Changes to the Argus Focus List (ALL, DKS, EPD, NBR, HD, MON, STX, V)

By Jon C. Ogg Published Mar 13, 8:15AM EDT

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Argus has made some basic changes to its FOCUS LIST of its analysts’ best ideas. Those which were added were Allstate Corp. (NYSE: ALL), Dick’s Sporting Goods Inc. (NYSE: DKS), Enterprise Product Partners LP (NYSE: EPD) and Nabors Industries Ltd. (NYSE: NBR).

The companies which were removed due to replacement with the above names were as follows: Home Depot Inc. (NYSE: HD), Monsanto Co. (NYSE: MON), Seagate Technology (NASDAQ: STX) and Visa Inc. (NYSE: V).

The research outfit has said that additional information about the changes will be made available in coming action alerts in the future. Seagate has recovered handily from its low, while Visa, Monsanto, and Home Depot were up significantly over the last year. All of the new components added to the FOCUS LIST appear to be trading below the consensus analyst price targets from Thomson Reuters.

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.