RIM (RIMM) Added To Goldman's Buys List... Should You Care?

November 19, 2008 12:30 PM EST
Today, Goldman Sachs added Research in Motion (NASDAQ: RIMM) to their noteworthy Convection Buy List. Should you care?

Goldman's Conviction Buy List represents stocks the firm believes has the greatest potential return, and has a high likelihood to realize that return. Below we've analyzed the returns of some recent additions to the list and how they've stacked up to the S&P 500 so far. The data shows that 6 out of 10 outperformed the broader market and 4 out of 10 underperformed.

Wyeth (NYSE: WYE) added Nov 12. Up 7% in that time. S&P 500 Down 7.8% in that time.

ONEOK (NYSE: OKE) added Nov 5. Down 12.5% in that time. S&P 500 Down 17.6% in that time.

Schlumberger (NYSE: SLB) added Nov 3. Down 5.7% in that time. S&P 500 Down 14.3% in that time.

Steel Dynamics (Nasdaq: STLD) added Oct 22. Down 37% in that time. S&P 500 Down 13% in that time.

Marsh & McLennan (NYSE: MMC) added Oct 20. Down 9.5% in that time. S&P 500 Down 11.9% in that time.

Applied Materials (Nasdaq: AMAT) added Oct 20. Down 26.7% in that time. S&P 500 Down 11.9% in that time.

Kmbertly-Clark (NYSE: KMB) added Oct 16. Up 1.9% in that time. S&P 500 Down 8.3% in that time.

Suncor Energy (NYSE: SU) added Oct 2. Down 52% in that time. S&P 500 Down 28.3% in that time.

Comcast (Nasdaq: CMCSA) added Sept 30. Down 17.6% in that time. S&P 500 Down 24.7% in that time.

Intl Paper (NYSE: IP) added Sept 23. Down 57.6% in that time. S&P 500 Down 31.2% in that time.

You May Also Be Interested In





Related Categories

Insiders' Blog, Trader Talk

Related Entities

Goldman Sachs Conviction Buy List, Goldman Sachs, Standard & Poor's