We started this review with 25 stocks of companies noted for their quality of management and how successful they have been at nurturing new leaders as presented in Fortune magazine. After running them through a serious screening process using universally agreed upon key metrics, the list has been reduced to six candidates for potential investment.

I will reiterate that there is no imperative to invest in any of them even if they might be among the best opportunities from a select list. While I think all of the original companies listed and stocks screened are well regarded that does not mean now is the right time to invest.

Regardless of the outcome of this process, and since price and timing are critical, it would be smart to create a stock watch-list with the inclusion of all six of these companies.

Most astute market watchers have known for a long time that the package delivery companies Federal Express (NYSE: FDX) and United Parcel (NYSE: UPS) are good barometers for the overall economy. When business slows down or speeds up they feel it immediately as the package count shrinks and rises.

Both stocks have lost ground the past two days with the overall market and possibly because of the slowly rising oil prices now back up to $60 a barrel.

In the face of less than stellar April national retail sales, Limited Brands (NYSE: LTD) managed to hold its position fairly well. It reported a small reduction in same store sales for April which looks pretty good when compared to the 16% reduction reported by Gap Inc. (NYSE: GPS). For the four week period ending May 5, 2007, Limited Brands total sales fell 1 percent. Compare that to the year to year figures, which show that for the thirteen weeks ending May 5, Limited Brands same-store sales grew 4% and net sales grew 11% to $2.31 billion, from $2.07 billion last year. That ain't all bad, bunkie.

What does the future hold for middle to upscale retail? Much depends on two major factors. While fuel prices will have their chilling affects on consumer confidence and spending, those costs will also translate into a significant negative pull on profits all around. We may not begin to fully realize the damaging effects of rising fuel prices until mid June or so when the dynamics of the summer travel season come into full view. Suffice it to say that fuel prices are the biggest player right now in the game of consumer spending. I'm sure that's not breaking news to you.

The other significant factor which will color the canvas of retail catalog sales from here on out is the massive change in rate structure now being entertained by the United States Postal Service. Never in our lifetime has such a tremendous and far reaching postal rate hike been levied upon us in one single policy change. Companies which derive major revenue flow from catalog sales will surely be feeling the pinch and will be required to raise prices to compensate. I can't honestly say if the new higher postal rates are wrong, but I can say that they'll hurt a lot. I'd be tempted to go long on United Parcel Service (NYSE: UPS) and FedEx (NYSE: FDX) right about now. Let us also not forget Kevin Shult's blog post regarding the significance of DHL.

These four companies are on my watch list and I love them all. There are plenty of reasons to love my Dubya's; WD-40 (WDFC), Washington Mutual (WM), Wells Fargo Bank (WFC), and Wrigley (WWY) and I would be delighted to own them all...that is if Warren does not beat me to them.

They all pay higher than average dividends, have little or no debt, long illustrious histories, proven successful management, profitability, clear understandable businesses, and much more. I currently own Washington Mutual in my Roth IRA. Warren Buffett owns Wells Fargo and it has been reported he may be buying more. WD-40 and Wrigley are exactly the type of companies that Buffett would buy out in their entirety at the right price.

It is important to have a watch list because companies like these are not often on sale. Like Mr. Buffett I always want to buy at bargain prices. It is possible to make money buying them when they are not on sale but why not have the margin of safety (an important Benjamin Graham concept); there is no rush. Some of the companies/stocks I purchased in the last year were not available at bargain prices for many years prior. PATIENCE, PATIENCE--I watched Federal Express, UPS and Starbucks sadly wanting in but not having the right opportunity.