Tabell’s Market Letter – November 25, 1968

Tabell’s Market Letter – November 25, 1968

Tabell's Market Letter - November 25, 1968
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Walston &- Co. —-Inc —- M.mb…. N.w York Stock Exchange and Principal Stock and Commodity Exchange. OVER 100 OffiCES COAST TO COAST AND OVERSEAS TABElL'S. ,RECOM.MENDED LIST November 25, 1968 This edition of our Recommended List gives long-term technical upside objectives, plus indicated support levels or shorter-term downside objectives. In all cases, we believe the stock would be attractive for purchase at the levels given in the support column. An asterisk in the Upside Objective column indicates that either the objective is unclear, or that I the stock has I! n ot I 'tye tbrok en Io ut of its 'base formation. 1d – . I . I1 QUALITY & LONG TERM GROWTH 1 …,….- ..ClosgQual- 11/22/68 ity Obj. port Close Qual- Ullside -,t1/2276a-iry- pSourPT- Alum. CoAmer. 76 1/4 Amerada 941/2 Amer.T & T 57 3/4 Borden Co 35 Caterpillar T 46 1/8 Colgate Palm. 51 Cont'lOil 78 1/8 DelMonte 343/4 Fed.Dept.S 34 7/8 B A A A A AA A A 110 112-140 67-80 48-60 59-80 58 91-130 60 50-62 72-66 82-74 50-46 30-28 44-37 47-42 70-65 30 34-29 Goodyear T 58 1/2 Inti. Paper 38 1/2 Kellogg Co 42 Natl Dairy 433/4 Parke Davis 31 1/2 Phillips P 65 3/4 Radio Corp 47 1/8 Reynolds Tob. 405/8 Royal Dutch 52 3/4 U. S. Gypsum 861/4 A AA A A A AA A A- 82 48-82 70 56-66 44-50 76-120 76-98 74-124 79 104 44-42 34-32 38-34 38 26 63-56 45 38 44 80 Adams Millis 21 1/2 B PRICE APPRECIATION 17 Koppers Co. 44 Air ReductiCl1 31 1/4 A- 42-55 28 McNeil Corp.51 3/4 Amer.Baker. 303/8 B 43-62 26 Medusa P. C. 435/8 ,Amer….Ma;h.F 27 . Arvin Ind. 41 3/r B 51 38 Olin Math. 42 BulovaWatch 48 7/8 B 50- 68 34 Republic St. 45 Burlington Ind. 50 B 76 46-44 Rexall Drug 42 Chic.M'us. Inst.31 1/4 B 40-65 29-25 Reynolds Met. 44 1/2 Commonw'th Oil 291/2 – 35-46 25 Robt. Cont. 62 1/2 Copperweld St. 24 1/2 B 36-54 24-22 Seaboard C.L. 49 1/2 Diners Club 52 1/4 B 72 48 Sharon Steel 50 1/8 Dresser Ind. 38 B 57-64 35-33 Stokely V. C. 37 5/8 First Chart.F. 39 48-80 33-30 Union Camp55 1/8 Gt. No.Paper 74 1/2 B 102 60 Vornado 28 B 57-62 35 B 63 44 A- 54 38 .2.7 ……12 B 60 35 B 70-106 40 A- 52-78 36 B 53-94 34 B 70-104 50 B 58-84 44-41 B 70 42 B 64-96 34 B 74-92 46 32-45 20 SPECULATIVE PRICE APPRECIATION Allied Super. 19 1/8 B 34 17 Macke Co 28 5/8 B 41 25 Amer.Motors 15 1/8 B 24-32 13 Microwave 31 1/2 B 48 28 Camp. Chib. 8 5/8 16 8 Pac. Pete 21 5/8 B 30-50 19-16 Chris-Craft 38 1/8 B 46-68 32 Penn-Cent. 62 1/4 B- 104 54 Elec. Special. 28 B 72 26 Technicolor 45 B 50-58 32 Gibraltar Fin. 30 1/2 UMC Ind. 25 1/8 B 40-58 20-18 Home Oil A 36 1/8 B 39 32-29 Victoreen 15 1/8 C 26 14 In registration. Anthony W. Tabell Walston & Co. Inc. I This Bulletw 1'1 IIUllhshed fOl your 110. Inform.ltlOn 11.0,1 I.., not .In otTt'r to …. U'l obtained from .,nUI(',-., \10,- t…lv, 10 I.. lelmlolc hut …. l df) lint Ils ,\('(Ula,'\ havc ,In Intl,.rcs\ III Ot Iml (hH't' and th. I det Ic,1 In ht .'In or a 5011l,'11llt.100 to huy A.lly s('(uralll-'S discussed The )nfOlmnilOn W.IL\on & Co, Inc lind Its officer.'!, (H mlly WN- 916 1/ I

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