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| Cristopher Davis of Davis New York Venture Fund |
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| BUY | American International Group | AIG-N | 71.610 | An indirect way of investing in China. Founded in Shanghai and has 30,000 insurance agents in China. | 2004-03-12 | ||
| TOP PICK | American Express | AXP-N | 52.120 | A wonderfully well-managed company. It's in credit cards, but really in charge cards. It has competitive advantages to its model. They don't have to rent the brand such as Visa. | 2004-03-12 | ||
| TOP PICK | Altria Group Inc | MO-N | 54.310 | Controversy often creates low valuation giving opportunities to buy. Good in a diversified portfolio. Good dividend. | 2004-03-12 |
