Best Bets Among The Bush Stocks
Thirty-six days after the election, we finally have certainty as to who will be the forty-third president of the United States.
The group of stocks that have become known as “Bush Stocks†have been
accumulated ahead of last night’s U.S. Supreme Court ruling, many of which
may be fully priced. The sectors or particular stocks that are part of that
group include: Drug stocks, Health Management Organizations,
Defense stocks, Energy and Tobacco stocks, along with Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating).
I thought it would be valuable to look at the leading stock in each sector and
where applicable, its more attractively priced competitor. Here is that list:
Â
|
Group
|
Lead
|
Most
|
|
Drugs
|
Merck
|
Eli Lilly
|
|
Healthcare
|
Healthcare
|
Province
|
|
Defense
|
General Dynamic
|
Lockheed
|
|
Energy
|
BP Amoco
|
Halliburton
|
Â
Additionally, I have included our volatility index list, as so many of you
have e-mailed us asking for the matrix. It will be posted and updated on our
site every five minutes, beginning just after Christmas.
Â
|
Symbol
|
Description
|
Index
|
|
BHH
|
B2B HOLDRs
|
115.67
|
|
HHH
|
Internet HOLDRs
|
96.68
|
|
SOX
|
Semiconductor Index
|
89.40
|
|
SMH
|
Semiconductor HOLDRs
|
86.13
|
|
BBH
|
Biotech HOLDRs
|
79.79
|
|
BDH
|
Broadband HOLDRs
|
73.23
|
|
QQQ
|
NASDAQ-100 Tracking Stock
|
68.83
|
|
NDX
|
NASDAQ-100 Index
|
67.44
|
|
MNX
|
Mini NASDAQ-100
|
66.69
|
|
OSX
|
Oil Service Index
|
62.56
|
|
RUT
|
Russell 2000 Index
|
38.19
|
|
BKX
|
Banking Index
|
37.81
|
|
OEX
|
Standard &
|
26.56
|
|
SPX
|
Standard &
|
24.84
|
|
DJX
|
Dow Jones Industrial
|
22.98 |
Until tomorrow.