CWS Market Review – December 25, 2020

I hope you’re having a wonderful Christmas. Here are the 25 stocks for the 2021 Crossing Wall Street Buy List:

Abbott Laboratories (ABT)
AFLAC (AFL)
Ansys (ANSS)
Broadridge Financial Solutions (BR)
Cerner (CERN)
Check Point Software Technologies (CHKP)
Church & Dwight (CHD)
Danaher (DHR)
Disney (DIS)
FactSet Research Systems (FDS)
Fiserv (FISV)
HEICO (HEI)
Hershey (HSY)
Intercontinental Exchange (ICE)
Middleby (MIDD)
Miller Industries (MLR)
Moody’s (MCO)
Ross Stores (ROST)
Sherwin-Williams (SHW)
Silgan (SLGN)
Stepan (SCL)
Stryker (SYK)
Thermo Fisher Scientific (TMO)
Trex (TREX)
Zoetis (ZTS)

The five new stocks are Abbott Laboratories (ABT), HEICO (HEI), Miller Industries (MLR), Thermo Fisher Scientific (TMO) and Zoetis (ZTS).

Briefly, Abbott Labs is a diversified healthcare giant. HEICO is a former Buy List member. The company makes replacement airplane parts. Miller has a great niche business. They make and sell towing and recovery equipment. If a car or truck needs to be hauled out of something and then hauled away somewhere, odds are Miller’s got a vehicle that can do it. Thermo Fisher makes all the stuff researchers need for lab work. Zoetis is a major player in animal health.

I’ll have more details on the new buys in upcoming issues.

The five sells are Becton, Dickinson (BDX), Eagle Bancorp (EGBN), Globe Life (GL), Hormel Foods (HRL) and RPM International (RPM).

To recap, I assume the Buy List is equally weighted among the 25 stocks. The buy price for each stock will be the closing price on Tuesday, December 31, 2020. The new Buy List goes into effect on Monday, January 4, 2021, the first day of trading of the new year.

I’ll send you another email on January 1 with all the performance details for 2020 and the rebalancing numbers for 2021.

If you’re a shareholder of the AdvisorShares Focused Equity ETF (CWS), all portfolio changes are made automatically. Also, at the end of the year, all the positions are rebalanced automatically.

I also wanted to touch on FactSet’s (FDS) earnings report, which came out on Monday. For its fiscal Q1, FactSet earned $2.88 per share. That beat Wall Street’s estimate of $2.75 per share. Overall, it was a solid quarter for FactSet. For the coming year (ending in August), FactSet sees earnings ranging between $10.75 and $11.15 per share. You can see more details on the blog.

Happy Holidays! – Eddy

Posted by on December 25th, 2020 at 2:00 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.