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LINK to article . . .
It's too hard for me to figure out how to paste the text into this post . . .
Here's the first few paragraph to see if you're interested . . .
The world's most respected companies
A survey of money managers produces a ranking of businesseswith strong leaders, good governance, qualityproducts and services, and solid market returns.
By Barron's
What price respect? If the concept seems too high-minded for pecuniary assessment, just consider that when it comes to calculating asset values
-- physical, financial or reputational -- Wall Street is never at a loss. Investors pay up for respect, in part because respected companies tend to hold their value longer.
"Respected companies aren't going to fall as far in the bad times, and they come back better," says David Hartzell of Cornell Capital Management, a participant in the survey that helped Barron's produce a list of the 100 most respected companies. (See the full list at the bottom of this article.)
In 2009's roller-coaster market, the top-ranked stocks generally experienced lower volatility and outperformed during the bear leg. And now, even after the broad market's furious rally, the value of respect is still felt: For the most part, shares of the most respected companies are either above or not much below their pre-Lehman-bankruptcy levels and have beaten the market since that crisis erupted.
Indeed, Apple (AAPL, news, msgs), which topped the list, is above its pre-crisis stock price. If an Apple shareholder fell asleep in the summer of 2008 and didn't awaken until Christmas 2009, he'd hardly notice anything had been amiss, based on the stock price.
The top five scorers are mostly a reshuffle of last year's top percentile. Johnson & Johnson (JNJ, news, msgs) slipped to No. 2 from 2009's No. 1, and Berkshire Hathaway (BRK.A, news, msgs) dropped to fifth place from second. The ever steady Procter & Gamble (PG, news, msgs) remained at No. 3, and IBM (IBM, news, msgs) jumped 10 notches to fourth place. But Wal-Mart Stores (WMT, news, msgs) fell to No. 12 from fifth place; the discounter's stock was one of the best to own in 2008, but not last year.
. . . .
LINK to article . . .
It's too hard for me to figure out how to paste the text into this post . . .
Here's the first few paragraph to see if you're interested . . .
The world's most respected companies
A survey of money managers produces a ranking of businesseswith strong leaders, good governance, qualityproducts and services, and solid market returns.
By Barron's
What price respect? If the concept seems too high-minded for pecuniary assessment, just consider that when it comes to calculating asset values
-- physical, financial or reputational -- Wall Street is never at a loss. Investors pay up for respect, in part because respected companies tend to hold their value longer. "Respected companies aren't going to fall as far in the bad times, and they come back better," says David Hartzell of Cornell Capital Management, a participant in the survey that helped Barron's produce a list of the 100 most respected companies. (See the full list at the bottom of this article.)
In 2009's roller-coaster market, the top-ranked stocks generally experienced lower volatility and outperformed during the bear leg. And now, even after the broad market's furious rally, the value of respect is still felt: For the most part, shares of the most respected companies are either above or not much below their pre-Lehman-bankruptcy levels and have beaten the market since that crisis erupted.
Indeed, Apple (AAPL, news, msgs), which topped the list, is above its pre-crisis stock price
. If an Apple shareholder fell asleep in the summer of 2008 and didn't awaken until Christmas 2009, he'd hardly notice anything had been amiss, based on the stock price.The top five scorers are mostly a reshuffle of last year's top percentile. Johnson & Johnson (JNJ, news, msgs) slipped to No. 2 from 2009's No. 1, and Berkshire Hathaway (BRK.A, news, msgs) dropped to fifth place from second. The ever steady Procter & Gamble (PG, news, msgs) remained at No. 3, and IBM (IBM, news, msgs) jumped 10 notches to fourth place. But Wal-Mart Stores (WMT, news, msgs) fell to No. 12 from fifth place; the discounter's stock was one of the best to own in 2008, but not last year.
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