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Tuesday, October 13, 2009
Morgan Housel :: Townhall.com Columnist
Top-Rated Stocks Trouncing the Market
by Morgan Housel
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


No one has perfect foresight, but let's be honest: The market is full of people who, as Oscar Wilde would say, know "the price of everything and the value of nothing." Far too often -- over the past year especially -- investors have been pitched sensational stock recommendations only to be left high and dry as shares crumble.

To hunt down top-recommended stocks that have been rewarding investors accordingly, I summoned our  Motley Fool CAPS community to point out a few four- or five-star stocks that have been shootin' for the moon in recent months. Some are still bargains; others are getting ahead of themselves.

While not formal buy recommendations, these three-month bloomers caught my attention:

Company

13-Week Price
Change

Recent Share
Price

Forward P/E
Ratio

CAPS Rating  
(out of 5)

Caterpillar
(NYSE: CAT)

76%

$53.05

28.6

****

Costco
(Nasdaq: COST)

30%

$58.03

18.4

****

General Electric
(NYSE: GE)

50%

$16.33

17.8

****

Halliburton
(NYSE: HAL)

49%

$28.97

21.5

****

Intuitive Surgical
(Nasdaq: ISRG)

78%

$254.00

38.5

****

Data from Motley Fool CAPS, and Yahoo! Finance as of Oct. 12.

You can rerun the CAPS screen I used by  clicking here.

A closer look at Costco
I'm tempted to fire off the typical reasons why investors should love Costco: Recessions inspire frugality. Companies that sell cheap stuff draw those cheapskates in. More customers, even at lower margins, mean big profit.

All true. But there's more to like about Costco other than the fact that it can rock while consumer spending is in the toilet.

Most retail stores follow a simple approach: Buy merchandise. Sell it for more than you bought it for. Keep the difference as income. Repeat until wealthy.

Costco's business model is a little different. Rather than relying on retail margins to juice its bottom line, profit predominantly comes from membership dues it charges every customer. You can see the importance of Costco's membership dues by looking at different components of its income statement over the past few years:

Segment

2008

2007

2006

Sales Continued...

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About The Author

Morgan Housel is a Motley Fool contributor.

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