Saturday, June 16, 2007

The Bill and Hillary Clinton Stock Portfolio

By now, you have probably heard that all the stocks in the blind trust of former president Bill Clinton and presidential candidate Hillary Rodham Clinton has been liquidated, to avoid any appearance of a political conflict of interest. Some of the stocks that turned up in their portfolio surprised some observers, such as BP (BP) and Exxon Mobile (XOM). Maybe the Clinton advisers came up with some interesting opportunities. Here are eight of their largest holdings.

A less common name that appears on the list is Biogen Idec Inc. (BIIB), a Cambridge, Massachusetts based biotech company which develops therapies for oncology, neurology, and immunology. The stock is up over 42% during the last couple years. The P/E is 78 and the PEG is 1.5.

Another stockholding which has raised eyebrows is Cisco Systems, Inc. (CSCO), which, according to the New York Times, the Obama campaign said has moved American jobs to India. This famous manufacturer of network equipment has a P/E of 24.5 and a PEG of 1.2.

The large conglomerate, General Electric Co. (GE), was another stock on the list. The P/E is 19. the PEG is 1.7, with a yield of 3%.

The Home Depot, Inc (HD) shares were also in their portfolio. This retailer of home improvement and building supplies has a P/E of 14.4 and a PEG of 1.1. The yield is 2.4%.

Four of the other largest holdings include:

Merrill Lynch & Co. Inc. (MER) for which the P/E is 9.5, the PEG is .9, and the yield is 1.6%.

Microsoft Corporation (MSFT), which has a P/E of 22, a PEG of 1.5, and a yield of 1.3%.

Time Warner Inc. (TWX), which has a P/E of 13.5, a PEG of 1.3, and a yield of 1.1%.

Walt Disney Co. (DIS), which has a P/E of 16, a PEG of 1.35, and a yield of 0.9%.

Author owns MSFT, TWX, and DIS.

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