Topic: Growth Stocks

The Wall Street Stock Forecaster Hotline – Friday, February 2, 2007

Article Excerpt

MOTOROLA INC. $19.85, New York symbol MOT, jumped 7% after billionaire investor Carl Icahn, who owns 1.4% of Motorola’s stock, said he plans to seek a seat on the company’s board of directors. Mr. Icahn says he wants Motorola to enhance its stockholder value by using its cash of $15.6 billion ($6.25 a share) to buy back stock and increase its $0.20 dividend (1.0% yield). He may also pressure Motorola to spin off some of its divisions as independent companies. That would let the company focus on improving profits and market share at its core mobile phone business. Motorola is a buy. THE BOEING CO. $90.05, New York symbol BA, earned $1.16 a share in the fourth quarter of 2006, up 56.8% from $0.74 a year earlier. These figures exclude discontinued operations and other unusual items. Revenue rose 25.9%, to $17.5 billion from $13.9 billion, thanks to growing demand for commercial airplanes and higher sales at its defense businesses. Boeing now expects to…

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