Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
spacer About Buy List FAQ Contact Links Home
spacer

« "Cramer" on WallStrip | Main | CEO Tells Truth, Apologizes »

December 22, 2006 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 edelfenbein at December 22, 2006 10:51 AM

spacer
bottom of page image