| TOP PICK | | Coca-Cola Company | KO-N | 41.400 | Interested in companies that are high quality and have struggled. Attractively priced. | 2004-11-05 | |
| TOP PICK | | International Paper Co | IP-N | 40.120 | Interested in companies that are high quality and have struggled. Valuation is pretty good. Good dividend yield. | 2004-11-05 | |
| TOP PICK | | Marsh & McLennan | MMC-N | 44.640 | | 2004-08-27 | |
| TOP PICK | | Comcast Corp | CMCSA-Q | 27.900 | Struggled over the last year. Very good company. Great cash flow dynamics. Out of favor. Hold for 1/2 years. | 2004-07-16 | |
| TOP PICK | | Dow Jones & Co. Inc. | DJ-N | 43.270 | Struggled over the last year. Very good company. Great cash flow dynamics. Out of favor. Hold for 1/2 years. | 2004-07-16 | |
| TOP PICK | | Viacom Inc. | VIA-N | 34.510 | A high dividend growth company. Struggled over the last year. Very good company. Great cash flow dynamics. Out of favor. Hold for 1/2 years. | 2004-07-16 | |
| TOP PICK | | Wyeth | WYE-N | 36.130 | Have great new pharmaceutical products they will bring into the market in the 2006/2012 timeframe. 14 X earnings and 2 1/2 percent yield. High quality. | 2004-06-04 | |
| TOP PICK | | Viacom Inc. | VIA-N | 37.380 | Have a series of great media entertainment properties. Undervalued. | 2004-06-04 | |
| TOP PICK | | Royal Dutch Petroleum | RD-N | 49.350 | A contrarian play. Very high-quality company. Some accounting and reserve estimation issues but still reasonable valuation. 4% yield. | 2004-04-23 | |
| TOP PICK | | Union Pacific Corp | UNP-N | 59.840 | Has had some problems. Business has been so good, they've had difficulty routing freight. The dividend yield. A multiple of 13. Attractive financial position. | 2004-04-23 | |
| TOP PICK | | Marsh & McLennan | MMC-N | 45.010 | Some investigatory moves announced today. A very good company. Dividend growth will continue to be good. Buyback of some stock means a return to shareholders. Not for the faint of heart. | 2004-04-23 | |
| TOP PICK | | Lockheed Martin | LMT-N | 45.050 | A laggard that hasn't performed particularly well over the last year or so. A high quality company. Have a piece of everything important going on in aviation or defense. Reasonable valuation. | 2004-03-05 | |
| TOP PICK | | Johnson & Johnson | JNJ-N | 53.130 | One of a handful of AAA Company's out there. Great dividend history. Reasonable P/E valuation. Hasn't participated in the strong market over the course of the last year or so. | 2004-03-05 | |
| TOP PICK | | Microsoft | MSFT-Q | 26.350 | Very strong financially and the market has totally ignored it for the last year. Fairly reasonable valuation. | 2004-03-05 | |
