The 2013 Buy List

The wait is over. Ladies and gentlemen, here’s the 2013 Crossing Wall Street Buy List:


Bed Bath & Beyond ($BBBY)

CA Technologies ($CA)

Cognizant Technology Solutions ($CTSH)

CR Bard ($BCR)

DirecTV ($DTV)

FactSet Research Systems ($FDS)

Fiserv ($FISV)

Ford ($F)

Harris Corporation ($HRS)

JPMorgan Chase ($JPM)

Medtronic ($MDT)

Microsoft ($MSFT)

Moog ($MOG-A)

Nicholas Financial ($NICK)

Oracle ($ORCL)

Ross Stores ($ROST)

Stryker ($SYK)

Wells Fargo ($WFC)

WEX Inc. ($WXS)

There are five new stocks and five stocks that I’m removing. The five new stocks are Cognizant Technology Solutions ($CTSH), FactSet Research Systems ($FDS), Microsoft ($MSFT), Ross Stores ($ROST) and Wells Fargo ($WFC). Cognizant and FactSet are both returning members of the Buy List.

The five stocks I’m removing are Hudson City Bancorp ($HCBK), Johnson & Johnson ($JNJ), JoS. A Bank Clothiers ($JOSB), Reynolds American ($RAI) and Sysco ($SYY). I don’t necessarily consider the stocks I’m removing to be Sells.

Note that we’re turning over just one-fourth of our Buy List. You don’t have to go madly in and out of stocks to beat the market.

For tracking purposes, I assume the Buy List is a $1 million portfolio that’s equally divided into 20 positions of $50,000 each. The “initial price” will be the closing price on December 31, 2012. The market will be closed on New Year’s Day, and the new list will take effect once trading starts on Wednesday, January 2nd.

As usual, this list is locked and sealed, and I can’t make any changes for the next 12 months. I may have to make adjustments along the way for any buyouts or mergers that may occur. If I do, I’ll be sure to explain exactly what’s happening.

I’ll also periodically adjust my Buy Below prices. Please note that these aren’t “price targets.” They’re guidance for optimal entry prices. The reason we do this is so no one chases after one of our stocks and gets a lousy price.

Posted by on December 21st, 2012 at 1:39 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.