The Buy List’s Ugly Spring

I like to tout my Buy List when it does well, so I feel obligated to acknowledge when we don’t do well—and we haven’t been so hot lately. We’re still barely positive for the year and ahead of the market, but our lead has shrunk since April 16. Since then, the S&P 500 has dropped by -8.43% while our Buy List is off by -11.38% (not including dividends).
Make no mistake, I haven’t altered my strategy and I’m still committed to our stocks. I’m merely pointing out that the market hasn’t done well and are stocks are feeling the brunt of the pain. Some of this is probably because higher-quality stocks fared well during more turbulent times. Through Friday, our Buy List is up 0.18% compared with a loss of 2.11% for the S&P 500. That’s still a lead of 229 basis points but the lead was at 615 basis points on April 16.
Here’s how each stock has done since April 16:

Symbol Gain/Loss
SYY 4.17%
JOSB -1.05%
BBBY -1.96%
RAI -3.32%
NICK -6.43%
LLY -7.85%
WXS -9.30%
JNJ -10.09%
BDX -10.36%
FISV -10.38%
SEIC -10.68%
SYK -11.62%
EV -12.95%
INTC -13.71%
MOG-A -13.92%
MDT -15.08%
LUK -21.19%
AFL -21.37%
GILD -24.44%
BAX -29.93%

Posted by on June 14th, 2010 at 10:47 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.