Fossil Group, Inc.
Transcription
Fossil Group, Inc.
DigiCover_Apr14__Apr14_C1 3/3/14 12:23 PM Page C1 STOCK TO STUDY: Fossil Group, Inc. — Keeping Time With Fashion (p. 21) April 2014 VOL. 63, NO. 7 www.betterinvesting.org 35_37 Cvr Story_Apr14_35_36_37 2/24/14 12:20 PM Page 35 Cover Story | FEATURE NOT FOR REPRINT Our annual Top 100 Survey of Investment Clubs is presented on the following pages. The Top 100 companies are listed on pages 36 and 37, while the Second 100 listing is on page 38. An alphabetical index of the Top 200 Companies is on page 39. Big Movers on the Top 200 List ▼ G rocery store chain Whole Foods, long a part of many BetterInvesting member portfolios, saw a resurgence this year by shooting up 110 spots in this year’s list. 3D Systems also attracted a lot of new investments (for more perspective on 3D Systems, see p. 43). Club portfolios increased to an average of $134,500 from $119,600 the year before, according to myICLUB.com figures.The average holding period for stocks also grew to 1,087 days from 994.9 a year ago. Need more ideas? Check the growth screen on page 41. Companies are mentioned in this article only for educational purposes. No investment recommendations are intended. We thank myICLUB.com for the holdings data. Places Moved Company Movement From 2013 to 2014 UP 110 Whole Foods 182 to 72 103 3D Systems 138 to 35 60 National Oilwell Varco 92 to 60 28 LKQ 67 to 39 27 Berkshire Hathaway 47 to 20 22 Qualcomm 33 to 11 19 ResMed 102 to 83 16 Gilead Sciences 91 to 75 12 Cognizant Technology Solutions 40 to 28 8 Amazon.com 51 to 43 Some of the companies making the most significant upward movements in the BetterInvesting Top 200 from 2013 to 2014. Club holding information is from myICLUB.com. April 2014 | BetterInvesting | 35 35_37 Cvr Story_Apr14_35_36_37 2/24/14 12:13 PM Page 36 FEATURE | Cover Story Companies * * * * * * * * Apple Inc. General Electric Company Johnson & Johnson Ford Motor Company McDonald’s Corporation Microsoft Corporation PepsiCo, Inc. Procter & Gamble Company, The Exxon Mobil Corporation Intel Corporation Qualcomm Incorporated Aflac Incorporated Home Depot, Inc., The Costco Wholesale Corporation Caterpillar Inc. Starbucks Corporation Google Inc. Cisco Systems, Inc. Disney (Walt) Company, The Berkshire Hathaway Inc. (B) Stryker Corporation Oracle Corporation AT&T Inc. Coca-Cola Company, The Wal-Mart Stores, Inc. Verizon Communications Inc. Pfizer Inc. Cognizant Technology Solutions Corp. Walgreen Co. Wells Fargo & Company Express Scripts, Inc. Coach, Inc. Visa Inc. Bio-Reference Laboratories, Inc. 3D Systems Corporation AbbVie Inc. Facebook, Inc. Abbott Laboratories LKQ Corporation Target Corporation CSX Corporation CVS Caremark Corp Amazon.com, Inc. Chevron Corporation Fastenal Company Deere & Company Mondelez International, Inc. Lowe’s Companies, Inc. 3M Company Corning Incorporated 36 Ticker Rank by # of Clubs Holding Number of Clubs Holding Stock Rank by Total Shares Held Number of Shares Held by Members Rank by Total Value of Shares Held Total Value of Shares Held by Members on 12-31-13 AAPL GE JNJ F MCD MSFT PEP PG XOM INTC QCOM AFL HD COST CAT SBUX GOOG CSCO DIS BRK.B SYK ORCL T KO WMT VZ PFE CTSH WAG WFC ESRX COH V BRLI DDD ABBV FB ABT LKQ TGT CSX CVS AMZN CVX FAST DE MDLZ LOW MMM GLW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 1,561 1,084 929 804 686 684 683 660 654 611 604 591 561 543 539 536 535 533 530 488 481 464 449 435 426 414 403 400 396 384 381 374 371 370 351 349 345 340 328 324 308 284 275 273 269 264 263 259 253 240 29 1 10 2 21 5 15 20 11 3 18 4 22 40 38 24 98 7 31 33 26 8 13 17 41 30 16 36 37 19 28 50 62 14 46 34 51 39 12 52 25 43 96 35 23 58 45 44 78 6 142,407 678,161 255,228 616,051 176,968 430,184 190,935 181,881 234,446 547,962 185,186 434,669 169,129 115,195 115,235 157,521 19,985 276,821 139,189 129,738 153,226 263,079 203,720 189,769 109,681 139,659 190,605 124,141 121,829 182,055 142,864 83,780 61,987 196,953 86,906 129,097 81,813 115,199 220,050 77,248 154,018 95,776 23,814 128,096 165,992 67,103 90,065 92,097 47,592 425,124 1 6 4 25 7 8 10 12 3 13 16 2 14 17 22 19 5 46 21 11 20 23 35 31 27 37 48 18 36 28 24 58 15 53 29 39 63 65 34 56 64 38 26 9 30 47 77 61 42 32 $79,893,197 19,008,840 23,376,336 9,505,672 17,171,183 16,093,199 15,836,121 14,806,949 23,725,949 14,225,106 13,750,034 29,035,877 13,926,098 13,710,482 10,464,469 12,348,042 22,397,661 6,209,106 10,634,052 15,381,722 11,513,382 10,065,389 7,162,791 7,839,339 8,630,783 6,862,832 5,838,223 12,535,757 6,997,875 8,265,318 10,034,768 4,702,545 13,803,280 5,030,171 8,076,210 6,817,605 4,471,079 4,415,574 7,239,646 4,887,497 4,431,102 6,854,699 9,496,679 16,000,513 7,886,273 6,128,475 3,179,309 4,563,407 6,674,822 7,575,732 NOT FOR REPRINT | BetterInvesting | April 2014 Companies in bold are new to the Top 100 listing this year. MDLZ, ABBV and PSX are spinoffs. * Advanced five positions or more in rank since last year. 35_37 Cvr Story_Apr14_35_36_37 2/24/14 12:13 PM Page 37 Cover Story Shown on these two pages are the most popular and widely held stocks among investment clubs and their members nationwide as of late 2013. Companies * * * * * * Yum! Brands, Inc. Kraft Foods Group, Inc. Schlumberger Limited Bed Bath & Beyond Inc. Bank of America Corporation EMC Corporation ConocoPhillips Altria Group, Inc. Boeing Company, The National Oilwell Varco, Inc. Medtronic, Inc. FactSet Research Systems Inc. TJX Companies, Inc., The Philip Morris International, Inc. Danaher Corporation Teva Pharmaceutical Industries Limited Citigroup Inc. Merck & Co., Inc. BP p.l.c. Harley-Davidson, Inc. International Business Machines Corp. Whole Foods Market, Inc. Amgen Inc. Johnson Controls, Inc. Gilead Sciences, Inc. eBay Inc. Phillips 66 Celgene Corporation United Technologies Corporation United Parcel Service, Inc. JP Morgan Chase & Co. Dollar Tree Stores, Inc. ResMed Inc. Sysco Corporation Union Pacific Corporation Emerson Electric Co. Robinson (C.H.) Worldwide, Inc. Sirius XM Radio Inc. UnitedHealth Group Incorporated Paychex, Inc. General Mills, Inc. Panera Bread Company Colgate-Palmolive Company Nike, Inc. Waste Management, Inc. FedEx Corporation Baidu.com, Inc. Cummins Inc. O’Reilly Automotive, Inc Fiserv, Inc. Ticker YUM KRFT SLB BBBY BAC EMC COP MO BA NOV MDT FDS TJX PM DHR TEVA C MRK BP HOG IBM WFM AMGN JCI GILD EBAY PSX CELG UTX UPS JPM DLTR RMD SYY UNP EMR CHRW SIRI UNH PAYX GIS PNRA CL NKE WM FDX BIDU CMI ORLY FISV Rank by # of Clubs Holding 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 Number of Clubs Holding Stock 240 233 229 229 228 226 223 216 215 215 215 210 201 195 194 193 193 190 188 188 184 184 181 180 179 179 174 173 168 168 166 166 164 160 158 148 145 143 141 141 141 140 139 135 135 134 133 131 130 130 Rank by Total Shares Held 54 87 68 70 27 42 59 32 76 69 65 67 56 47 49 57 92 72 63 83 89 74 85 48 53 77 88 82 86 95 61 75 66 64 93 73 91 9 84 71 81 100 55 80 90 97 99 94 79 60 Number of Shares Held by Members Rank by Total Value of Shares Held 71,983 34,666 57,939 57,326 149,698 105,221 67,046 129,878 49,542 57,921 59,551 58,478 68,820 86,066 83,785 68,662 29,669 56,225 60,486 39,938 33,239 52,631 37,503 85,518 74,369 48,408 34,237 40,071 36,105 24,180 63,938 49,838 59,429 60,332 29,569 55,541 31,773 261,880 37,604 56,511 41,790 15,698 69,081 42,438 33,151 22,991 17,320 28,598 43,383 65,601 51 96 52 60 93 89 57 54 41 59 74 44 67 33 43 87 98 82 80 86 45 79 68 66 49 88 90 40 69 92 73 83 84 94 55 71 97 100 81 91 95 85 62 75 99 76 78 70 50 72 Total Value of Shares Held by Members on 12-31-13 NOT FOR REPRINT KRFT and FB were added after correcting ticker-symbol anomalies in the database. 5,442,604 1,868,831 5,220,780 4,603,247 2,330,802 2,646,298 4,736,829 4,986,004 6,761,995 4,606,545 3,417,604 6,349,509 4,385,913 7,498,922 6,468,240 2,751,956 1,546,047 2,814,054 2,940,216 2,765,326 6,234,592 3,043,660 4,278,398 4,387,048 5,585,121 2,656,173 2,640,727 6,770,777 4,108,581 2,540,869 3,739,075 2,811,862 2,797,910 2,177,996 4,967,544 3,897,857 1,853,973 913,960 2,831,580 2,572,956 2,085,728 2,773,765 4,504,769 3,337,275 1,487,466 3,305,415 3,080,919 4,031,509 5,583,795 3,873,696 April 2014 | BetterInvesting | 37 38_39 Cover STORY 2 _Apr14_38_39 2/24/14 12:23 PM Page 38 BetterInvesting’s 2nd 100 Companies for 2013 FEATURE | Cover Story BetterInvesting Magazine continues its expanded coverage of the most widely held stocks among investment club members nationwide by present- ing the Second 100, companies that are among the 200 most popular holdings by active club investors in today’s equity market. Rank by No. of Clubs Holding Company Rank by No. of Clubs Holding 101 102 103 * 104 105 106 107 * 108 * 109 * 110 111 112 113 114 115 * 116 117 118 119 120 * 121 122 123 124 125 126 * 127 * 128 129 130 131 132 133 * 134 135 136 * 137 * 138 139 140 * 141 142 143 144 145 * 146 147 148 149 150 38 Southwest Airlines Co. Stericycle, Inc. Duke Energy Corporation Under Armour, Inc. Illinois Tool Works Inc. DuPont de Nemours (E.I.) and Company Norfolk Southern Corp. Green Mountain Coffee Roasters, Inc. Comcast Corporation Cerner Corporation Buffalo Wild Wings, Inc. Smucker (J.M.) Company, The Canadian National Railway Co. Stratasys Ltd. Clorox Company, The Diageo plc American Tower Corporation DirecTV NextEra Energy, Inc Freeport-McMoRan Copper & Gold Inc. Valero Energy Corporation Tesla Motors, Inc. Automatic Data Processing, Inc. Novartis AG Potash Corporation of Saskatchewan Inc. Bristol-Myers Squibb Co. Vodafone Group Dollar General Corporation PetSmart, Inc. Chesapeake Energy Corporation Intuitive Surgical, Inc. Kimberly-Clark Corp. Frontier Communications Corporation American Express Company Yahoo! Inc. Halliburton Company General Motors Company Tractor Supply Company Dow Chemical Company, The RPM International Inc. Kinder Morgan Energy Partners,L.P. SodaStream International Ltd. Alcoa Inc. United Therapeutics Corporation Honeywell International Inc. MWI Veterinary Supply, Inc. Kors (Michael) Holdings Limited Varian Medical Systems, Inc. Southern Company, The Dunkin' Brands Group, Inc. Number of Clubs Holding Ticker Stock LUV SRCL DUK UA ITW DD NSC GMCR CMCSA CERN BWLD SJM CNI SSYS CLX DEO AMT DTV NEE FCX VLO TSLA ADP NVS POT BMY VOD DG PETM CHK ISRG KMB FTR AXP YHOO HAL GM TSCO DOW RPM KMP SODA AA UTHR HON MWIV KORS VAR SO DNKN 130 128 125 123 121 120 119 115 111 110 109 108 108 108 106 100 100 96 95 95 93 93 91 91 91 89 89 88 88 85 84 83 81 80 80 80 80 79 78 76 74 74 74 73 73 71 71 70 70 69 Total Value of Shares Held by Members $883,264 3,505,716 1,746,515 2,709,067 2,975,434 2,392,235 2,376,429 1,689,613 1,589,590 2,875,183 3,039,631 2,107,047 1,966,620 1,926,615 1,912,146 2,012,524 1,478,831 2,548,536 1,670,477 1,644,220 5,479,737 906,304 2,121,312 1,556,331 1,011,502 2,345,739 1,633,158 1,487,436 1,159,249 986,472 2,819,988 1,903,338 120,206 1,644,273 1,309,470 1,200,933 610,445 2,691,043 1,156,956 2,084,386 1,315,377 805,314 650,060 2,944,497 1,672,860 1,778,985 1,183,603 1,521,795 1,008,669 731,667 151 152 153 154 * 155 156 * 157 158 159 160 * 161 162 163 164 165 166 167 168 * 169 170 171 172 173 174 175 176 177 178 179 180 181 * 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 Company Archer Daniels Midland Company Spectra Energy Corp. Price (T. Rowe) Group, Inc. Toyota Motor Corporation Aqua America Inc. Kohl’s Corporation Seadrill Limited CenturyLink, Inc. Annaly Capital Management, Inc. Novo Nordisk A/S Church & Dwight Co., Inc. Becton, Dickinson and Company SPDR Gold Trust ETF Organovo Holdings, Inc. Hewlett-Packard Company Kroger Co. (The) Questcor Pharmaceuticals, Inc. Kellogg Company McCormick & Company, Incorporated Hortons (Tim) Inc. Neogen Corporation U.S. Bancorp American Water Works Company, Inc. Thermo Fisher Scientific Inc. Outerwall Inc. (formerly Coinstar) Echo Global Logistics, Inc. Activision Blizzard, Inc. Sturm, Ruger & Company, Inc. Apache Corporation Nucor Corporation Monsanto Company American International Group, Inc. Enterprise Products Partners L.P. Horton (D.R.), Inc Quality Systems, Inc. Motorola Solutions, Inc. Powershares QQQ Trust Dominion Resources, Inc. ConAgra Foods, Inc. Alcatel-Lucent Netflix Inc. Wendy's Company, The CST Brands, Inc. Accenture plc Allergan, Inc. Diebold, Incorporated Luxottica Group S.p.A. Constellation Brands, Inc. Eaton Corporation plc Henry (Jack) & Associates, Inc. Number of Clubs Holding Ticker Stock ADM SE TROW TM WTR KSS SDRL CTL NLY NVO CHD BDX GLD ONVO HPQ KR QCOR K MKC THI NEOG USB AWK TMO OUTR ECHO ATVI RGR APA NUE MON AIG EPD DHI QSII MSI QQQ D CAG ALU NFLX WEN CST ACN AGN DBD LUX STZ ETN JKHY NOT FOR REPRINT | BetterInvesting | April 2014 68 68 66 66 66 65 64 64 64 63 63 63 63 63 63 63 61 61 60 60 59 59 59 58 58 58 56 56 56 56 56 56 55 55 55 55 54 54 54 54 53 53 53 51 51 51 51 50 50 50 Total Value of Shares Held by Members $1,244,031 844,761 2,344,379 999,846 619,734 701,532 1,354,666 954,378 634,612 1,682,472 1,674,783 1,290,288 948,528 559,356 499,974 483,260 1,067,954 756,823 835,354 675,247 1,538,880 831,267 681,073 1,841,387 895,746 752,183 1,431,369 1,401,213 1,039,364 1,013,916 963,641 792,547 1,424,145 504,426 452,043 389,819 1,596,603 1,220,610 664,860 66,419 1,383,999 313,347 150,910 1,259,909 848,958 483,054 472,333 1,278,876 1,273,536 1,050,459 Companies in bold are new to the Top 200 listing this year. * Advanced five positions or more in rank since last year. 38_39 Cover STORY 2 _Apr14_38_39 2/24/14 12:32 PM Page 39 Cover Story Alphabetical Listing of the Top 200 Companies Company Rank 3D Systems Corporation .................................... 3M Company .................................................... Abbott Laboratories ............................................ AbbVie Inc. ........................................................ Accenture plc .................................................... Activision Blizzard, Inc. ...................................... Aflac Incorporated .............................................. Alcatel-Lucent .................................................. Alcoa Inc. .......................................................... Allergan, Inc. ...................................................... Altria Group, Inc. ................................................ Amazon.com, Inc. .............................................. American Express Company .............................. American International Group, Inc. ...................... American Tower Corporation .............................. American Water Works Company, Inc. ................ Amgen Inc. ...................................................... Annaly Capital Management, Inc. ........................ Apache Corporation............................................ Apple Inc. .......................................................... Aqua America Inc. ............................................ Archer Daniels Midland Company ...................... AT&T Inc. .......................................................... Automatic Data Processing, Inc. ........................ Baidu.com, Inc. .................................................. Bank of America Corporation .............................. Becton, Dickinson and Company ........................ Bed Bath & Beyond Inc....................................... Berkshire Hathaway Inc. (B) .............................. Bio-Reference Laboratories, Inc. ........................ Boeing Company, The ........................................ BP p.l.c. ............................................................ Bristol-Myers Squibb Co..................................... Buffalo Wild Wings, Inc. .................................... Canadian National Railway Co. .......................... Caterpillar Inc. .................................................. Celgene Corporation .......................................... CenturyLink, Inc. ................................................ Cerner Corporation ............................................ Chesapeake Energy Corporation ........................ Chevron Corporation .......................................... Church & Dwight Co., Inc. .................................. Cisco Systems, Inc. .......................................... Citigroup Inc....................................................... Clorox Company, The ........................................ Coach, Inc. ...................................................... Coca-Cola Company, The .................................. Cognizant Technology Solutions Corp. ................ Colgate-Palmolive Company .............................. Comcast Corporation ........................................ ConAgra Foods, Inc. .......................................... ConocoPhillips .................................................. Constellation Brands, Inc. .................................. Corning Incorporated ........................................ Costco Wholesale Corporation............................ CST Brands, Inc. ................................................ CSX Corporation ................................................ Cummins Inc. .................................................... CVS Caremark Corp............................................ Danaher Corporation .......................................... Deere & Company .............................................. Diageo plc.......................................................... Diebold, Incorporated ........................................ DirecTV .............................................................. Disney (Walt) Company, The ............................ Dollar General Corporation.................................. Dollar Tree Stores, Inc. ...................................... 35 49 38 36 194 177 12 190 143 195 58 43 134 182 117 173 73 159 179 1 155 151 23 123 97 55 162 54 20 34 59 69 126 111 113 15 78 158 110 130 44 161 18 67 115 32 24 28 93 109 189 57 198 50 14 193 41 98 42 65 46 116 196 118 19 128 82 Company Dominion Resources, Inc. .................................. Dow Chemical Company, The ............................ Duke Energy Corporation .................................... Dunkin’ Brands Group, Inc. ................................ DuPont de Nemours (E.I.) and Company ............ Eaton Corporation plc ........................................ eBay Inc............................................................. Echo Global Logistics, Inc. ................................ EMC Corporation ................................................ Emerson Electric Co. .......................................... Enterprise Products Partners L.P. ........................ Express Scripts, Inc. .......................................... Exxon Mobil Corporation .................................... Facebook, Inc..................................................... FactSet Research Systems Inc. .......................... Fastenal Company ............................................ FedEx Corporation ............................................ Fiserv, Inc. ........................................................ Ford Motor Company.......................................... Freeport-McMoRan Copper & Gold Inc. .............. Frontier Communications Corporation ................ General Electric Company .................................. General Mills, Inc. .............................................. General Motors Company .................................. Gilead Sciences, Inc. .......................................... Google Inc. ........................................................ Green Mountain Coffee Roasters, Inc. ................ Halliburton Company.......................................... Harley-Davidson, Inc. ........................................ Henry (Jack) & Associates, Inc. ........................ Hewlett-Packard Company.................................. Home Depot, Inc., The ...................................... Honeywell International Inc. .............................. Horton (D.R.), Inc............................................... Hortons (Tim) Inc. ............................................ Illinois Tool Works Inc......................................... Intel Corporation ................................................ International Business Machines Corporation ...... Intuitive Surgical, Inc. ........................................ Johnson & Johnson............................................ Johnson Controls, Inc......................................... JP Morgan Chase & Co. .................................... Kellogg Company .............................................. Kimberly-Clark Corp. ........................................ Kinder Morgan Energy Partners, L.P. .................. Kohl’s Corporation.............................................. Kors (Michael) Holdings Limited ........................ Kraft Foods Group, Inc. ...................................... Kroger Co. (The) ................................................ LKQ Corporation ................................................ Lowe’s Companies, Inc. .................................... Luxottica Group S.p.A......................................... McCormick & Company, Incorporated ................ McDonald’s Corporation .................................... Medtronic, Inc. .................................................. Merck & Co., Inc. .............................................. Microsoft Corporation ........................................ Mondelez International, Inc. ................................ Monsanto Company .......................................... Motorola Solutions, Inc....................................... MWI Veterinary Supply, Inc. ................................ National Oilwell Varco, Inc. ................................ Neogen Corporation............................................ Netflix Inc........................................................... NextEra Energy, Inc............................................. Nike, Inc............................................................. Norfolk Southern Corp. ...................................... Rank 188 139 103 150 106 199 7 176 56 86 183 31 9 37 62 45 96 100 4 120 133 2 91 137 75 17 108 136 70 200 165 13 145 184 170 105 10 71 131 3 74 81 168 132 141 156 147 52 166 39 48 197 169 5 61 68 6 47 181 186 146 60 171 191 119 94 107 Company Rank Novartis AG........................................................ Novo Nordisk A/S .............................................. Nucor Corporation ............................................ O’Reilly Automotive, Inc. .................................... Oracle Corporation.............................................. Organovo Holdings, Inc. .................................... Outerwall Inc. .................................................... Panera Bread Company ...................................... Paychex, Inc. .................................................... PepsiCo, Inc....................................................... PetSmart, Inc. .................................................... Pfizer Inc. .......................................................... Philip Morris International, Inc. .......................... Phillips 66 .......................................................... Potash Corporation of Saskatchewan Inc. .......... Powershares QQQ Trust...................................... Price (T. Rowe) Group, Inc. ................................ Procter & Gamble Company, The ...................... Qualcomm Incorporated .................................... Quality Systems Inc. .......................................... Questcor Pharmaceuticals, Inc. .......................... ResMed Inc. ...................................................... Robinson (C.H.) Worldwide, Inc. ........................ RPM International Inc. ........................................ Schlumberger Limited ........................................ Seadrill Limited .................................................. Sirius XM Radio Inc. .......................................... Smucker (J.M.) Company, The .......................... SodaStream International Ltd. ............................ Southern Company, The .................................... Southwest Airlines Co......................................... SPDR Gold Trust ETF.......................................... Spectra Energy Corp. ........................................ Starbucks Corporation ........................................ Stericycle, Inc. .................................................. Stratasys Ltd. .................................................... Stryker Corporation ............................................ Sturm, Ruger & Company, Inc. .......................... Sysco Corporation.............................................. Target Corporation .............................................. Tesla Motors, Inc. .............................................. Teva Pharmaceutical Industries Limited .............. Thermo Fisher Scientific Inc. .............................. TJX Companies, Inc., The .................................. Toyota Motor Corporation .................................. Tractor Supply Company .................................... U.S. Bancorp .................................................... Under Armour, Inc. ............................................ Union Pacific Corporation .................................. United Parcel Service, Inc. .................................. United Technologies Corporation ........................ United Therapeutics Corporation ........................ UnitedHealth Group Incorporated ...................... Valero Energy Corporation .................................. Varian Medical Systems, Inc............................... Verizon Communications Inc............................... Visa Inc. ............................................................ Vodafone Group.................................................. Wal-Mart Stores, Inc. ........................................ Walgreen Co....................................................... Waste Management, Inc. .................................... Wells Fargo & Company .................................... Wendy’s Company, The ...................................... Whole Foods Market, Inc. .................................. Yahoo! Inc. ........................................................ Yum! Brands, Inc. .............................................. 124 160 180 99 22 164 175 92 90 7 129 27 64 77 125 187 153 8 11 185 167 83 87 140 53 157 88 112 142 149 101 163 152 16 102 114 21 178 84 40 122 66 174 63 154 138 172 104 85 80 79 144 89 121 148 26 33 127 25 29 95 30 192 72 135 51 NOT FOR REPRINT April 2014 | BetterInvesting | 39