International and value stocks are poised to do well in the coming year, while growth stocks will continue this year's flat path. This is according to Columbia Management's 2007 Outlook webcast last week.

The long-term outlook on international stocks is positive for a few reasons, said Fred Copper, head of international equity sales at the Boston-based investment management arm of Bank of America. The global gross domestic product (GDP) rate is slowing, but the rate is still above trend and at a sustainable, robust level, he said.

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