My Watch List

Here’s my latest Watch List. This is my unofficial list of high-quality stocks I like to follow. If a stock is on this list, then there’s a very good chance that it’s in the upper 5% of well-run companies on Wall Street. This is the elite.

I’m often asked how I go about selecting the stocks for my Buy List. It’s actually very simple. I have this Watch List of stocks and if one of them falls down to a very attractive price, then it becomes a contender for the new Buy List. I like to think of the Watch List as the minor leagues for the Buy List. Strong prospects earn their way up the ladder.

The Watch List is very informal. Unlike the Buy List, I’m constantly adding and deleting names. In fact, I have a bad habit of letting the Watch List grow too large. I often find myself adding three names for every one I delete. Ideally, I like to keep the Watch List below 100 names.

Company Ticker
AbbVie Inc. ABBV
AmerisourceBergen ABC
Abbott Laboratories ABT
Aceto Corporation ACET
Automatic Data Processing ADP
Affiliated Managers Group AMG
American Tower AMT
Ansys, Inc. ANSS
Anthem, Inc. ANTM
Amphenol Corporation APH
Atrion Corporation ATRI
AutoZone, Inc. AZO
Balchem Corporation BCPC
Becton, Dickinson BDX
Brown-Forman BF-B
Biogen Inc. BIIB
Broadridge Financial Solutions BR
Church & Dwight CHD
Check Point Software CHKP
Colgate-Palmolive Company CL
The Clorox Company CLX
The Cooper Companies, Inc. COO
Costco COST
Copart, Inc. CPRT
Cintas Corporation CTAS
CVS Health Corporation CVS
Ecolab Inc. ECL
Eagle Bancorp, Inc. EGBN
Edwards Lifesciences EW
Exponent, Inc. EXPO
Fastenal Company FAST
FactSet Research Systems FDS
F5 Networks, Inc. FFIV
Fortive Corporation FTV
General Mills, Inc. GIS
Gentex Corporation GNTX
Global Payments Inc. GPN
Hilton Grand Vacations Inc. HGV
Hingham Institution for Savings HIFS
Henry Schein, Inc. HSIC
The Hershey Company HSY
IDEXX Laboratories, Inc. IDXX
IDEX Corporation IEX
International Flavors & Fragrances IFF
Intuit Inc. INTU
Intuitive Surgical, Inc. ISRG
Gartner, Inc. IT
J.B. Hunt Transport Services JBHT
J&J Snack Foods Corp. JJSF
Jack Henry & Associates, Inc. JKHY
Johnson & Johnson JNJ
Kellogg Company K
Kimberly-Clark Corporation KMB
Medtronic plc MDT
The Middleby Corporation MIDD
McCormick & Company MKC
Mesa Laboratories, Inc. MLAB
3M Company MMM
Mettler-Toledo International MTD
Mylan N.V. MYL
Neogen Corporation NEOG
Old Dominion Freight Line ODFL
O’Reilly Automotive, Inc. ORLY
Paychex, Inc. PAYX
Prosperity Bancshares, Inc. PB
The Priceline Group Inc. PCLN
Procter & Gamble PG
PayPal Holdings, Inc. PYPL
Papa John’s International PZZA
ResMed Inc. RMD
Rollins, Inc. ROL
Roper Technologies, Inc. ROP
Starbucks Corporation SBUX
SEI Investments Co. SEIC
Silgan Holdings Inc. SLGN
S&P Global Inc. SPGI
Stericycle, Inc. SRCL
TransDigm Group TDG
The TJX Companies, Inc. TJX
Torchmark Corporation TMK
Thermo Fisher Scientific TMO
Tractor Supply Company TSCO
The Toro Company TTC
Texas Roadhouse, Inc. TXRH
Tyler Technologies, Inc. TYL
Universal Health Services UHS
UnitedHealth Group UNH
Visa Inc. V
Verisk Analytics, Inc. VRSK
VeriSign, Inc. VRSN
Waters Corporation WAT
Walgreens Boots Alliance WBA
WD-40 Company WDFC
Winmark Corporation WINA
Waste Management WM
Wolverine World Wide WWW
Zimmer Biomet Holdings ZBH