My Watch List

Here’s my latest Watch List. This is my unofficial list of high-quality stocks I like to follow. If a stock is on this list, then there’s a very good chance that it’s in the upper 5% of well-run companies on Wall Street. This is the elite.

I’m often asked how I go about selecting the stocks for my Buy List. It’s actually very simple. I have this Watch List of stocks and if one of them falls down to a very attractive price, then it becomes a contender for the new Buy List. I like to think of the Watch List as the minor leagues for the Buy List. Strong prospects earn their way up the ladder.

The Watch List is very informal. Unlike the Buy List, I’m constantly adding and deleting names. In fact, I have a bad habit of letting the Watch List grow too large. I often find myself adding three names for every one I delete. To be honest, the current list is too large. Ideally, I like to keep the Watch List below 100 names.

Company Ticker
AbbVie Inc. ABBV
Accenture plc ACN
Adobe Inc. ADBE
Automatic Data Processing ADP
AMETEK, Inc. AME
Amgen Inc. AMGN
American Tower Corporation AMT
ANSYS, Inc. ANSS
Air Products and Chemicals APD
Amphenol Corporation APH
Atrion Corporation ATRI
American Water Works AWK
AutoZone, Inc. AZO
Balchem Corporation BCPC
Becton, Dickinson and Company BDX
Brown-Forman Corporation BF-B
Biogen Inc. BIIB
Booking Holdings Inc. BKNG
Bristol-Myers Squibb Company BMY
Cass Information Systems, Inc. CASS
CDW Corporation CDW
Church & Dwight Co., Inc. CHD
Chemed Corporation CHE
Check Point Software Technologies CHKP
Colgate-Palmolive Company CL
The Clorox Company CLX
The Cooper Companies, Inc. COO
Costco Wholesale Corporation COST
Copart, Inc. CPRT
Salesforce, Inc. CRM
Constellation Software Inc. CSU.TO
Cintas Corporation CTAS
CVS Health Corporation CVS
Donaldson Company, Inc. DCI
Dollar General Corporation DG
Ecolab Inc. ECL
The Estée Lauder Companies EL
EPAM Systems, Inc. EPAM
Edwards Lifesciences Corporation EW
Expeditors International of Washington EXPD
Exponent, Inc. EXPO
Fastenal Company FAST
F5, Inc. FFIV
General Dynamics Corporation GD
General Mills, Inc. GIS
Globe Life Inc. GL
Gentex Corporation GNTX
Alphabet Inc. GOOG
Graphic Packaging Holding GPK
Global Payments Inc. GPN
W.W. Grainger, Inc. GWW
Hingham Institution for Savings HIFS
Huntington Ingalls Industries, Inc. HII
Henry Schein, Inc. HSIC
IDEXX Laboratories, Inc. IDXX
IDEX Corporation IEX
International Flavors & Fragrances IFF
IQVIA Holdings Inc. IQV
Intuitive Surgical, Inc. ISRG
Gartner, Inc. IT
J.B. Hunt Transport Services, Inc. JBHT
J&J Snack Foods Corp. JJSF
Jack Henry & Associates, Inc. JKHY
Johnson & Johnson JNJ
Kellogg Company K
Kimberly-Clark Corporation KMB
Lancaster Colony Corporation LANC
Laboratory Corporation of America LH
Eli Lilly and Company LLY
Lockheed Martin Corporation LMT
Mastercard Incorporated MA
Masimo Corporation MASI
McKesson Corporation MCK
Medtronic plc MDT
McCormick & Company MKC
Mesa Laboratories, Inc. MLAB
Marsh & McLennan Companies MMC
3M Company MMM
Altria Group, Inc. MO
MSCI Inc. MSCI
Microsoft Corporation MSFT
Mettler-Toledo International Inc. MTD
Nasdaq, Inc. NDAQ
Neogen Corporation NEOG
NIKE, Inc. NKE
Northrop Grumman Corporation NOC
ServiceNow, Inc. NOW
Novo Nordisk A/S NVO
Old Dominion Freight Line, Inc. ODFL
Oracle Corporation ORCL
O’Reilly Automotive, Inc. ORLY
Paycom Software, Inc. PAYC
Paychex, Inc. PAYX
Prosperity Bancshares, Inc. PB
PepsiCo, Inc. PEP
Polaris Inc. PII
Pool Corporation POOL
PayPal Holdings, Inc. PYPL
Reynolds Consumer Products REYN
ResMed Inc. RMD
Rollins, Inc. ROL
Roper Technologies, Inc. ROP
Ross Stores, Inc. ROST
RPM International Inc. RPM
Raytheon Technologies RTX
Starbucks Corporation SBUX
SEI Investments Company SEIC
The Sherwin-Williams SHW
Simulations Plus, Inc. SLP
S&P Global Inc. SPGI
STERIS plc STE
Constellation Brands, Inc. STZ
TransDigm Group Incorporated TDG
Teleflex Incorporated TFX
The TJX Companies, Inc. TJX
Tractor Supply Company TSCO
Trane Technologies plc TT
The Toro Company TTC
The Trade Desk, Inc. TTD
Texas Roadhouse, Inc. TXRH
Tyler Technologies, Inc. TYL
Universal Health Services, Inc. UHS
Ulta Beauty, Inc. ULTA
UnitedHealth Group UNH
United States Lime & Minerals USLM
Visa Inc. V
Veeva Systems Inc. VEEV
Verisk Analytics, Inc. VRSK
VeriSign, Inc. VRSN
Waters Corporation WAT
WD-40 Company WDFC
Winmark Corporation WINA
Waste Management, Inc. WM
Watsco, Inc. WSO
Wolverine World Wide, Inc. WWW
Zimmer Biomet Holdings ZBH
Zoetis Inc. ZTS

Posted by on January 23rd, 2023 at 3:27 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.