Grade: A- I started following Foster Wheeler's pps months ago and never got it. Boohoo. But this company continues to show promise of tremendous growth: 78% quarterly revenue increase, 684% earnings growth, and '07 eps of $5.95. Also, owned 81% by institutions, trailing P/E of just 20, forward P/E of only 17. Overextended pps? Maybe. But watch it closely, even at $102!

Grade: B+ Another company I started following months ago (early '07). Focus Media has a great opportunity to be the advertising Goliath of the Middle Kingdom. With a market cap of $4.9 billion and a P/E of 53, it seems bloated, but again, I must emphasize the potential Goliath status. Profit margin (37%) and operating margin (34%) are excellent. Quarterly revs (75%) and earnings growth (72%) are off the hook! Only 16% owned by institutions, which is a plus in this instance. I want in.

Grade: B+ Specialists in flow pumps. I had idea what that meant. Uhh... flow of digital storage data? No. Oil. Oil, oil, oil. The recent contract with Marathon Oil is just another plus for Flowserve. Other pluses? 80% earnings growth, 92% owned by institutions. Plus, forward P/E is just 16. Let it flow . . .

Grade: B+ Precision Castparts might as well be a dusty old store in a desert town in Star Wars, next door to the popular, but violent honky-tonk bar. But it's not. PCP is a construction parts company that has 64% quarterly growth and 103% earnings growth, as well as rising earnings per share (like all my picks) for the past 3 years. Also, 86% owned by the big boys. This has been a helluva winner for some time, and the best may still be ahead. Forward P/E: 16.

Grade: B+ It was just a matter of time before former Netscape guru Marc Andreessen's latest company approached global reach again. I rated Opsware a B- recently while the price was at 8.22. But as of this week, CheckFree is the latest, newest customer, and OPSW finished the week up more than 1 buck. At 10.07 today, the pps may be overextended. It's a definite keeper on a pullback. Quarterly revenue was up 59% and I believe Andreessen when he says the future is very bright.

Grade: B+ One of my two new picks that are based in India. Infosys has a forward P/E of 23 to go with 27% profit margin growth, 27% operating margin growth, 37% ROE, 45% gain in quarterly revenue and 70% earnings growth.

Grade: B+ The Indian economy is thriving and this bank is mirroring the growth. HDB Bank has 82% earnings growth and 56% operating margins. What's not to like?

Grade: B+ The market is bullish and ICE benefits directly. Ridiculously positive numbers (151% quarterly revenue, 182% earnings growth) are impossible to dismiss, even with a 54 P/E (31 forward P/E). Everything changes if the market cools off.