My Watch List

Here’s my latest Watch List. This is my unofficial list of high-quality stocks I like to follow. If a stock is on this list, then there’s a very good chance that it’s in the upper 5% of well-run companies on Wall Street. This is the elite.

I’m often asked how I go about selecting the stocks for my Buy List. It’s actually very simple. I have this Watch List of stocks and if one of them falls down to a very attractive price, then it becomes a contender for the new Buy List. I like to think of the Watch List as the minor leagues for the Buy List. Strong prospects earn their way up the ladder.

The Watch List is very informal. Unlike the Buy List, I’m constantly adding and deleting names. In fact, I have a bad habit of letting the Watch List grow too large. I often find myself adding three names for every one I delete. Ideally, I like to keep the Watch List below 100 names.

AbbVie (ABBV)
AmerisourceBergen (ABC)
Adobe (ADBE)
Automatic Data Processing (ADP)
AMETEK (AME)
American Tower (AMT)
Anthem (ANTM)
Amphenol (APH)
Atrion (ATRI)
AutoZone (AZO)
Boeing (BA)
Balchem (BCPC)
Brown-Forman (BF-B)
Biogen Inc. (BIIB)
Booking Holdings (BKNG)
Celanese (CE)
Colgate-Palmolive (CL)
Clorox (CLX)
The Cooper Companies, Inc. (COO)
Costco Wholesale Corporation (COST)
Copart, Inc. (CPRT)
salesforce.com, inc. (CRM)
Cintas Corporation (CTAS)
CVS Health Corporation (CVS)
Ecolab Inc. (ECL)
The Estée Lauder Companies Inc. (EL)
Edwards Lifesciences Corporation (EW)
Expeditors International of Washington, Inc. (EXPD)
Exponent, Inc. (EXPO)
Fastenal Company (FAST)
F5 Networks, Inc. (FFIV)
Fair Isaac Corporation (FICO)
General Dynamics Corporation (GD)
General Mills, Inc. (GIS)
Gentex Corporation (GNTX)
Alphabet Inc. (GOOG)
Global Payments Inc. (GPN)
Hingham Institution for Savings (HIFS)
Huntington Ingalls Industries, Inc. (HII)
Henry Schein, Inc. (HSIC)
IDEXX Laboratories, Inc. (IDXX)
IDEX Corporation (IEX)
International Flavors & Fragrances Inc. (IFF)
Intuit Inc. (INTU)
Intuitive Surgical, Inc. (ISRG)
Gartner, Inc. (IT)
J.B. Hunt Transport Services, Inc. (JBHT)
J & J Snack Foods Corp. (JJSF)
Jack Henry & Associates, Inc. (JKHY)
Johnson & Johnson (JNJ)
Kellogg Company (K)
Kimberly-Clark Corporation (KMB)
Lockheed Martin Corporation (LMT)
Mastercard Incorporated (MA)
Masimo Corporation (MASI)
Medtronic plc (MDT)
McCormick & Company, Incorporated (MKC)
Mesa Laboratories, Inc. (MLAB)
3M Company (MMM)
Altria Group, Inc. (MO)
Microsoft Corporation (MSFT)
Mettler-Toledo International Inc. (MTD)
Neogen Corporation (NEOG)
NIKE, Inc. (NKE)
Northrop Grumman Corporation (NOC)
ServiceNow, Inc. (NOW)
Novo Nordisk A/S (NVO)
Old Dominion Freight Line, Inc. (ODFL)
Oracle Corporation (ORCL)
O’Reilly Automotive, Inc. (ORLY)
Paycom Software, Inc. (PAYC)
Paychex, Inc. (PAYX)
Prosperity Bancshares, Inc. (PB)
PayPal Holdings, Inc. (PYPL)
ResMed Inc. (RMD)
Rollins, Inc. (ROL)
Roper Technologies, Inc. (ROP)
Raytheon Technologies Corporation (RTX)
Starbucks Corporation (SBUX)
SEI Investments Company (SEIC)
Simulations Plus, Inc. (SLP)
S&P Global Inc. (SPGI)
Constellation Brands, Inc. (STZ)
TransDigm Group Incorporated (TDG)
The TJX Companies, Inc. (TJX)
Tractor Supply Company (TSCO)
The Toro Company (TTC)
The Trade Desk, Inc. (TTD)
Texas Roadhouse, Inc. (TXRH)
Tyler Technologies, Inc. (TYL)
Universal Health Services, Inc. (UHS)
UnitedHealth Group Incorporated (UNH)
United States Lime & Minerals, Inc. (USLM)
Visa Inc. (V)
Veeva Systems Inc. (VEEV)
Verisk Analytics, Inc. (VRSK)
VeriSign, Inc. (VRSN)
Waters Corporation (WAT)
WD-40 Company (WDFC)
Winmark Corporation (WINA)
Waste Management, Inc. (WM)
Watsco, Inc.(WSO)
Wolverine World Wide, Inc. (WWW)
Zimmer Biomet Holdings, Inc. (ZBH)

Posted by on May 18th, 2021 at 3:30 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.