And that's his style, picking stocks that post big growth. The day of Nortel's official meltdown Mr. Webb was still behind the company, saying it had lost a bit of its momentum but was much cheaper and still a buy. For those that want exposure to electronic component manufacturer Celestica Inc., Mr. Webb suggests Onex Corp. , Celestica's controlling shareholder. General Electric Co. of Fairfield, Conn., is another pick, though at first it doesn't seem to be that much of an offensive play. But Mr. Webb says GE's acquisition of Honeywell International Inc. will add significantly to the top and bottom lines quickly.
Numbers go higher, stocks go higher.
There is no OPEC in gas. I expect prices to remain high. There is no extra supply, and demand is very high. Mr. Webb's final choice is Britain's Shire Pharmaceuticals Group PLC , a generic drug manufacturer. In the next five years, a number of drugs, including Prozac, go off patent, and Shire is one of many trying to take advantage of the trend.