Monday, November 24, 2008

A Bloodbath Out There

I did a screen in Finviz, a great site that you should check out if you don't know about it, and only 11 stocks out of the S & P 500 are up year to date through the close on November 21. They are:

Family Dollar Stores (FDO)- Up 34.21%
Rohm and Haas (ROH)- 34.18%
UST Inc (UST)- 29.8%
Barr Pharmaceuticals (BRL)- 21.62%
Amgen (AMGN)- 18.22%
General Mills (GIS)- 16.62%
Walmart (WMT)- 12.79%
Hudson City Bancorp (HCBK)- 12.01%
Campbell Soup (CPB)- 3.48%
Celgene (CLGN) - 2.79%
People's United Financial (PBCT) - 1.63%

Surprisingly, two banks are on the list. There are three biotech/pharm companies, and a few staples. Rohm and Haas is being bought by Dow Chemical, which explains its resilient performance. UST is also being purchased by Altria.

Hudson City Bancorp turned down the government investment via the Capital Purchase Plan, and People's United Financial just replaced Unisys two weeks ago.

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