Joe Battipaglia Picks Three Safe Growth Stocks

By on November 21, 2009

Joe Battipaglia was interviewed by Forbes regarding three of his favorite stocks with good balance sheets, healthy operating margins, and business models that will work well in a recession/recovery scenario.

Battipaglia said Cisco Systems has been building a very strong fundamental base in its balance sheet to sustain itself into the future.

He feels Dollar Tree, which is benefiting from the consumer trading down, can grow earnings at 20% a year.

Battipalia told Forbes IBM is selling into some of the biggest economies around the world and he sees the growth rate reaccelerating for them. He feels IBM is also fundamentally cheap.

Source:

Forbes.com
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