“Newly chosen vice presidential candidate Paul Ryan is already well-known for trying to push the U.S. government to cut its way to prosperity. Perhaps he should share some of his stock picks with Uncle Sam in order to boost revenue as well,” Maureen Farrell reports for CNN Money.
“Ryan appears to be a savvy investor. The majority of the mostly large-cap stocks he owned in 2011 are on a tear in 2012,” Farrell reports. “According to Ryan’s 2011 financial disclosure statements released by The Center for Responsive Politics, he owns a diversified group of large cap stocks that are solidly beating the market.”
Farrell reports, “In the mix: Tech leaders Amazon (AMZN), Apple (AAPL), Priceline (PCLN) and Citrix (CTXS) are all up at least 20% this year… Ryan’s financial disclosure statements don’t reveal how many shares he holds of each stock or the breakdown between stocks and bonds and other investments. So it’s impossible to estimate just how much his individual stakes are worth currently… Ryan also clearly has a penchant for consumer companies. He owns Starbucks (SBUX), Procter & Gamble (PG), Estee Lauder (EL), Ralph Lauren (RL), Visa (V) and Mastercard (MA). The fitness freak also holds Nike (NKE).”
Read more in the full article here.
[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]