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Many of us would be happy to benefit from a quiet retirement without facing concerns of losing all of our hard earned money. Fortune 40 gives us a helping hand by suggesting some big names to invest in that could offer us the results that we are looking for. One such company is Abbott Laboratories (NYSE: ABT), whose earnings surged 35% during its last quarter, helped by its famous anti-inflammatory drug Humira and HIV treatment Kaletra. Looking ahead to the company's performance, CEO Miles White is planing to keep his main attention on its medical devices unit which is seen as a key element against strong competition.
Fortune 40 also looks at beverage maker The Coca-Cola Company (NYSE: KO), which benefits from strong international gains able to beat recent weakness in U.S. In addition, it looks like the company's acquisition of Glacéau and its VitaminWater brand offer it a good support to outperform on the market.
Consumer products maker Colgate-Palmolive Company (NYSE: CL) made it on Fortune 40's list as remarkable for its ability to fight against competitor The Procter & Gamble Company (NYSE: PG). Another company that makes its presence felt is pharmaceutical company Johnson & Johnson (NYSE: JNJ), cited for its impressive dividend growth rate of 14% over the past five years.
There are also some tech giants on the list, such as Cisco Systems, Inc. (NASDAQ: CSCO), which benefits from the strong popularity of video streaming, and Microsoft Corporation (NASDAQ: MSFT), which expanded its presence into the Web-based software market by launching its Xbox 360 game console.
But those are only a few big names that Fortune 40 recommends to us. To get a clearer and more comprehensive image of these strong companies and their profitability chances just take a look at the Fortune slide show.
Eliza Popescu is a financial writer for the online investment advisory service Investor's Observer.
Reader Comments (Page 1 of 1)
1. I think Vanda is waiting for final approval on the first one.(Fiapta) This should move the stock.
Vanda Pharmaceuticals is a development-stage company which has several drugs for disorders of the central nervous system undergoing trials. The company's leading drug candidate is Fiapta (iloperidone), a treatment for schizophrenia and bipolar disorder. Other drug candidates are treatments for sleep disorders, including insomnia and sleep apnea, and depression. Vanda has licensed development and commercialization rights for the three compounds it has in clinical development from Bristol-Myers Squibb and Novartis. Dr.Mihael H. Polymeropoulos, M.D.
CEO 9605 Medical Center Dr., Ste. 300
http://www.vandapharma.com
Posted at 3:20PM on Jul 9th 2008 by BA