The 2011 Buy List

Here’s my 2011 Buy List. For tracking purposes, I assume it’s a $1,000,000 portfolio and that each position is worth $50,000. When I discuss how well the Buy List is doing, I’m referring to this list. Here’s each stock, ticker, starting price and number of shares:

Company Ticker Dec. 31 Price Number of Shares
Abbott Laboratories ABT $47.91 1,043.6235
AFLAC AFL $56.43 886.0535
Becton, Dickinson & Co. BDX $84.52 591.5760
Bed Bath & Beyond BBBY $49.15 1,017.2940
Deluxe Corp. DLX $23.02 2,172.0243
Fiserv FISV $58.56 853.8251
Ford Motor Company F $16.79 2,977.9631
Gilead Sciences GILD $36.24 1,379.6909
Johnson & Johnson JNJ $61.85 808.4074
Jos. A. Bank Clothiers JOSB $40.32 1,240.0794
JPMorgan Chase JPM $42.42 1,178.6893
Leucadia National LUK $29.18 1,713.5024
Medtronic MDT $37.09 1,348.0723
Moog MOG-A $39.80 1,256.2814
Nicholas Financial NICK $10.24 4,882.8125
Oracle ORCL $31.30 1,597.4441
Reynolds American RAI $32.62 1,532.8020
Stryker SYK $53.70 931.0987
Sysco SYY $29.40 1,700.6803
Wright Express WXS $46.00 1,086.9565

The five new stocks are Abbott Laboratories (ABT), Deluxe Corp. (DLX), Ford (F), Oracle (ORCL) and JPMorgan Chase (JPM).

The five 2010 Buy List stocks I’m deleting for this year are Baxter International (BAX), Eaton Vance (EV), Eli Lilly (LLY), Intel (INTC) and SEI Investments (SEIC).

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 than NICK.

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%.

Only five stocks have remained on the Buy List for all five years: AFLAC (AFL), Bed Bath & Beyond (BBBY), Fiserv (FISV), Medtronic (MDT) and Sysco (SYY).

That’s it. The list is now “locked and sealed” and I can’t touch it until next year.

Posted by on December 31st, 2010 at 9:11 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.