Wednesday, November 23, 2005

Five Stocks They Love

During the summer, [the Motley Fool] ran our "A Stock I'd Love to Own" contest. The rules were simple. Participants were asked to submit a short report about a great business they would hold for at least 10 years, a money-making machine that would be likely to grow and provide huge profits for years to come. Valuation didn't matter -- we were looking for superior businesses that subscribers could add to a watch list and purchase if they ever reached an attractive price. The five most compelling arguments received prizes.

The winner of the contest was Canadian Natural Resources (CNQ). Unfortunately they don't mention the other four prize winners and instead (somewhat misleadingly) list the top performers of the (approximately 40) contest entries. They were

Life Time Fitness (LTM)
J2 Global Communications (JCOM)
Expeditors International (EXPD)
Iron Mountain (IRM)
Google (GOOG)

It would be interesting to look back five years from now how well these stocks perform.