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I apologize for being a little late with this, but without further ado...here’s the Crossing Wall Street Buy List for 2008. (Woo!)

AFLAC (AFL)
Amphenol (APH)
Bed Bath & Beyond (BBBY)
Clarcor (CLC)
Donaldson (DCI)
Danaher (DHR)
FactSet Research Systems (FDS)
Fiserv (FISV)
Harley-Davidson (HOG)
Jos. A Bank Clothiers (JOSB)
Leucadia National (LUK)
Lincare (LNCR)
Medtronic (MDT)
Nicholas Financial (NICK)
Respironics (RESP)
SEI Investments (SEIC)
Stryker (SYK)
Sysco (SYY)
UnitedHealth Group (UNH)
WR Berkley (BER)

Looks familiar? It should, I’m only making a few changes. Once again, I have 20 stocks. Out are Biomet (BMET), Fair Isaac (FIC), Graco (GGG) and Varian Medical Systems (VAR). Biomet was bought out earlier this year.

The four new stocks are:

Clarcor (CLC)
Leucadia National (LUK)
Lincare (LNCR)
Stryker (SYK)

I’ll begin tracking the new list on January 2, 2008, the first day of trading of the new year. The rules state that I'm not allowed to make any changes to the Buy List throughout the year.

My purpose is to show investors that by buying and holding a well-diversified portfolio of high-quality stocks, you can do well in the market. For the Buy List, my self-imposed rule is to make changes just once a year. You'll also notice that I don't make many changes. Last year, I added five new stocks. This year, I added just four.

Last year, the Buy List made 10.68%. Including dividends, it was 11.43%. Through yesterday's close, this year's Buy List is up just 1.68%. So even though I lost to the market slightly last year, and I'm barely behind this year, I still like most of stocks on my list.

As usual, you can assume that I own any of the stocks on the Buy List. I won't buy any of the new names until the new year.

Posted by edelfenbein at December 20, 2007 6:51 AM