This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Paul Ryan Loves Big Macs and iPhones

NEW YORK ( TheStreet) -- Paul Ryan loves blue-chip stocks.

Financial disclosure reports that representatives submitted in the House showed Republican vice presidential nominee Ryan held 2011 investments in a number of blue-chip companies, including McDonald's (MCD - Get Report), Exxon Mobil (XOM) and IBM (IBM), among others.

Kraft Foods (KFT), General Electric (GE), Procter & Gamble (PG - Get Report), Home Depot (HD - Get Report), United Technologies (UTX) and Verizon (VZ) were the other U.S. blue chips Ryan listed on his disclosure form.

The vice presidential hopeful also held shares of other premium companies, such as Apple (AAPL - Get Report), Google (GOOG), Amazon (AMZN), Berkshire Hathaway (BRK.B), Starbucks (SBUX), Nike (NKE), Visa (V) and MasterCard (MA).

Loose House financial reporting requirements allow lawmakers to disclose a wide range for the value of stock assets and amount of income earned on those shares.

Ryan's biggest holding was Home Depot, which he showed had an estimated value of $100,000 to $250,000 that produced dividend earnings in 2011 of between $1,001 and $2,500.

The congressman's McDonald's holdings were worth $1,001 to $15,000 and earned him $1 to $200 in income.

Ryan had a number of other stock positions that he valued in the $1,001 to $15,000 range, with dividend returns of $1 to $200: Exxon Mobil, Kraft, MasterCard, Nike, Starbucks, United Technologies, GE and Visa.

The Wisconsin politician also held positions in Apple and Google, but reported that he received no dividends in 2011 from his shares of the two tech giants.

Procter & Gamble also proved one of Ryan's larger holdings as his disclosure form reported he owned between $16,001 and $65,000 worth of P&G shares. Ryan received dividends from the consumer packaged goods company of $202 to $1,200.

Ryan purchased more than $1,000 worth of IBM shares in 2011 to raise the total value of his ownership in the computer giant to $2,002 to $30,000. He earned just $1 to $200 in dividends on what he already owned in IBM stock.

Another purchase Ryan reported in 2011 was that of Amazon stock. He valued that purchase at between $1,001 and $15,000 worth of shares.

Mitt Romney's running mate also sold stock in a number of well-known companies, including Abbott Laboratories (ABT), Cisco Systems (CSCO), Goodrich (GR) and Verizon. Ryan placed the value of those transactions at $1,001 to $15,000 each. Ryan listed his wife as the owner of their Verizon investment.

-- Written by Joe Deaux in New York.

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.20 -1.10%
HD $134.94 0.20%
MCD $129.58 0.23%
PG $81.92 0.76%
FB $118.62 0.69%


Chart of I:DJI
DOW 17,641.30 -19.41 -0.11%
S&P 500 2,044.44 -6.19 -0.30%
NASDAQ 4,693.2580 -23.8360 -0.51%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs