Tags: Ryan | venerable | blue | chips

CNNMoney: Paul Ryan Owns High-Performing Blue Chips

Monday, 13 Aug 2012 03:40 PM

By Dan Weil


The stock holdings of Republican vice presidential candidate Paul Ryan show that his financial acumen goes beyond formulating budgets.

The Wisconsin congressman has accumulated a portfolio of venerable large-cap stocks, according to his 2011 financial disclosure statements, CNNMoney reports.

Ryan’s holdings include technology titans Amazon (AMZN), Apple (AAPL), Priceline (PCLN) and Citrix (CTXS). All of those stocks have gained more than 20 percent so far this year. So have Home Depot (HD) and Wells Fargo (WFC), which Ryan also owns.

Editor's Note: The ‘Unthinkable’ Could Happen — Wall Street Journal. Prepare for Meltdown

His shares of General Electric (GE) have appreciated 19 percent. He sold part of his Bank of America (BAC) holdings in 2011 and also owns Goldman Sachs (GS), which are both higher this year.

Not all of Ryan’s stocks have escaped trouble, such as pharmaceutical company Bristol Myers Squibb (BMY) and logistics firm CH Robinson Worldwide (CHRW), according to CNNMoney.

But all those companies have potential for strong gains.

Ryan is heavily weighted toward consumer-oriented companies, including Starbucks (SBUX), Procter & Gamble (PG), Estee Lauder (EL), Ralph Lauren (RL), Visa (V), Mastercard (MA) and Nike (NKE).

He’s not afraid of tobacco companies, owning Altria Group (MO) and Philip Morris (PM). And on the food side, Ryan has both fast-food titan McDonalds (MCD) and gourmet giant Whole Foods (WFM).

Many of Ryan’s stocks pay dividends. And Morningstar analyst Josh Peters says that even if dividend taxes go up next year, which is unlikely if Ryan is elected, dividend stocks will make sense.

“You're still way, way ahead with your dividend payers even in a worst-case scenario,” Peters said on Morningstar.com.

Editor's Note: The ‘Unthinkable’ Could Happen — Wall Street Journal. Prepare for Meltdown

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