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Fortune 40 Best Stock to Retire On
*intrinsic value calculated automatically with spreadsheet found on Old School Value. Detailed calculation required later on.
Current Graham
No. Ticker Company Name Industry Remarks DCF*
Price Value
The Chubb Corporation (Chubb) is a holding company for a family of property and casualty
insurance companies known as the Chubb Group of Insurance Companies (the P&C Group). The
P&C Group is divided into three business units: Chubb Commercial Insurance, Chubb Specialty
Insurance and Chubb Personal Insurance. Chubb Commercial Insurance offers a range of
10 CB Chubb Corp Outside circle of competence $40.37 NA NA
commercial insurance products, including coverage for multiple peril, casualty, workers�
compensation, and property and marine. Chubb Specialty Insurance offers a variety of
specialized professional liability products for privately and publicly owned companies, financial
institutions, professional firms and healthcare organizations. Chubb Specialty Insurance also
Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and
other products related to the communications and information technology (IT) industry, and
provides services associated with these products and their use. The Company provides a line of
products for transporting data, voice, and video within buildings, across campuses, and around
11 CSCO Cisco Systems Inc Super numbers all round $18.72 $30.13 $37.21
the world. Its products are designed to transform how people connect, communicate and
collaborate. Cisco Systems, Inc.�s products, which include primarily routers, switches, and
products that the Company refers to as its technologies, are installed at enterprises, public
institutions, telecommunications companies, commercial businesses and personal residences.
McKesson Corporation (McKesson) provides supply, information and care management
products and services across the healthcare industry. The Company operates through two
segments: The McKesson Distribution Solutions segment and The McKesson Technology
Solutions segment. The McKesson Distribution Solutions segment distributes ethical drugs, Increase in debt-equity, low margins, average FCF
12 MCK McKesson Corp $39.30 $24.00 $68.58
medical-surgical supplies and equipment, and health and beauty care products throughout and CROIC
North America. This segment also provides specialty pharmaceutical solutions for biotech and
pharmaceutical manufacturers, sells pharmacy software and provides consulting, outsourcing
and other services. The McKesson Technology Solutions segment delivers enterprise-wide
3M Company (3M) is a diversified technology company with global presence in industrial and
transportation; health care; safety, security and protection services; consumer and office;
display and graphics, and electro and communications. The Company is a primary manufacturer
of products for many of the markets it serves. 3M operates in six operating business segments: declining margins, increase in debt-equity, poor
13 MMM 3M Co $59.23 $74.17 $100.00
industrial and transportation; health care; safety, security and protection services; consumer FCF growth
and office; display and graphics, and electro and communications. The Company�s products are
sold through numerous distribution channels, including directly to users and through numerous
wholesalers, retailers, jobbers, distributors and dealers in a variety of trades in many countries
Microsoft Corporation develops, manufactures, licenses and supports a range of software
products for computing devices. The Company's software products include operating systems
for servers, personal computers and intelligent devices, server applications for distributed
computing environments, information worker productivity applications, business solution
14 MSFT Microsoft Corp good margins, good profits $20.60 $32.17 $43.50
applications, high-performance computing applications and software development tools and
video games. It provides consulting and product support services, and trains and certifies
computer system integrators and developers. Microsoft Corporation sells the Xbox 360 video
game console and games, the Zune digital music and entertainment device, PC games, and
Parker-Hannifin Corporation is a full-line diversified manufacturer of motion and control
technologies and systems, including fluid power systems, electromechanical controls and
related components. In addition to motion control products, the Company also produces fluid
purification, fluid and fuel control, process instrumentation, air conditioning, refrigeration,
15 PH Parker Hannifin Corp good FCF growth, CROIC, increasing margin trends $45.57 $69.80 $102.91
electromagnetic shielding and thermal management products and systems. The Company�s
manufacturing, service, distribution and administrative facilities are located in 40 states and in
47 foreign countries. Its motion control technology is used in the products of its three principal
business segments: Industrial, Aerospace, and Climate & Industrial Controls. In November 2008,
Walgreen Company (Walgreens) is principally a retail drugstore chain that sells prescription and
non-prescription drugs, and general merchandise. General merchandise includes, among other
things, beauty care, personal care, household items, candy, photofinishing, greeting cards,
convenience foods and seasonal items. Customers can have prescriptions filled at the drugstore below average FCF growth in FCF but margins are
16 WAG Walgreen Co $30.70 $24.42 $52.74
counter, as well as through the mail, by telephone and via the Internet. As of August 31, 2008, rock solid
Walgreens operated 6,934 locations in 49 states, the District of Columbia, Guam and Puerto
Rico. Total locations do not include 217 convenient care clinics operated by Take Care Health
Systems, Inc. (formerly known as I-Trax, Inc.), a subsidiary of the Company. During the fiscal
Applied Industrial Technologies, Inc. (Applied) is a North American distributor of bearings,
power transmission components, fluid power components and systems, industrial rubber
products, linear components, tools, safety products, general maintenance products and a
Applied Industrial variety of mill supply products. Fluid power products include hydraulic, pneumatic, lubrication average numbers but consistent over 10 years,
17 AIT $20.23 $30.10 $38.31
Technologies Inc and filtration components and systems. The Company operates through two segments, service good consistent margins, lowered debt-equity
center-based distribution and fluid power businesses. The service center-based distribution
segment provides customers with a range of industrial products through a network of service
centers stretching across North America. The fluid power businesses segment consists of
Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation, and its
wholly owned subsidiaries. Carlisle is a diversified manufacturing company, which manufacture
and distribute a range of products. On January 25, 2008, the Company acquired 100% of the
equity of Dinex International, Inc. (Dinex), a supplier of foodservice products to the healthcare
18 CSL Carlisle Companies Inc low FCF, CROIC , consistent margins, $22.88 $35.27 $70.00
and other institutional industries. On April 28, 2008, the Company acquired 100% of Carlyle
Incorporated (Carlyle), a provider of aerospace and network interconnection solutions.
V.F.Corporation (VF) is enaged in branded lifestyle apparel and related products. The Company
owns a portfolio of brands in the jeanswear, outerwear, packs, footwear, sportswear and
occupational apparel categories. These products are marketed to consumers shopping in
specialty stores, upscale and traditional department stores, national chains and mass FCF inconsistent but margins are consistent, good
24 VFC VF Corp $55.95 $56.59 NA
merchants. It derives 30% of its revenues from outside the United States, primarily in Europe, CROIC but average FCF numbers
Asia, Canada and Latin America. VF products are also sold in some countries through licensees
and distributors. The Company�s businesses are organized into product categories and brands
called coalitions and consist of Outdoor and Action Sports, Jeanswear, Imagewear, Sportswear
ADTRAN, Inc. (ADTRAN) is engaged in designing, manufacturing, marketeting and servicing
network access solutions for communications networks. The Company�s solutions are deployed
by providers of telecommunications services (serviced by its Carrier Networks Division), and
small and mid-sized businesses and enterprises (serviced by its Enterprise Networks Division),
25 ADTN Adtran Inc Above average numbers and returns overall $20.25 $16.71 $21.11
and enable voice, data, video and Internet communications across copper, fiber and wireless
networks. The Company has two operating divisions: the Carrier Networks Division and the
Enterprise Networks Division. The Company develops, markets, and supports high-speed
network access solutions for use across Internet protocol (IP), asynchronous transfer mode
AVX Corporation (AVX) is a worldwide manufacturer and supplier of a line of passive electronic
components and related products. Virtually all types of electronic devices use the Company�s
passive component products to store, filter or regulate electric energy. AVX�s passive
electronic component products include ceramic and tantalum capacitors, film capacitors,
26 AVX AVX Corp inconsistent numbers for everything $9.75 $15.42 $24.37
varistors and non-linear resistors manufactured in its facilities throughout the world and
passive components manufactured by Kyocera Corporation of Japan (Kyocera), its majority
stockholder, which owns approximately 71% of AVX�s outstanding common stock. The
Company also manufactures and sells electronic connectors and inter-connect systems, and
Fair Isaac Corporation (Fair Isaac) provides analytical, software and data management products
and services. Its services include predictive modeling, decision analytics, business intelligence
management, decision management systems and consulting services. The Company helps
businesses make better decisions in the areas of customer value, reduce fraud and credit no FCF over 5 years, slowly declining margins, big
27 FIC Fair Isaac Corp $17.19 $17.00 $15.66
losses. The Company�s customer base includes banks and credit card issuers, insurers, retailers, drop in tangible equity, drops in sales for 3 years
telecommunications providers, healthcare organizations, pharmaceutical companies and
government agencies. Fair Isaac categorizes its products and services into four segments:
strategy machine, scoring solutions, professional services and analytical software tools. On
Global Industries, Ltd. provides worldwide construction and subsea services, including pipeline
construction, platform installation and removal, project management, construction support,
diving services, diverless intervention and marine support services to the offshore oil and gas
capital intensive compay makes it hard to value
industry primarily in selected international areas and the United States Gulf of Mexico. The
28 GLBL Global Industries Ltd with DCF. Spent big amount of cash on capex last $6.17 NA $10.83
Company provides services from shallow water to water depths of up to 10,000 feet. The
year.
Company�s business consists of two principal activities: Offshore Construction Services, which
includes pipeline construction and platform installation, and removal services, and Subsea
Services, which includes diving and diverless intervention, and marine support services. On
Company description not available.
Penn Virginia Resource Partners, L.P. is engaged in the management of coal and natural
resource properties and the gathering and processing of natural gas in the United States. The
big difference since earnings is FCF isn't as strong
Company conducts operations in two business segments: coal and natural resource
as earnings growth. Very high CROIC but most
Penn Virginia Resource management, and natural gas midstream. During the year ended December 31, 2008,
30 PVR margins sliding down past 3-4 years. Fall in $13.87 $6.35 $28.28
Partners L P approximately 84% of its operating income was attributable to its coal and natural resource
commodity prices hurt as well. 14% distribution is
management segment, and approximately 16% of its operating income was attributable to its
nice. Distributions increased by 4.4%
natural gas midstream segment. In July 17, 2008, the Company completed the acquisition of
Lone Star Gathering, L.P. (Lone Star) in the Fort Worth Basin. In May 2008, the Company
Plexus Corp. (Plexus), along with its subsidiaries, provides product realization services to
original equipment manufacturers (OEMs) and other technology companies in the
wireline/networking, wireless infrastructure, medical, industrial/commercial, and
CAPEX heavy, cant generate FCF, margins and
defense/security/aerospace market sectors. It provides electronics design, manufacturing and
31 PLXS Plexus Corp numbers need to show more stabilty for it to be a $18.13 NA $43.58
testing services to its customers. Plexus offers its customers the ability to outsource all stages
retirement stock
of product realization, including product specifications; development, design and design
validation; prototyping and new product introduction; materials sourcing, procurement and
supply-chain management; product assembly/manufacturing, configuration and test, order
Tessera Technologies, Inc. (Tessera) develops and delivers miniaturization solutions that
transform wireless, computing and consumer electronic products. Its micro-electronics
Absolutely crazy numbers but equally crazy
solutions enable smaller electronic devices and include semiconductor packaging technologies
valuation. Other income past 3 years is much too
Tessera Technologies encompassing interconnect and substrates. Its imaging and optics solutions provide camera
32 TSRA high and requires investigation. Low quality $16.07 $9.58 $24.22
Inc functionality in electronic products and include image sensor packaging, wafer-level optics and
earnings. Requires growth of 40% to be worth $15.
wafer-level camera technologies, and image enhancement technologies. Tessera also offers
Impossible.
micro-optic lenses, from diffractive and refractive optical elements to integrated micro-optical
subassemblies. The Company operates in two segments: Intellectual Property, and Product and
BP p.l.c. (BP) is an oil company, operating through its subsidiaries. With effect from January 1,
2008, it operated in two business segments: Exploration and Production, and Refining and
Marketing. A separate business, Alternative Energy, reported in other businesses and
BP ADR Each Lots of FCF but growth is limited. Cyclical and
corporate, handles its low-carbon businesses. Exploration and Production�s activities include oil
33 BP Representing Six Ord margins can never be stable due to commodity $47.26 $69.64 $100.00
and natural gas exploration, development and production (upstream activities), together with
Shs prices. Dividend stock only at 7% yield.
related pipeline, transportation and processing activities (midstream activities), as well as the
marketing and trading of natural gas (including liquefied natural gas), power and natural gas
liquids. The activities of Refining and Marketing include the refining, manufacturing, supply and
Diageo plc (Diageo) is engaged in the drinks business with a collection of international brands.
Diageo is a participant in the branded beverage alcohol industry and operates on an
international scale. Its operations include producing, distilling, brewing, bottling, packaging,
low FCF, great CROIC, improving sales but debt to
Diageo ADR Reptg 4 distributing, developing and marketing a range of brands in approximately 180 markets
34 DEO equity far too high, fairy stable margins over recent $53.85 $60.20 $120.00
Ord Shs worldwide. It markets a range of beverage alcohol brands, including spirits and beer brands.
3 years
Diageo produces and distributes a collection of branded premium spirits, beer and wine. It
produces and distributes a range of premium brands, including Smirnoff vodka, Johnnie Walker
Scotch whiskies, Captain Morgan rum, Baileys Original Irish Cream liqueur, JeB scotch whisky,
Novartis AG, incorporated on February 29, 1996, is a Switzerland-based holding that, through
its subsidiaries, is engaged in the research, development, manufacture and marketing of
healthcare products. The Company�s healthcare solutions portfolio includes medicines,
preventive vaccines and diagnostic tools, generic pharmaceuticals and consumer health Strong FCF and profit metrics but FCF growth has
35 NVS Novartis ADR $39.67 $57.62 $101.75
products. Its businesses are divided on a worldwide basis into the four operating divisions: been flat
Pharmaceuticals, which comprises brand-name patented pharmaceuticals; Vaccines and
Diagnostics, which focuses on human vaccines and blood-testing diagnostics; Sandoz, which
consists generic pharmaceuticals, and Consumer Health, which includes over-the-counter
Koninklijke Philips Electronics N.V. (Royal Philips Electronics) is the parent company of the
Philips Group (Philips). As of January 1, 2008, Philips� activities are organized on a sector basis,
with each operating sector Healthcare, Consumer Lifestyle and Lighting being responsible for
Koninklijke Philips the management of its businesses worldwide. The Company aims, through the Innovation &
36 PHG Terrible FCF and margins. Stay away. $19.38 $8.57 $27.86
Electronics ADR Emerging Businesses sector, to invest in projects that are not part of the operating sectors, but
which will lead to growth. The Group Management & Services sector provides the sectors with
support through shared service centers. In September 2008, Medialink Worldwide Inc.
announced the transfer of its ownership interest in Teletrax to the Company. In October 2008,
Sanofi-Aventis is a pharmaceutical group engaged in the research, development, manufacture
and marketing of healthcare products. The Company's business includes two main activities:
pharmaceuticals and human vaccines through sanofi pasteur. In its pharmaceutical activity,
Sanofi Aventis ADR
Sanofi-Aventis specializes in six therapeutic areas: thrombosis, cardiovascular, metabolic low FCF growth but good margins and increases in
37 SNY Each Representing One $30.51 $48.76 $54.29
disorders, oncology, central nervous system (CNS) and internal medicine. The Company offers equity and FCF over past 4 years. Great CROIC
Half Of One Ord Shs
vaccines in five areas: pediatric combination vaccines, influenza vaccines, adult and adolescent
booster vaccines, meningitis vaccines, and travel and endemic vaccines. On September 1, 2008,
Sanofi-Aventis acquired the Australian company, Symbion CP Holdings Pty Ltd (Symbion
TOTAL S.A. (TOTAL), together with its subsidiaries and affiliates, is an integrated international
oil and gas company. With operations in more than 130 countries, TOTAL engages in all aspects
of the petroleum industry, including Upstream operations (oil and gas exploration,
FCF in 2008 exploded. Cant base future predictions
Total Conv Into 1/2 Shs development and production, liquefied natural gas (LNG)) and Downstream operations
38 TOT on 2008 values. Returns and metrics are very $55.27 $51.23 $71.22
ADR (refining, marketing and the trading and shipping of crude oil and petroleum products). The
consistent. In line with industry competitors
Company also produces base chemicals (petrochemicals and fertilizers) and specialty chemicals
for the industrial and consumer markets. In addition, TOTAL has interests in the coal mining
and power generation sectors, as well as a financial interest in Sanofi-Aventis. TOTAL�s
Unilever PLC is one of the parent companies of the Unilever Group (Unilever), which is a
supplier of consumer goods across foods, and home and personal care categories. Unilever N.V.
is the other parent company of Unilever. Unilever manages its brands under four category Inconsistent FCF numbers YOY, but last year has
Unilever Depository headings: savoury, dressings and spreads; ice cream and beverages; personal care; and home been terrible. Not a company that can maintain
39 UL $23.64 NA NA
Receipt care. On April 2, 2008, the Company completed the acquisition of Inmarko. In December 2008, performance in a recession. Numbers vary too
the Company sold its edible oil business in Cote d�Ivoire together with its interests in local oil much for any good guess.
palm plantations, Palmci and PHCI, to SIFCA and to a 50:50 joint venture between two
Singapore-based companies, Wilmar International Limited and Olam International Limited. In
Vodafone Group Plc (Vodafone) is engaged in providing service, such as voice, messaging, data
and fixed line and others. Voice services include provision of mobile voice communications.
Messaging include text, picture and video messaging on mobile devices. Date services provide e-
Vodafone Group ADR mail, mobile connectivity and Internet on mobile. Fixed broadband offerings include Capital intensive business, numbers are not thin
40 VOD $19.99 $12.44 NA
Reptg 10 Ord Shs communications services for both consumers. The Company offers a range of devices to access and competitive. History of losses.
its services, such as handsets, the Vodafone Mobile Connect card with third generation
broadband and the Vodafone Mobile Connect USB modem. In August 2008, Verizon
Communications, Inc. announced that Verizon Wireless, a joint venture of the Company and