There is an interesting report from research team by at American Technology Research called "Our Best Dozen Fundamental Picks" as earnings season is upon us.   The research firm famous that investors already expect a catastrophe in the earnings reports and the current trade climate isn’t as not good as what investors are expecting.  While the firm believes that many companies will guide expectations lower or will be very cautious, that is their list of companies it expects to outperform peers.  We have included some very brief commentary from AmTech in its calls, and the two of their picks from large cap traditional companies are Fluor Corporation (NYSE: FLR) and Lockheed Martin Corporation (NYSE: LMT).

Fluor Corporation (NYSE: FLR) has been hit tough of late, but the firm
famous "Record Backlog Provides Cushion and LT Visibility for E&C
Leader"

• well-positioned to continue to grow its backlog and deliver continued
  strong margin and earnings momentum, and now offers value-oriented
  investors an opportunity to participate in a secular growth theme….
  
  believe the stock is now pricing in a meaningful slow-down in the
  cycle, which we
• are not expecting assuming credit conditions improve by the next few months.

Lockheed Martin Corporation (NYSE: LMT) has "Years
of Growth Ahead on JSF and Recapitalization of Military Assets"

• well-positioned to benefit from a domestic recapitalization for
  fighters, tactical airlift and special operations, while worldly
  sales support baseline top-line growth rates beyond 2010… we think
  LMT is among the strongest fundamental stories in our coverage.

These comments are out of American Technology Research and are only
partial quotes from in-depth research reports which we have chosen to
break out individually by industries. You can plus see AmTech’s calls in TECHNOLOGY and in ALTERNATIVE ENERGY.

Jon C. Ogg
October 13, 2008