Robert StovallSuezSZETOP PICKDec 10, 2004

A global operation in waste disposal, water and energy. Pays a nice dividend.

Robert Stovall

Owned

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$24.83

Stock price when the opinion was issued

environmental

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BUY

Opportunities for contracts in China. Very well run company. Good company in good space. Could get between 10-20% return in next year.

HOLD

French water utilities. Price has come off on talk of a pending merger where it is the acquirer. Could be potential price weakness ahead because the stock has got ahead of itself.

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Robert StovallSuezSZETOP PICKDec 10, 2004

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