Here’s my 2011 Buy List. For tracking purposes, I assume it’s a $1,000,000 portfolio and each position is worth $50,000. Here’s each stock, ticker, starting price and number of shares. This is what I’m referring to when I discuss how well the Buy List is doing.
|Company||Ticker||Dec. 31 Price||Number of Shares|
|Becton, Dickinson & Co.||BDX||$84.52||591.5760|
|Bed Bath & Beyond||BBBY||$49.15||1,017.2940|
|Ford Motor Company||F||$16.79||2,977.9631|
|Johnson & Johnson||JNJ||$61.85||808.4074|
|Jos. A. Bank Clothiers||JOSB||$40.32||1,240.0794|
The average market value of the Buy List is $41.7 billion. The biggest is Johnson & Johnson (JNJ) at $170 billion. JPMorgan (JPM) and Oracle (ORCL) aren’t far behind at $166 billion and $158 billion respectively. The smallest by far is Nicholas Financial (NICK) at $168 million. The second smallest is Jos. A. Banks (JOSB) which is more than nine times larger.
The average forward P/E Ratio is 11.5 which is about 13% less than the S&P 500. Twelve of the 20 stocks pay a dividend. The average yield of the dividend payers is close to 2.6%. Spread over 20 stocks, the Buy List yields 1.54%.
That’s it. The list is now “lock and sealed,” and I can’t touch it until next year.
Disclosure: Author holds a position in all of the mentioned companies.