In This Issue:
• Stamps and Stocks - We think the Fed will continue to fight inflation, and history suggests that stocks will rise faster than consumer prices.
• In the Limelight
• STARS Status - Changes in S&P analysts' STARS rankings for May 9 through May 13.
• Master List Change
• Some Tech Stocks We Favor - Appraised here are five of our picks from the information technology sector.
• Investment Rankings of STARS Issues
• Understanding Annuities - Investors must take a close look before buying these complex offerings.
• Watts Water for Steady Profit Stream - This maker of valves and other products used in plumbing, heating, and water-quality systems is positioned for strong growth, in our opinion.
• Master List Stocks Update
• Core stocks for long-term capital appreciation
• S&P's Platinum Portfolio - This portfolio of stocks is picked on the basis of S&P's STARS ranking system and our quantitative fair value method.

Some of the Companies Featured:
Automatic Data Processing
Church & Dwight
Cognos Inc.
Domino's Pizza
Emulex Corp.
Ingersoll-Rand Co.
Microchip Technology Inc.
Oracle Corp.
Pitney Bowes
Research In Motion Ltd.
Sysco Corp.
Yahoo Inc.

S&P Information Products

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S&P Industry Surveys
S&P Industry Stock Reports
The Outlook
Search Engine Survey
Pocket Guides
Power Picks

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Standard & Poor's is one of the world's preeminent providers of credit ratings, and for such globally recognized financial-market indices as the S&P 500®. S&P also provides a wide range of other products and services designed to help individuals and institutions around the world make better-informed financial decisions with greater confidence.