The club's overall strategy, according to a recent student presentation, is "to combine top-down economic analysis with bottom-up stock selection. The top-down approach identifies countries, sectors and industries that may benefit from observed micro and macro trends. We will then look for individual companies with earnings
growth
potential that may not be recognized by the market at large, using a bottom-up stock selection process."
, many of which have been held for 10 years or more. Some examples, with their original purchase dates and share prices, include:
- Microsoft (MSFT Quote): Dec. 6, 1994, at $4.61
- General Electric (GE Quote): Nov. 5, 1997 at $23.17
- Caterpillar (CAT Quote): Feb. 14, 1995 at $13.31
- Apple (AAPL Quote) at $75.24
- Bank of America (BAC Quote) at $54.22
- Cheesecake Factory (CAKE Quote) at $36.29
- Bed Bath & Beyond (BBBY Quote) at $36.39
- Network Appliances (NTAP Quote) at $35.62
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