BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Making the Barron's Respect List - BIG TIME!]]>http://www.bloggingstocks.com/2006/09/12/making-the-barrons-respect-list-big-time/http://www.bloggingstocks.com/2006/09/12/making-the-barrons-respect-list-big-time/http://www.bloggingstocks.com/2006/09/12/making-the-barrons-respect-list-big-time/#commentsFiled under: , , , , , , ,

Almost 60 days have passed since I posted Scary market -- any safe stocks? and Still scary market -- more SAFE HAVENS.

Interestingly five of these eight companies made the top 20 (actually top 17) on Barron's list of most repected companies based on capitalzation in the current issue of Barron's (subscription required). The other three are not large enough to make the poll. Even more interesting GE, PG & BRK are three of the top five. Is it possible these Wall Street money managers have been reading my stories?... Naw -- and I certainly have not been talking to them.

Tracking these companies stock prices after only 60 days does not really test the validity of my comments or the strength of these companies. However, it is important as an excercise and for accountability since I have been writing for the BloggingStocks.com site. Since posting the share prices five have moved up and three have gone down. I have not changed my mind about any of these companies or their stocks during this period. They are listed in the order I mentioned them in my earlier posts.

Berkshire Hathaway (BRK-B) closed Monday (9/11/06) at $3,206 up (+7%) from $2,995.

Washington Mutual (WM) closed Monday (9/11/06) at $42.08 down (-8.1%) from $45.50.

Southern Company (SO) closed Monday (9/11/06) at $34.12 up (+5%) from $32.50.

Wal-Mart (WMT) closed Monday (9/11/06) at $47.49 up (+9.7%) from $43.30.

United Parcel Service (UPS) closed Monday (9/11/06) at $70.95 down (-10.5%)from $78.40..

Anheuser-Busch (BUD) closed Monday (9/11/06) at $47.30 up (+4.3%) from $45.50.

Proctor & Gamble (PG) closed Monday (9/11/06) at $61.92 up (11.2%) from $55.70.

Petro China (PTR) closed Monday (9/11/06) at $104.06 down (-6.6%) from $110.90.

After 60 days there has been an average gain of 1.2%. During this same time the S&P 500 advanced from 1270.25 to 1299.54 for a 2.3% gain. Clearly investors would have better off owning the index over this period of time. As a group are they safe to own, yes -- best performance, no. The recent downturn in oil prices affected the value of PTR. The weak housing market is weighing on Washinton Mutual. Not changing a thing. "See" you in 30 days.

Disclosure: I own shares in BRK, WM, SO, UPS, and PTR. If I am wrong I will feel the pain.

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Sheldon Liber is the CEO of a small private investment company and the vice president for Design and Research of an Architecture & Planning firm.

Making the Barron's Respect List - BIG TIME! originally appeared on BloggingStocks on Tue, 12 Sep 2006 17:24:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Anheuser-BuschBarron'sBerkshire HathawayBerkshireHathawayBRK.ABRK.BBUDPetro-ChinaPGProctor and GambleProctorAndGamblePTRSafe StocksSafeStocksSheldon LiberSheldonLiberSOSouthern CompanySouthernCompanyUnited Parcel ServiceUnitedParcelServiceUPSWal-MartWashington MutualWashingtonMutualWMWMTTue, 12 Sep 2006 17:24:00 EST