Dow Flirts with 12,500, Gets Number, Never Calls

Yawn. Talk about light volume, not a trader is stirring. The market is down again today after coming oh-so-close to breaking the elusive 12.5K barrier on Wednesday.
Walgreen (WAG) is up on an impressive earnings report. I like WAG a lot. It’s a great company, but I think the shares are a bit pricey here. The stock pulled back earlier this year, and it seems to have bounced off $40. Ideally, I’d like to see it go lower before I’d be interested.
I strongly considered adding Progressive (PGR) to the Buy List, but in the end, I went with WR Berkley (BER). I’m happy with my choice, but make no mistake, Progressive is another great company. But I’m not so positive on the company’s outlook for this year. Either way, this is one to keep an eye on.
In case you missed it, here’s my Buy List for 2007:
AFLAC (AFL)
Amphenol (APH)
Bed Bath & Beyond (BBBY)
Biomet (BMET)
Donaldson (DCI)
Danaher (DHR)
FactSet Research Systems (FDS)
Fair Isaac (FIC)
Fiserv (FISV)
Graco (GGG)
Harley-Davidson (HOG)
Jos. A Bank Clothiers (JOSB)
Medtronic (MDT)
Nicholas Financial (NICK)
Respironics (RESP)
SEI Investments (SEIC)
Sysco (SYY)
UnitedHealth Group (UNH)
Varian Medical Systems (VAR)
WR Berkley (BER)
I’ll start tracking these stocks on the first day of trading of 2007.

Posted by on December 22nd, 2006 at 10:51 am


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.