August 24, 2011

What They're Buying

While SuperInvestors were attracted by a typical array of challenged companies last quarter, they reserved their heaviest buying for high-quality companies with ample growth prospects, such as Apple, eBay and Google.

	Table:		Growth Potential

	Table:		Biggest New Bets

What They're Selling

They snapped up healthcare stocks such as Pfizer, DaVita and WellPoint nine months ago, but SuperInvestors collectively turned away from those same stocks last quarter.

	Table:		Bloom Off the Rose

	Table:		Selling Out

What They Own

Smart investors often mine their own portfolios first when asset values broadly decline. With stocks widely held by SuperInvestors down an average of 24% from their 52-week highs, seeming bargains abound.

	Table:		New-Found Bargains

	Table:		Doubling Down

Stock Spotlight

SuperInvestors are perfectly willing to buy based on shorter-term catalyst-driven or industry views. Avid buying of Mosaic likely provides a case in point.

Companies in this Issue

A – E

AIG, ASML Holding, Aon, Apple, Arcos Dorados, Ashland, BP, Baxter International, Biogen Idec, BlackRock, CIT Group, CME Group, CVS Caremark, CareFusion, Citigroup, Coca-Cola Enterprises, Comcast, Corrections Corp., DaVita, Deere, Expedia, eBay

F – J

FMC Corp., Forest Labs, General Motors, Gilead Sciences, Goldman Sachs, Google, Hewlett-Packard, International Paper, JPMorgan Chase, Johnson Controls

K – O

L-3 Communications, Level 3 Communications, Life Technologies, Lockheed Martin, Lowe’s, LyondellBasell, Marathon Oil, McGraw-Hill, Microsoft, Monsanto, Morgan Stanley, Mosaic, Motorola Solutions, Nalco Holding, News Corp.

P – T

Pfizer, Ralcorp, Rockwell Collins, SPDR Gold Trust, SanDisk, Sara Lee, Seagate Technology, Sunoco, Target

U – Z

United States Steel, UnitedHealth, Valero Energy, WellPoint, Wells Fargo, Western Union, Williams