Crossing Wall Street Stock Picks (2012)

Eddy Elfenbein produces an excellent blog at Crossing Wall Street For the past six years, Eddy has selected a set of stocks with the objective of outperforming the S&P 500 over the course of the ensuing year.

For 5-of-the-last-6 years, he’s been successful — reaching an 83% outperformance accuracy that is rarely matched. As 2012 winds down, Eddy appears to be headed for another market-drubbing performance (vs. the S&P 500.)

6-out-of-7 (6-1 85.7% winning percentage) is exceptional — the kind of result that makes any investor drool. We’ll keep our fingers crossed, Eddy!

2012 Scorecard (YTD)

Harris Corp (HRS), Wright Express (WXS), Hudson City Bank (HCBK), JP Morgan (JPM) and Fiserv (FISV) all turned in superior results. Eddy recently expressed frustration with Joseph A. Banks (JOSB) — along with many of us — so we’d be surprised to see JOSB among Eddy’s 2013 selections.

We’ll stay tuned for Eddy’s 2013 picks and you can read his commentaries on the 2012 buy list here:

http://www.crossingwallstreet.com/buylist

2013 Shopping Suggestions

We’d recommend that the hunt include high-quality companies with high return forecasts and here are some companies that merit consideration. Eddy will retain some of the 2012 “20” but it’d be no surprise to see some of these candidates attract his interest because his selection emphasis is very similar to what we look for.

3 thoughts on “Crossing Wall Street Stock Picks (2012)

  1. Eddy released his 2013 selections on the winter solstice. The five new stocks are Cognizant Technology Solutions ($CTSH), FactSet Research Systems ($FDS), Microsoft ($MSFT), Ross Stores ($ROST) and Wells Fargo ($WFC). Eddy will have more to say about the new buys in upcoming blog posts. We’ll release a tracking dashboard on 12/31/2012.

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