The stocks that are worthy to buy“Whether the market goes up or down from here, these blue chips are great investments.”Despite the market’s recent resuscitation, many stocks are still trading at fire-sale prices no surprise given the immense decline that preceded the advance.But which stocks should you buy?If you‘re looking for ideas, Momingstar Stocklnvestor ($119 annually) is a great resource.According to the authoritative Hulbert Financial Digest, the newsletter‘s stock picks returned an annualized 2.6% from the end of 1999 through last February, a period in which the broad-based Dow-Jones Wilshire 5000 stock index lost an annualized 5.0%.What’s more, tbe Momingstar letter is less risky than the index and tends to do little trading; on average, the letter holds stocks for about three years.Momingstar’s 100-plus stock analysts estimate “intrinsic value” for every company they cover. They compare intrinsic value to a company’s share price to arrive at a star rating.Larson then draws up two lists――a “tortoise” portfolio and a “hare” portfolio consisting of about 25 highly rated stocks each.The stocks below are chosen from Stocklnvestor’s tortoise, or lower-risk, portfolio.
