First-Quarter Summary

Overall, our Buy List had a good first quarter. The 20 stocks were up an average of 3.40% compared with 3.73% for the S&P 500.
Here’s how our stocks did:

Company Ticker Return
Expeditors International EXPD 27.97%
Danaher DHR 13.93%
Varian Medical Systems VAR 11.56%
SEI Investments SEIC 9.54%
Brown & Brown BRO 8.71%
FactSet Research Systems FDS 7.75%
Donaldson DCI 6.26%
Bed Bath & Beyond BBBY 6.22%
Respironics RESP 4.96%
Home Depot HD 4.50%
Sysco SYY 3.22%
Golden West Financial GDW 2.88%
Harley-Davidson HDI 0.76%
Dell DELL -0.63%
Fiserv FISV -1.66%
AFLAC AFL -2.78%
Biomet BMET -2.87%
UnitedHealth Group UNH -10.11%
Fair Isaac FIC -10.30%
Medtronic MDT -11.85%

I’m surprised to see Expeditors do so well. Perhaps the biggest surprise is that Medtronic and UnitedHealth are near the back of the pack.
What really defines the Buy List this year is that it doesn’t have any energy stocks. Energy was the best-performing sector in the first quarter, and that was mainly due to a big surge in January. I still think it’s the right to decision to steer clear of this sector. If energy prices take a big fall, those stocks will be very vulnerable.

Posted by on April 1st, 2006 at 8:15 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.