore, our preference is always to focus on companies, more so than sectors. Health care continues to be attractive due to demographics, and the fact that if you get sick, you will most likely fill your prescription. Here again, however, it’s critical to focus on companies that have good revenue growth now, a robust pipeline for the future, and minimal patent-expiration exposure. Our favorite companies within that context would be Pfizer (PFE ), Forest Labs (FRX ), and Allergan (AGN ). Outside of health care, the areas we traditionally focused on, that we believe have good long-term potential, are technology, finance, and a few consumer names. Q: What are some of the companies that meet your criteria in those sectors? A: Also in health care, Medtronic (MDT ). In finance, American International Group (AIG ), Citigroup (C ), USA Education (SLM ). In the consumer area, Home Depot (HD ), Bed Bath & Beyond (BBBY ). In technology, Cisco (CSCO
