The Rising Influence of Rising Affluence

[DewDiligence]

My Top Picks for Long-Term Buy & Hold (updated)

Since the previous version of this list six months ago, I dropped three names
(ABBV, AGN, PKI), added two names (XOMA, ZTS), and had one name
(HNZ) acquired by a Buffett consortium (#msg-84610907). Two of the names
on my list—CLF and VALE—have been especially bad performers during the
current bull market, but I’m sticking with them on the thesis that the market’s
bearishness toward commodity plays (and iron ore in particular) is overdone.

Below are sample posts for each name. (Some are old but still a good read.)

 
 Biotech/healthcare 
 ABT      #msg-87053716  #msg-87053892  #msg-50473238 
 MNTA     #msg-88007100  #msg-87862037  #msg-70212854 
 PFE      #msg-82548993  #msg-81127453  #msg-78031598 
 XOMA     #msg-89001644  #msg-83090054  #msg-85514239 
    
 Natural resources 
 CLF      #msg-87260717  #msg-86532061  #msg-88988001 
 HES      #msg-87217984  #msg-85271829  #msg-88002724 
 PCL      #msg-83600271  #msg-83602427  #msg-47898395 
 RDS-A/B  #msg-84459871  #msg-86046040  #msg-84124821 
 VALE     #msg-88894147  #msg-77035338  #msg-61404125 
      
 Agriculture and food  
 DE       #msg-60344244  #msg-60344244  #msg-61382266 
 MDLZ     #msg-87046646  #msg-84989239  #msg-80352710 
 MON      #msg-86130866  #msg-86643559  #msg-87688478 
 ZTS      #msg-84129296  #msg-84068724  #msg-84067676 
  
 Technology 
 IBM      #msg-87460673  #msg-87045399  #msg-67607838 
 MMM      #msg-84409832  #msg-81071714  #msg-60356285 

Feedback welcome.