Admired Stocks

Physician's Money Digest, March31 2005, Volume 12, Issue 6

Fortune

Which businesses are among "America'sMost Admired Companies?"Accordingto a 2005 survey, the following 10 companies won top honors:Dell Inc, General Electric Co, StarbucksCorp, Wal-Mart Stores Inc, SouthwestAirlines Inc, FedEx Corp, BerkshireHathaway Holdings, Microsoft Corp,Johnson & Johnson Inc, and Procter &Gamble Co. In 2004, these 10 stocksposted an average annual return of 23%.Since 1999, they have had an averageannual return of 6.1% vs the S&P 500's-2.3%. Among the criteria used to judgethe companies are financial soundness,employee talent, innovation, long-termvalue, product/service quality, and managementquality.