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Stock picks by the pros
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July 2, 1999: 1:14 p.m. ET
Not-so-obvious Internet-related companies and financial stocks
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NEW YORK (CNNfn) - Analysts and money managers revealed more of their stock preferences Friday, with a wide array of stocks, including some companies with ties to the Internet that you may not have considered.
Here are some stocks the latest CNNfn guests like and why:
Jim Glickenhaus, portfolio manager at Glickenhaus and Co., is hot for a company that has an indirect connection to the Internet. First Industrial Realty (FR) provides warehouse space for companies selling products online. Glickenhaus says the solid revenue this company will generate means the stock should be selling eight or nine points higher than the 27-28 range it is in now.
As an enabler of the Internet, Texas Instruments (TXN) is another favorite of Glickenhaus. He says their semiconductor that allows phones to be converted from analog to digital is a great product.
"Over the next ten years 800 million telephones worldwide will be converted from analog to digital telephones," Glickenhaus said. "Texas Instruments could grow its earnings at 40 percent a year."
Also in the technology sector, Glickenhaus rates Intel Corp. (INTC) highly. He says the company is "one of the greatest success stories of modern time," and is filled with "very bright people."
Glickenhaus says with Intel stock down at the moment, it is the perfect time for a buy.
If you're looking for a consistent performer, Glickenhaus says you should look no further than one of the "greatest companies of all time." He rates Ford Motor Company (F) as a screaming buy.
"Ford's P/E has not changed at all. As their earnings have gone up, the stock has gone up," he said.
In the financial sector, Jennifer Scutti, financial services analysts with Prudential Securities, points to Capital One Financial (COF) as a strong performer. Scutti likes the way Capital One gets customers for its credit card business.
"The company has been very dynamic and proactive in their target marketing of customers and they`re really being led," Scutti noted. "Their growth is led by accounts and what really is separating the credit card companies apart from one another these days is their ability to find those customers."
Scutti has American Express (AXP) rated as a "strong buy" because the company has benefited from the overall economic picture and should get a boost from the hike in the fed funds rate.
She says American Express is also doing very well from consumer spending both domestically and internationally.
The views presented here are solely those of the analysts quoted. They do not represent opinions of CNNfn on whether to buy or sell shares of a particular stock. 
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