2009 SMid-Cap Outlook
UW vs Large & Credit: Pos Abs Returns from 1H Low
- Corrected Report supersedes any previous versions
Small/Mid-Cap Strategy
Eduardo LecubarriAC *
(44-20) 7325-1213
eduardo.lecubarri@jpmorgan.com
Mathieu P Bouthillier
(44-20) 7325-8867
mathieu.p.bouthillier@jpmorgan.com
Anders Bergman
(44-20) 7325-5346
anders.x.bergman@jpmorgan.com
J.P. Morgan Securities Ltd.
* Registered/qualified as a research analyst under NYSE/NASD rules
See page 49 for analyst certification and important disclosures, including non-US analyst disclosures.
J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may
have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their
investment decision.
JPM OW-Rated Stocks with Net Cash
Balance Sheets and Significant Rev
Exposure to North America
Name BBG Price
Aker Solutions ASA AKSO NO NOK 38.70
Cobham PLC COB LN £ 1.96
Andritz AG ANDR AV