In this Issue:
• A Shift in Emphasis - The market's advance in the face of adversity so far in July makes us more optimistic that growth sectors will improve in coming months.
• In the Limelight
• STARS Status - Changes in S&P analysts' STARS rankings for July 11 through July 15.
• Five-STARS Stocks That Are on a Roll - We looked for top-ranked stocks that have been beating the market by a wide margin since the beginning of the year.
• Three Recent Upgrades - S&P analysts believe these stocks will outperform the market over the coming 12 months.
• Master List Stocks Update - Our three supervised Master List groups of stocks, recommended as core holdings for long-term investors, are regularly featured on these two pages. Group 1, highlighted this week, consists of mainly large-cap stocks.
• When to Sell a Stock - Deciding when to remove a holding from your portfolio is just as important as knowing when to add one.

Some of the Companies Featured:
Alltel
Altria Group Inc.
Anheuser-Busch Cos.
Casella Waste Systems Inc.
Colgate-Palmolive
Covance Inc.
Finish Line Inc.
Fortune Brands Inc.
Genentech
Korn/Ferry International
Mcdonald's Corp.
Pepsico
Sigma-Aldrich Corp.
Simon Property Group
Time Warner
Valero Energy Corp.
Wal-Mart Stores Inc.
XM Satellite Radio

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