10 Mega Trends- TMF's Brian Feroldi and Brian Stofel

I came across this NY Times article from 2000 where big time investors were asked to name one stock to buy and hold until 2010. Here is the list with split-adjusted stock prices for 2000, 2010, 2020. JDS Uniphase was spun off into two companies in 2015. JDSU and CSCO were the two trendiest companies as both went up several thousands of percent from their IPO in the 1990s.

2000 2010 2020
JDS Uniphase 100 3
Cisco 60 20 45
Oracle 39 25 55
Nokia 48 13 4
Medtronic 51 38 100
Flextronics International 35 7 14
Henry Schein Inc. 5 22 67
Waste Management 25 35 116
Zee Telefilms 500 137 284
Jones Apparel Group 10 11 28

Yikes. 2000 was the peak of the dot-com bubble so the trendy stocks were the wrong choices. The winners were in the untrendy sectors of medical supplies, retail clothing, and garbage.

2 Likes