Ken Fisher recommended the following stocks in the July 21 issue of Forbes:

Dow Chemical:

a. superbly managed largest chemical company in the U.S.

b. Should overtake BASF someday as largest in world

c. sells only at 60% of revenue, 12 times 2008 earnings

d. 4.5% dividend

Rohm & Haas

a. owns Morton Salt

b. produces specialty chemicals

c. bought back 18% of shares in past four years

d. Sells at 1.1 times annual revenues, 11x 2008 forecasted earnings

e. 3.1% dividend

Franklin Resources

a. world leader in mutual funds

b. as stock prices rise, Franklin’s revenues rise

c. great CEO

d. should sell for more than 12.5x 2008 earnings

Ball

a. U.S. leader in metal and plastics containers

b. growing market share in a slow growth field

c. stock should do well when U.S stocks rally

d. sells at 70% of revenues and 12x 2008 earnings forecast

Merck and Pfizer

a. both are too cheap

b. congress isn;t going to kill prescription industry

c. selling at 10x and 7x 2008 forecasted earnings respectively

Track Ken Fisher’s picks at:

http://www.trackthepros.com/categories.php?category_id=26