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As we end a year in which the major indices are all up over 20%, 2014 approaches with little chance of repeating that same performance. The market is at all time highs, but with only modest growth in the economy how far can multiple expansion take us? I'm not one to predict market movement, but it looks to me as if 2014 will not offer outsized gains. So what does this mean for investors? This will be a year in which stock pickers thrive.

As 2014 begins, I will be formulating theses on my 3 top picks for next year; my top Small-Cap, Mid-Cap, and Large-Cap stocks. These picks will be companies that are growing sales consistently, but are undervalued...

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