BERWYN, Pa., August 13, 2008 – U-S-A! U-S-A! It’s a chant we’re likely to hear regularly this month as American athletes compete at the Summer Olympic Games in Beijing. Turner Investment Partners is echoing that chant because, for the first time in this decade, the firm believes that the U.S. stock market is primed to outperform the global stock market over the next several quarters. That’s the conclusion of the latest Flash! commentary by Bob Turner, chairman and chief investment officer of Turner Investment Partners.

The commentary, entitled For stocks, it’s USA all the way, notes that "for the year-to-date, the U.S. stock market, despite its negative results, is beating nearly all of its counterparts in the developed world – the United Kingdom, France, Germany, Japan, Australia. And it’s doing better than previously red-hot stock markets of emerging nations such as China, Singapore, Hong Kong, and India."

The piece lists several catalysts that may drive U.S. stocks higher over the next several quarters: a U.S. economy that could be close to a bottom for this cycle; below-average U.S. stock valuations; generally positive corporate earnings (excluding financials, S&P 500 companies are expected to report growth in earnings per share of 11.4% for 2008 and 13.5% in 2009, according to Merrill Lynch); a continued drop in oil prices that could help expand U.S. shares’ price/earnings multiples; and a stronger dollar that could boost foreign investors’ returns in U.S. stocks.

In Turner’s judgment, the following companies offer both attractive values and good prospective earnings power in the near term: Wal-Mart Stores, Google, McDonald's, Coca-Cola, PepsiCo, Procter & Gamble, Goldman Sachs Group, Charles Schwab, Baxter International, Gilead Sciences, Monsanto, Mosaic, Applied Materials, Deere, Caterpillar, Microsoft, IBM, General Electric, Cisco Systems, and Qualcomm.

Please click here a free copy of this August 4 Flash! commentary in its entirety, or call 484-329-2439.