If you’re not familiar with Eddy Elfenbein and http://www.crossingwallstreet.com, you should be. Eddy thinks like us and it looks like his “Buy List” of stock selections is well on track to beat the market for the 8th time in the last nine years!
This excerpt is from his Thursday update (blog … go ahead, subscribe for FREE) and we’ll rake these around the holiday coals … same thing we do every year, Pinky. See: CWS Market Review for 12/4/2015
Ten Possible Additions for Next Year’s Buy List
For next year’s Buy List, I’m going to add five new stocks. Here are ten stocks I’m strongly considering for next year’s Buy List:
- Alliance Data Systems (ADS)
- Cerner (CERN)
- Church & Dwight (CHD)
- FactSet Research Systems (FDS)
- F5 Networks (FFIV)
- Footlocker (FL)
- HEICO (HEI)
- Sherwin-Williams (SHW)
- VF Corp. (VFC)
- Zimmer Biomet (ZBH)
I still haven’t finalized my decision, but I wanted you to know some names that are under serious consideration.
We start with a snapshot of the dashboard for the ten nominees and the value of $100 invested five years ago — so we can see which stocks have been “naughty” and which ones have been “nice” for the last few years.
Eddy Elfenbein’s short list for 2016 Buy List additions as of 12/4/2015.
This dashboard is public and is available to view at:
https://www.manifestinvesting.com/dashboards/public/cws-buy-candidates-2016
Collectively, these ten candidates have been smokin’ hot with an annualized total return of 22.3% (vs. 13.5% for the S&P 500, VFINX). The only exception has been F5 Networks (FFIV) — checking in at a loss for the trailing five years.
The Long and Short of the CWS Shopping List
Note: The price targets from Goldman Sachs (GS) are from public releases and represent a partial sample. The price target is logged as of the most recent public analyst report. Although every effort is made to keep this information as current as possible, some of the ratings may not reflect more recent research and updates. Some of the older Goldman Sachs estimates (>6-9 months) have been adjusted using more recent price targets from Merrill Lynch, JP Morgan, Morgan Stanley etc.
If you were Eddy, which stocks would you select for your 2016 Buy List?
Do you have another stock or candidates that you feel are more worthy?
Bring it.
Expecting Alpha 
I usually go with PAR first and Quality 2nd, and in this case the Manifest rank seems to confirm. For my new money I like ADS, FFIV, CERN, ZBH, & VFC. But I have quite a few higher PAR, similar quality stocks, I’d have to hunt for stocks to upgrade.
[…] The kind folks over at Expecting Alpha took a closer look at our 2016 shopping list. […]
[…] this with Eddy Elfenbein’s Buy List efforts and our recent Gone Shopping With Eddy analysis of his 2016 selections (due out in a few days — we will let you know). We don’t know […]