In this Issue: •Where's the Growth?: We don't see much upside potential from current levels for stocks this year. •Intelligencer: Headlines, Highlights, and What's on Our Minds •The Observatory •Rising & Falling Stars •The Mid-Year PowerPicks Portfolio 2007: S&P equity analysts have assembled a diversified portfolio of stocks that they think will significantly outperform the S&P 500 index over the next 12 months. •High Energy Stocks: Standard & Poor's Equity Strategy recommends a market weighting to the energy sector. Here are S&P's five-STARS picks. •Housing Pain: Housing slump hits wood products market. •Water ETF's Make A Splash •Master List Changes: Standard & Poor's Portfolio Committee made changes to the High-Quality Capital Appreciation Portfolio and the Small/Mid-Cap Growth Portfolio. •Johnson & Johnson Jumps Ahead: Growth in consumer products should help offset challenges in the medical device and pharmaceutical businesses. •Industry Momentum Portfolio: This Standard & Poor's portfolio identifies industries with the potential for above-average price performance. Some of the Companies featured:
Altria
AMERICAN EXPRESS
Analog Devices
BOSTON BEER
Centex
Compuware
McDonald's
Noble
SanDisk
SCHLUMBERGER
Superior Energy Services
SWIFT ENERGY | 
