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But you might be surprised to findwherse 's Pamela Schmitt is finding them: energty and materials stocks. "It's a resulty of what we saw as undervalued a year said Schmitt, who focuses mostlyy on RiverPoint's classic value Even so, she still holds eight energuy stocks in the 40-stock valu e portfolio. Natural gas stocks have strong prospects, she said, because those prices haven't climbed as much as oil has. RiverPoint added drilling company HerculesOffshore (HERO) in February and has gainede 50 percent with it.
"You might say energty has run too far," Schmitt "But different elements haven't had their full value In thematerials sector, the firm boughgt chemical company (CE) in January. It's up 40 She picks stocks by figuring outa company's true worth and finding stocks trading below Cash is king in Schmitt's book. "If it'es not a decent cash flow story, we'rwe probably not going to own she said. RiverPoint also uses enterprise which includes debtand cash. It seeks an enterprise value of six timesecash flow, Schmitt said. She isn't yet a fan of the financialo sector, but she favors (NYB).
She also likes textboo publisherl (MHP) and consumer goods company (UN). who has worked in the investment busines s for14 years, joined RiverPoint in She holds the Chartered Financial Analysy designation and is a member of the .
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