Bangkok--10 Jan--Standard & Poor's
Strong Performances Noted for Model Portfolios in 2006
Standard & Poor's Equity Research has announced the composition of its popular S&P PowerPicks 2007 and S&P Global Picks 2007 portfolios. These model portfolios are representative of the best stock ideas from Standard & Poor's for the year 2007.
"Standard & Poor's Equity Research is bullish on the prospects for equities in all major markets in 2007, reflective of its belief that corporate earnings will remain in a solid uptrend, and that valuations remain attractive relative to historical norms," said Kenneth Shea, Managing Director of Global Equity Research at Standard & Poor's. "As a result, we are once again favoring stocks of entities with established records of growth trading at what we view as reasonable prices."
The S&P PowerPicks 2007 Portfolio again consists of the 40 stocks deemed to be the "best picks" from among the most senior of S&P Equity's U.S. research staff, and includes selections from all 10 S&P economic sectors. The S&P PowerPicks Portfolio concept was initiated on January 1, 1997. From inception through December 31, 2006, the S&P PowerPicks Portfolio generated a cumulative total return of 199.6% vs. 124.5% for the S&P 500 Index. In 2006, the PowerPicks Portfolio had a total return of 16.4% compared to a total return for the S&P 500 of 15.8%.
The S&P Global Picks 2007 Portfolio again consists of 30 stocks representative of the "10 best" selections from each of the major global markets, namely the United States, Asia and Europe. Since inception on January 1, 2005, the S&P Global Picks Portfolio has generated a 49.6% total return, versus 33.8% for the S&P Global 1200 Index. In 2006, the Global Picks Portfolio had a total return of 30.8% compared to a total return of 21.5% for the S&P 1200.
Readers should note that past performance is not necessarily indicative of future results.
To view a video clip of Stephen Biggar, Standard & Poor's Director of U.S. Equity Research discussing the S&P PowerPicks 2007 Portfolio, please click here.
Clients of Standard & Poor's Equity Research can access the portfolios by clicking on the "Ideas: Portfolios" tab on Advisor Insight or the "PowerPicks" tap on the main page of The Outlook online edition.
Non-clients can purchase a listing of either of the 2007 portfolios in three ways:
Online for immediate download at http://sandp.ecnext.com/coms2/page_powerpicks , by telephone at 617-530-8214, or via e-mail order sent to larry_mcquaid@standardandpoors . Members of the media can request a copy from the communications contact listed at the end of this release.
About Standard & Poor's Equity Research Services
As the world's largest producer of independent equity research, Standard & Poor's licenses research to over 1,000 institutions for their investors and advisors, including 19 of the top 20 securities firms, 13 of the top 20 banks, and 11 of the top 20 life insurance companies. Standard & Poor's team of 120 experienced U.S., European and Asian equity analysts use a fundamental, bottom-up approach to assess a global universe of approximately 2,000 equities across more than 120 industries worldwide. Follow Standard & Poor's equity analysts' U.S. market commentary each day at http://www.equityresearch.standardandpoors.com .
The equity research reports and recommendations provided by Standard & Poor's Equity Research Services are performed separately from any other analytic activity of Standard & Poor's, including Index Services & Credit Ratings. Standard & Poor's Equity Research Services has no access to non-public information received by other units of Standard & Poor's. Standard & Poor's does not trade on its own account. The analytical and ethical conduct of Standard & Poor's equity analysts is governed by the firm's Research Objectivity Policy, a copy of which may also be found at www.standardandpoors.com .
For more information contact:
Ed Sweeney, Communications, S&P Equity Research, Tel.: 212 438 6634
[email protected]