Black Enterprise Stock Picks Collectively Outperform S&P 500

Expert selections make gains for first half of 2009

0722_INV_stockpicks2

I’m happy to report that investors who’ve heeded the advise of Black Enterprise’s stock-picking experts for the first half of 2009 are experiencing higher gains than they would have if they’d invested in a fund that tracks the S&P 500 Index. In 2009’s first six issues of Black Enterprise magazine (which appeared in subscriber’s mailboxes between Dec. 12, 2008 and May 22, 2009), six financial experts touted 18 stocks (three each) as part of the magazine’s  “Stock Picks” feature. The entire group of stocks posted a total return of 9.13% through mid-July (measuring from the time of publication for each pick), compared with the S&P 500’s gain of 6.78% over the same period.

Of the experts who participated in Stock Picks ending with the June issue, Morningstar analyst Daniel Holland (featured in January) selected the best-performing basket of stocks, suggesting that readers look at industrial companies Watsco Inc., Emerson Electric, and Thomas & Betts. Those companies’ shares jumped a collective 24.24% through mid-July.

It’s no easy feat choosing winners in this environment, as I’m sure Ted Parrish, principal and director of investments at The Henssler Financial Group, can attest. For our June 2009 issue, Parrish picked three stocks (General Electric, iShares Dow Jones, and Stryker Corp.) that have, thus far, been the worst-performing group-of-three. They were down a total of 2.9% by mid-July. It’s important to remember, however, that BE’s Stock Picks are meant to be relatively long-term investment plays. So, keep watching.

ACROSS THE WEB
  • Pingback: Black Enterprise Stock Picks Collectively Outperform S&P 500 | BlackNewsTribune.com

  • WALTER WEBB

    THERE ARE A NUMBER OF COMPANIES WHO DESERVE TO BE IN BLACK ENTERPRISE’S TO LIST FOR 2012. ONE IS GROUPON (GRPN). IT HAS TAKEN COUPONING TO ANOTHER LEVEL AND IS ONE OF THE REASONS WILL HAVE THE REALITY COUPON TELEVISION SHOW. ANOTHER IS GENERAL ELECTRIC REAL ESTATE (GEIRX). THIS IS REAL ESTATE THAT BRINGS GOOD THINGS TO LIFE. AND IT HAS COMPETITION COMING FROM GLOBAL DIVIDEND REAL ESTATE I N G (IGR) WHICH PRIDES ITSELF ON AN ANNUAL BIG DIVIDEND TO SUPPLEMENT THEIR REGULAR ONES.
    FOR ALL THE WANNABEE BLACK ENTERPRISE STUDENTS THERE IS AMERICAN CAMPUS COMMUNITY (ACC) REAL ESTATE. HBCU SCHOOLS ACROSS THE NATION ARE TAKING ADVANTAGE OF THIS REAL ESTATE IN EDUCATION AND INVESTMENTS. WHICH LEADS US TO MASTERCARD (MA), VISA (V), AND DISCOVER FINANCIAL (DFS), WHO OFFER CREDIT TO THE GLOBAL FINANCIAL AND EDUCATION MARKETS. THE ARTS HAVE LONG BEEN A POPULAR CULTURAL AWARDS FOR BE’S HARD WORK. AND THAT’S WHY SOTHEBYS ART AND SOTHEBYS INTERNATIONAL REAL ESTATE (BID) REPRESENT A GOOD INVESTMENT FOR THE CULTURED TASTED INDIVIDUAL. REAL ESTATE CAN ALSO BE INVESTED BY ACQUIRING APOLLO INVESTMENT CORPORATION (AIVN) WHO OWNS REALOGY / CENTURY 21 REAL ESTATE. OTHER CULTURED INVESTMENTS WILL BE FOUND IN THE LIKES OF CHIRSTIE’S AUCTION PARENT PPR (PPRUF). THE ALSO OWNER OF THE HIGHEST OF FASHION DEPARTMENT STORES WHICH RIVALS MACYS (M)),
    LOUIE VUITTON (LVMUY), SAKS (SKS), AND HERMES (HESAF) DEPARTMENT STORES.
    IN THE AUTO WORLD PARENT FIAT (FIATY) IS PLANNING A IPO FOR IT FERRARI UNIT. THIS BRINGS COMPETITION TO THE LUXURY SPORTS CAR WORLD. VOLKSWAGEN (VLKAF) HAS LAMBORGHINI AND MAY QUIET POSSIBLE FALL BEHIND AFTER FERRARI’S IPO. OTHER CONSUMATES INCLUDE BMW (BAMOF), BENZ (DDIF). AUDI LUXURY UNIT WILL FALL UNDER VOLKSWAGEN. AND THEY WILL ALL COMPETE AGAINST AMERICA’S GIANT FORD MOTORS (F). YOU CAN EXPECT MORE COMPETTION FROM ASIA’S TOYOTA (TY), INDIA’S TATA MOTORS (TTM), AND FRANCE’S PEUGEOT (PEUGY).
    ELECTRONIC WHICH GIVES US SO MUCH DATA AND RESEARCH WILL MAKE DATA STORAGE POPULAR. IN THE AREA, 2012 NUMBER ONE PICK SHOULD BE EMC CORPORATION (EMC). THEY CAN SUPPLY ARCHIVE STORAGE FOR THE LIKES OF AMERICA’S MICROSOFT (MSFT), ASIA’S LENOVA (LNVGY), AND FINLANDS NOKIA (NOK) COMPUTER AND MOBILE USES.
    FAMILY INVESTMENTS IN THE NEW YEAR INCLUDE THE INNER CHILD RESORT OF DISNEY (DIS) AND NATIONAL GEOGRAPHIC’S DISCOVERY CHANNEL DISCOVERY COMMUNICATIONS (DISCA) WHO GIVE THEM ANOTHER OUTLET FROM CHUCK-E-CHEESE (CEC) ENTERTAINMENT.
    TRAVEL IN 2012 SHOULD BE A BUSY YEAR. AIRLINES AND AIRPORTS WILL BE CROWDED. SOUTHWEST AIRLINES (LUV) SHOULD BE VERY POPULAR. ESPECIALLY DURING BE’S ANNUAL GOLF & TENNIS EVENT IN CARLSBAD AND MIAMI. DON’T LET THIS EVENT FOOL YOU, THERE IS A SERIOUS JOB FAIR NETWORK ON THE AGENDA. ANOTHER AIRLINE IS DELTA (DAL) WHICH FEATURES PEPSI (PEP) AS ONE OF ITS PREFERRED SOFTDRINKS. OTHERS INCLUDE JETBLUE (JBLU) WITH ITS EUROPEAN ALLIANCE WITH LUFTSTANSFA (DLAKY). THIS SHOULD BRING IN BIG BUSINESS FOR AMERICA’S BOEING (BA) AND EUROPE’S AIRBUS (EADSF).