Yes, it's been a while since I've reported on the performance of the Superfactory 20… the twenty lean company stocks we decided to track a year ago. I'm sure you can understand why, but we need to wrap up 2008, dismal as it may have been. You may recall that in 2007 the Superfactory 20 outperformed the S&P 500 by 19%. Well the good news is that in 2008 the SF20 again outperformed the S&P500, albeit by only 4%. Of course the bad news is that the SF20 was still down over 33%. I'll also issue the standard disclaimer that I own four of these stocks, and am happy that one of them is Wabtec.
So here are the full year results. We'll continue this same list in 2009, but in late January we hope to announce a rather significant expansion of this analysis method. Stay tuned.
|
2008 Performance
|
||
|---|---|---|
| Name | Price | 2008 Performance |
|
WABTEC CORP (WAB) |
39.75 | 18.44 % |
|
ABBOTT LABORATORI (ABT) |
53.37 |
-1.89 % |
|
JOHNSON AND JOHNS (JNJ) |
59.83 | -6.62 % |
|
NIKE INC CL B (NKE) |
51.00 | -18.12 % |
|
HILLENBRAND INC (HI) |
16.68 | -22.42 % |
|
STANLEY WORKS THE (SWK) |
34.10 | -24.52 % |
|
TESCO PLC (TSCO.L) |
360.00 |
-24.57 % |
|
PENTAIR INC (PNR) |
23.67 | -29.24 % |
|
ILL TOOL WORKS IN (ITW) |
35.05 | -30.94 % |
| SUPERFACTORY INDEX | -33.52 % | |
|
DANAHER CP (DHR) |
56.61 | -34.19 % |
|
CATERPILLAR INC (CAT) |
44.67 | -35.07 % |
|
HONDA MOTOR CO AD (HMC) |
21.34 |
-35.08 % |
|
S&P 500 INDEX, RTH (^GSPC) |
903.25 | -37.58 % |
|
TOYOTA MTR CP ADS (TM) |
65.44 | -38.53 % |
|
PARKER HANNIFIN C (PH) |
42.54 | -39.31 % |
|
Intel Corporation (INTC) |
14.66 | -40.60 % |
|
BOEING CO (BA) |
42.67 |
-49.58 % |
|
DEERE CO (DE) |
38.32 | -56.70 % |
|
NEWELL RUBBERMAID (NWL) |
9.78 | -59.32 % |
|
STEELCASE INC (SCS) |
5.62 | -63.53 % |
|
TEXTRON INC (TXT) |
13.87 | -78.62 % |
Mark Graban says
Amazon shut down the “best lean companies” list and their whole survey/ranking service. Oh well. Will you keep the same companies for 2009?
Kevin Meyer says
I’m keeping the same group for now, but I have a project in the works to expand this type of analysis. Hopefully it will be done in a month.
Karen Wilhelm says
How good is stock price as a measure of “performance”? Yes, I care about that when I look at my 401k balance, but it’s a number that includes market gaming, emotional reaction, and all sorts of other things irrelevant to the work done and the customer value produced by the company. Undue media attention to such a contrived number starts panicking people. The sky is dark, really dark, but it hasn’t fallen.