INDUSTRY STOCKS RACK UP SECOND CONSECUTIVE BIG GAIN.
Following a 31.2% gain in 2004 and a 23.8% gain in2005, 93 global industry stocks turned in a 25.2% gain in market value for2006. The performance easily surpassed the gains of widely watched stock marketindicators such as the S&P 500 (+13.7%), the DJIA (+16.0%) and the NASDAQ(+9.6%) for January to December performance.
Our annual look at industry stocks compares marketvalue of stocks in local currencies and ranks them according to their marketcapitalization by size in US$. We used fully diluted shares outstanding at theend of the most recent quarter to calculate the market cap along with closingprices as of Dec. 29, ... Log in to view full article.