Date updated:06-04-2007
SmartMoney Magazine
Five of Warren Buffets disciples uncover Buffect-like bargins. From last August to April of this year Warren's picks returned 15.8% compared to Standard & Poor's 15.5%.
Now that we're facing a slowing economy, we decided to check back to see if these stocks are still worth owning.
For More articles see SmartMoney.com

-
AXP
Amer Express Inc - $41.83
- +2.42%
- $40.89
American Express, trading at $65, returned 10% and Joel Greenblatt of Gotham Capital thinks the stock still stands to gain another 31% to reach the $74 area. He adds, "thanks to the Ameriprise spinoff, the now pure-play credit card company has better growth prospects."

-
BRK-B
Berkshire Hath Hl - $3353.00
- -0.86%
- $3361.00
Buffet's company, Berkshire Hathaway, returned 17% reaching $3,635. Seeing as it's one of today's safest, fastest-growing and cheapest large companies analysts think it could hit $4800.

-
HBC
Hsbc Hldgs Plc Ad - $59.01
- +0.94%
- $58.77
HSBC returned only 3% and analysts have no confidence going foward. Bad debt charges and losses on its subprime loans destroyed this stock.

-
MHK
Mohawk Inds Inc - $41.08
- -1.18%
- $41.38
Flooring manufacturer Mohawk Industries returned 24%, rising to $83. Bruce Berkowitz of the Fairholme Fund will buy more if the stock falls 10% but otherwise feels the stock is priced where it should be.

-
SMG
Scotts Miracle-gr - $39.93
- 0.00%
- $N/A
Scotts Miracle-Grow rocketed 39% over the past months, incuding its one-time $8 dividend issued in March. The lawn and garden-care company's future looks bright based on strong operations and low debt levels.

-
UPS
United Parcel Svc - $57.47
- 0.00%
- $N/A
UPS returned 7%, currently priced at $72, and Jeff Auxier of Auxier Funds thinks the stock can go to $90. He like the companies strong balance sheet and high return on capital but warns that most of UPS's business depends on the health of the economy.

-
WMT
Wal Mart Stores - $54.55
- -0.15%
- $54.53
Wal-Mart returned 10% but Whitney Tilson of T2 Partners thinks the international expansion and domestic-store renovations will send the stock up 24%, to $60. Though he warns no imediate catalysts- "it takes a long time to turn a supertanker."
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