Buy List First-Half Summary

The first half of the year is on the books. Our Buy List managed a small gain of 1.99% compared with the S&P 500’s gain of 6.05%. Including dividends, our Buy List is up 2.70% while the S&P 500 is up 7.14%.

The second quarter was rough for our Buy List. We beat the market in Q1, but during Q2, the Buy List had a small loss of 0.09% while the S&P 500 gained 4.69% (not including dividends). Our “beta” this year is 0.9958.

What’s interesting is that we can see an old lesson with our Buy List this year. The big duds are weighing us down much more than the winners are helping us.

Nine of our 20 stocks are beating the market, and a tenth is very close. Most of our stocks are doing just fine, but it’s the big losers that are causing the most harm. Bed Bath & Beyond is down 28.5% which is more than twice as much as our second biggest loser. All by itself, our BBBY position knocks off 1.6% to our YTD gain.

Here’s our stock-by-stock first-half performance (sans dividends):

Stock Symbol Gain/Loss
DirecTV DTV 23.10%
Wells Fargo WFC 15.77%
Stryker SYK 12.22%
Ford Motor F 11.73%
Microsoft MSFT 11.47%
Medtronic MDT 11.10%
Moog MOG-A 7.29%
CR Bard BCR 6.77%
Qualcomm QCOM 6.67%
Oracle ORCL 5.93%
McDonald’s MCD 3.82%
Fiserv FISV 2.15%
Express Scripts ESRX -1.30%
Cognizant Tech. CTSH -3.13%
IBM IBM -3.36%
AFLAC AFL -6.81%
eBay EBAY -8.77%
Ross Stores ROST -11.74%
CA Technologies CA -14.59%
Bed Bath & Beyond BBBY -28.54%

Posted by on June 30th, 2014 at 5:20 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.