Morgan Stanley: 30 for 2013

Via Morgan Stanley:

The consensus is increasingly of the view that ‘Buy and hold is dead’… Bruised and battered by the steep decline in the S&P 500 so far this decade, many investors have concluded that only the most adroit traders are positioned to attain profits, particularly in light of the past year’s often extreme volatility. …but we say ‘Long live buy and hold!’ We strongly believe that the dislocations in the market since last fall provide attractive opportunities to identify companies with a sustainable competitive advantage that are likely to emerge from the ongoing recession with an even more powerful edge over their competitors.

30 for 2013

Adobe Systems
Alexion Pharmaceuticals
Amazon.com
Apple
Applied Materials
AT&T
Bank of America
Bank of New York Mellon
Baxter International
BlackRock
Cisco Systems
Coach
ConocoPhillips
Covidien
Danaher
Hudson City Bancorp
Lockheed Martin
Monsanto
Philip Morris International
Prudential Financial
Schlumberger
Sherwin-Williams
Ultra Petroleum
Union Pacific
URS Corp.
VMware
Wal-Mart
Weatherford International
Wells Fargo
Yum! Brands

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