The 2023 Buy List

Here are the 25 stocks for the 2023 Buy List. It’s locked and sealed, and I can’t make any changes for 12 months.

For tracking purposes, I assume the Buy List is a $1 million portfolio that’s equally divided among 25 stocks. Below are all 25 positions with the number of shares for each and the closing price for 2022. Whenever I discuss how the Buy List is doing, the list below is what I’m referring to.

Company Ticker Price Balance Shares
Abbott Laboratories ABT $109.79 $40,000.00 364.331906
Aflac AFL $71.94 $40,000.00 556.018905
AmerisourceBergen ABC $165.71 $40,000.00 241.385553
Broadridge Financial Solutions BR $134.13 $40,000.00 298.218147
Carrier Global CARR $41.25 $40,000.00 969.696970
Celanese CE $102.24 $40,000.00 391.236307
Danaher DHR $265.42 $40,000.00 150.704544
FactSet Research Systems FDS $401.21 $40,000.00 99.698412
FICO FICO $598.58 $40,000.00 66.824819
Fiserv FISV $101.07 $40,000.00 395.765311
HEICO HEI $153.64 $40,000.00 260.348867
Hershey HSY $231.57 $40,000.00 172.733947
Intercontinental Exchange ICE $102.59 $40,000.00 389.901550
Intuit INTU $389.22 $40,000.00 102.769642
Middleby MIDD $133.90 $40,000.00 298.730396
Miller Industries MLR $26.66 $40,000.00 1,500.375094
Moody’s MCO $278.62 $40,000.00 143.564712
Otis Worldwide OTIS $78.31 $40,000.00 510.790448
Polaris PII $101.00 $40,000.00 396.039604
Science Applications International SAIC $110.93 $40,000.00 360.587758
Silgan Holdings SLGN $51.84 $40,000.00 771.604938
Stepan SCL $106.46 $40,000.00 375.727973
Stryker SYK $244.49 $40,000.00 163.605873
Thermo Fisher Scientific TMO $550.69 $40,000.00 72.636147
Trex TREX $42.33 $40,000.00 944.956296
Total $1,000,000.00

Here are the five new buys with their starting Buy Below prices:

AmerisourceBergen ($180)
Celanese ($110)
Intuit ($410)
Middleby ($140)
Polaris ($110)

The five sells are:

Church & Dwight
Reynolds Consumer Products
Ross Stores
Sherwin-Williams
Zoetis

Here are the corporate descriptions of our five new stocks:

AmerisourceBergen fosters a positive impact on the health of people and communities around the world by advancing the development and delivery of pharmaceuticals and healthcare products. As a leading global healthcare company, with a foundation in pharmaceutical distribution and solutions for manufacturers, pharmacies and providers, we create unparalleled access, efficiency and reliability for human and animal health. Our approximately 44,000 global team members power our purpose: We are united in our responsibility to create healthier futures. AmerisourceBergen is ranked #10 on the Fortune 500 with more than $200 billion in annual revenue.

Celanese Corporation is a global chemical leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Our businesses use the full breadth of Celanese’s global chemistry, technology and commercial expertise to create value for our customers, employees, shareholders and the corporation. As we partner with our customers to solve their most critical business needs, we strive to make a positive impact on our communities and the world through The Celanese Foundation. Based in Dallas, Celanese employs approximately 13,000 employees worldwide and had 2021 net sales of $8.5 billion.

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.

The Middleby Corporation is a global leader in the foodservice industry. The company develops and manufactures a broad line of solutions used in commercial foodservice, food processing, and residential kitchens. Supporting the company’s pursuit of the most sophisticated innovation, the state-of-the-art Middleby Innovation Kitchens showcases and demonstrates the most advanced Middleby solutions. In 2022 Middleby was named a World’s Best Employer by Forbes and is a proud philanthropic partner to organizations addressing food insecurity.

As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris’ high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe.

In terms of market value, Thermo Fisher (TMO) is our biggest stock at $216 billion. Danaher (DHR) and Abbott Labs (ABT) are both near $190 billion. Thirteen of the 25 stocks have market values between $10 billion and $70 million.

Miller Industries (MLR) is our smallest stock. Stepan (SCL) is our second smallest, and it’s about eight times larger than Miller.

Posted by on December 31st, 2022 at 9:06 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.