Managing Your Money : INVESTING : Naming Names : Successful portfolio managers recommend some favorite stocks : Norman L. Yu : <i> President, Norman L. Yu & Co., Newport Beach </i>
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Although Yu likes to hold on to his investments for many years, he warns against buying stock and then forgetting about it. “Even if you intend to hold for a long time, you have to watch every stock every day,” he says.
Yu’s picks include Cisco Systems, computer software, up to $62 per share; Federal National Mortgage, residential mortgage buyer, up to $70; Home Depot, home improvement warehouse, up to $59; Microsoft Corp., up to $91; Philip Morris, up to $80; Nike, athletic shoes, up to $82; Student Loan Marketing, a maker of government-backed loans to students, up to $75, and U.S. Health Care, health maintenance organization, up to $51.
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