The Daily Workshop
Report
by Robert Sheard
(TMF Sheard)
LEXINGTON, KY. (Sept. 8, 1997)
Scroll to the bottom for year-to-date Growth and Value Screen results.
A lot of readers are following along with Ethan Haskell's ([email protected]) alternative to the Dow Approach, Beating the S&P (BSP). Essentially, BSP applies the Dow Approach techniques (high-yield, low-price rankings) to large-cap stocks not included in the Dow Jones Industrial Average.
Dr. Haskell uses annual rankings published by a print magazine <choke, gasp> to help generate his list of stocks, narrowing the field by eliminating utilities and stocks that would create over-weighting in any one industry.
But with the technology in our hands these days, there's no need to rely on those out-of-date print rags (heh, heh). So as a service to all of Ethan's followers, I'll post a new list of the top 100 stocks by market capitalization occasionally. One note I should point out: BERKSHIRE HATHAWAY <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: BRK.A and BRK.B)") else Response.Write("(NYSE: BRK.A and BRK.B)") end if %> is a hard one to pin down. Value Line lists its market cap as quite a bit lower than other resources. So you make the call on "Investing with Warren." This is the list as I get it from the Value Line database. Happy hunting.
Included in the list are the following: market capitalization (in millions), company name, ticker symbol, and Value Line industry group.
219,785 Gen'l Electric GE ELECEQ
163,647 Microsoft Corp. MSFT SOFTWARE
159,224 Exxon Corp. XON OILINTEG
153,071 Intel Corp. INTC SEMICOND
146,263 Coca-Cola KO BEVERAGE
115,808 Merck & Co. MRK DRUG
110,398 Philip Morris MO TOBACCO
102,854 Int'l Business Mach. IBM COMPUTER
92,884 Procter & Gamble PG HOUSEPRD
86,090 Wal-Mart Stores WMT RETAIL
77,490 Bristol-Myers Squibb BMY DRUG
77,167 Johnson & Johnson JNJ MEDSUPPL
73,761 Pfizer Inc. PFE DRUG
71,901 Du Pont DD CHEMICAL
69,414 Amer. Int'l Group AIG INSDIVRS
65,153 Hewlett-Packard HWP COMPUTER
64,687 AT&T Corp. T TELESERV
61,216 Citicorp CCI BANK
59,630 Mobil Corp. MOB OILINTEG
58,594 Lilly (Eli) LLY DRUG
57,951 Bell Atlantic Corp. BEL TELESERV
57,492 PepsiCo Inc. PEP BEVERAGE
53,716 Disney (Walt) DIS ENTRTAIN
52,400 Chevron Corp. CHV OILINTEG
51,901 Ford Motor F AUTO
51,640 Cisco Systems CSCO COMPUTER
51,581 SBC Communications SBC TELESERV
51,474 Lucent Technologies LU TELEQUIP
49,953 BankAmerica Corp. BAC BANK
49,228 Chase Manhattan Corp. CMB BANK
48,806 Fannie Mae FNM THRIFT
48,490 Abbott Labs. ABT MEDSUPPL
48,119 Amer. Home Products AHP DRUG
47,841 Amoco Corp. AN OILINTEG
47,574 Gen'l Motors GM AUTO
47,393 Gillette G COSMETIC
46,181 Compaq Computer CPQ COMPUTER
44,913 BellSouth Corp. BLS TELESERV
44,798 Motorola Inc. MOT SEMICOND
43,450 GTE Corp. GTE TELESERV
43,436 Travelers Group TRV FINANCL
42,568 NationsBank Corp. NB BANK
39,908 Boeing BA DEFENSE
38,451 Minnesota Mining MMM CHEMDIV
38,273 Schlumberger Ltd. SLB OILFIELD
37,863 Amer. Express AXP FINANCL
37,724 Oracle Corp. ORCL SOFTWARE
36,866 Home Depot HD BUILDSUP
36,266 Schering-Plough SGP DRUG
35,112 Warner-Lambert WLA DRUG
34,970 Ameritech Corp. AIT TELESERV
33,456 Allstate Corp. ALL INSPRPTY
32,336 McDonald's Corp. MCD RESTRNT
31,429 Texaco Inc. TX OILINTEG
29,045 Morgan S. Dean Witter MWD FINANCL
28,827 Dell Computer DELL COMPUTER
28,584 WorldCom Inc. WCOM TELESERV
27,620 First Union Corp. FTU BANK
26,654 Kimberly-Clark KMB HOUSEPRD
26,624 Time Warner TWX ENTRTAIN
25,463 Xerox Corp. XRX OFFICE
25,136 Atlantic Richfield ARC OILINTEG
25,073 Emerson Electric EMR ELECEQ
25,069 NYNEX Corp. NYN TELESERV
24,773 Monsanto MTC CHEMICAL
24,764 AlliedSignal Inc. ALD DIVERSIF
24,645 Computer Associates CA SOFTWARE
24,593 Chrysler C AUTO
23,717 Freddie Mac FRE THRIFT
23,594 Banc One Corp. ONE BANKMID
23,447 First Chicago NBD FCN BANKMID
23,204 Wells Fargo & Co. WFC BANK
22,932 Texas Instruments TXN SEMICOND
22,785 Eastman Kodak EK INSTRMNT
22,679 Caterpillar Inc. CAT MACHINE
22,319 Campbell Soup CPB FOODPROC
22,254 Norwest Corp. NOB BANKMID
22,224 Sears Roebuck S RETAIL
22,047 Anheuser-Busch BUD ALCO-BEV
22,037 Columbia/HCA Healthcare COL MEDSERV
21,677 Medtronic Inc. MDT MEDSUPPL
21,167 Merrill Lynch & Co. MER BROKERS
20,764 Dow Chemical DOW CHEMICAL
20,737 Lockheed Martin LMT DEFENSE
20,660 Tyco Int'l Ltd. TYC DIVERSIF
20,588 Morgan (J.P.) & Co JPM BANK
19,873 Sara Lee Corp. SLE FOODPROC
19,662 Kellogg K FOODPROC
19,625 MCI Communications MCIC TELESERV
19,556 Colgate-Palmolive CL HOUSEPRD
19,246 United Technologies UTX DIVERSIF
18,674 Sun Microsystems SUNW COMPUTER
18,268 Electronic Data Sys. EDS SOFTWARE
18,177 Applied Materials AMAT SEMI-EQP
18,060 First Data Corp. FDC SOFTWARE
17,997 U.S. Bancorp USB BANKMID
17,986 AirTouch Communic. ATI TELESERV
17,858 Duke Energy DUK UTILEAST
17,781 Bank of New York BK BANK
17,643 Pharmacia & Upjohn PNU DRUG
Monthly Growth Screens (Jan. 3 to present) 78.54% Relative Strength 34.13% Investing for Growth 24.49% S&P 500 Index 22.89% EPS Plus RS 20.34% Low Price/Sales 19.71% YPEG Potential 19.30% Unemotional Growth 13.64% Formula 90 Annual Value Screens (Jan. 1 to present) 24.18% Dogs of the Dow 21.51% Dow Jones Ind Avg 19.45% Beating the S&P 19.34% Dow Combo 18.13% Unemotional Value 18.13% Beating the Dow 11.03% Foolish Four