Alec Walsh
c, portfolio manager of Harding Loevner Global Equity Fund (HLMGX). It had annualized returns of 1.7% during the 10 years through February 28, better than 74% of world stock funds, according to Morningstar, Inc.
Medco Health Solutions, Inc. (MHS). This company manages pharmaceutical benefits for employers. The company makes bulk purchases for clients, achieving substantial cost savings. Sales are predicted to grow as demand increases for generics and mail-order pharmacy services. Recent share price: $43.24.
Praxair, Inc. (PX). This firm supplies industrial gases—such as oxygen, hydrogen, carbon dioxide and specialty gases like helium and argon—to refineries, mills, factories, hospitals and the food industry. The business is relatively stable because the company signs 20-year contracts with clients. Recent share price: $65.28.