Magazine article Black Enterprise

Growth Potential

Magazine article Black Enterprise

Growth Potential

Article excerpt

Dawna Edwards selects growth companies that dominate their industries. They also have the capacity to contend with market volatility. Out of her five picks, two were rocked by turbulence, while the remaining three rode high on the rugged waves.

Overall, the portfolio from last year's Private Screening constructed by Edwards, managing director of equity investments at Alpha Capital Management, made strong gains with a positive total return of 15.62%. Its performance beat out that of the $300 million portfolio that her company manages, which dipped .03% vs. -2.66% for the S&P 500.

By far, the top performer was Intel (Nasdaq: INTC), which catapulted the portfolio into the black. Since her recommendation, the chip maker has experienced an astounding ride with a positive total return of 75.97%. Intel, which split 2-for-1 in July, remains a core holding for Edwards.

Cardinal Health (NYSE: CAH), the Dublin, Ohio-based distributor of health aids and pharmaceutical supplies, returned a whopping 28.50% and, by late August, hit a 52-week high of $79.88. Edwards maintains that the stock will sustain its growth because "it's the only company to offer pharmaceutical and medical/surgical supplies via the Internet, with links to other providers for products they don't carry, providing a real edge over the competition."

Meanwhile, St. Louis-based Anheuser-Busch (NYSE: BUD) managed to stay in the black with a total return of 5.05%. With Budweiser as the top-ranked beer in the United States, Anheuser-Busch commands 50% of the domestic market. …

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