Author: Ticker Magazine
123jump.com
Last Update: 8:29 AM EDT July 19 2007

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John C. Thompson		“If a company is trading at one standard deviation below its historic average, by definition, there is an 84% probability of multiple expansion. It is the combination of that expansion and the growth of the company that drives our performance.”
		Thompson Plumb Growth Fund

To appear on the radar of the Thompson Plumb Growth Fund, a company has to display consistent growth, solid fundamentals, and attractive valuation. Above all, it has to be well established in an industry with sustainable -- not cyclical -- trends, and high barriers to entry. Despite the underperformance of his style in recent years, the manager John C. Thompson sticks to the quality large-cap growth stocks in expectation of an inflection point.