Lighting and health care could give shares of Philips a boost

Koninklijke Philips Electronics (PHG), commonly known as Philips, is in the catbird seat regarding more-efficient lighting, which is a major reason why I'm reiterating my buy rating for the company, first recommended on June 2, 2009, at a price of $20.30. If you bought Philips in June, you're up an impressive 45%.

Philips is restructuring three business units to lower costs, but the key value-adders here are two businesses -- lighting and health care equipment -- both will benefit from substantial, favorable, global trends.