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Best Stocks for 2008: Forbes quant picks A. Schulman (SHLM)

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"My top conservative idea for 2008 is A. Schulman (NASDAQ: SHLM), which makes high-performance plastic resins and compounds that are used by customers to produce everything from pens to artificial turf," says quantitative analyst Vahan Janjigian, editor of The Forbes Growth Investor.

"Almost three-fourths of fiscal 2007 sales (ended August 31) were generated from outside of North America. The firm makes resins that give plastics a specific color or physical property, such as conductivity.

"Its polyolefins units makes products such as interior trims for automobiles, toys, and office supplies and its engineered compounds division helps products maintain specific characteristics such as heat resistance, electrical conductivity, and high strength-to-weight ratios.

"SHLM is recovering from a difficult fiscal year. Management started several strategic initiatives to put profitability back on track. Most of these efforts focused on improving profitability in North America. Business units were reorganized with the aim of cutting costs.

Continue reading Best Stocks for 2008: Forbes quant picks A. Schulman (SHLM)

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Last updated: November 22, 2008: 02:33 AM

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