DEBORAH MARCHINI, CNN ANCHOR: My featured guest this morning is Bernadette Murphy, market analyst at Kimelman & Baird. We were talking a moment ago about energy companies having come down in price, which makes them relatively good attractive bargains. Among the ones you like is AES -- why?</s>BERNADETTE MURPHY, KIMELMAN & BAIRD: Well most people buy energy stocks when energy prices are going up, but AES builds power plants, and the energy shortage is global. AES has a wonderful portfolio of power plants all around the world that it's been building. It's very well managed. It has a very good earnings record. And the stock is sold out -- and it's into support. It's not going to be a runaway, but I think it's a good buying opportunity.</s>MARCHINI: See any other bargains outside the energy sector?</s>MURPHY: Well, I do. I think that health care has been beaten down because of concerns about Congress and what are they going to do, and this is true of some of the drug stocks. I think American Home Products is a good buy here. Johnson & Johnson is overbought, but it's pulling back right now, and I think that's going to create a buying opportunity there.</s>MARCHINI: All right, so watch it. Bernadette Murphy, thanks a lot.</s>MURPHY: My pleasure. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Kimelman & Baird's Bernadette Murphy Notes Good Investments in Health Care