Top 50
Rank
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
Company
Verizon Communications/Wireless
Con Edison Co. of New York
The Coca-Cola Co.
Health Care Service Corp.*
HBO**
PricewaterhouseCoopers*
Turner Broadcasting**
Abbott
BellSouth
Blue Cross and Blue Shield of Fla.*
JPMorgan Chase
Comerica
HSBC
Sodexho
Cingular Wireless*
Colgate-Palmolive
Wells Fargo
PepsiCo
Sempra Energy
Macy’s/Bloomingdale’s
Wachovia
Marriott International
Allstate
Ernst & Young*
Bank of America
IKON Office Solutions
Citigroup
Sun Trust Banks
Toyota Motor North America
American Express
Hewlett-Packard
Cox Communications*
Starwood Hotels
Merck & Co.
Bausch & Lomb
Kaiser Permanente*
Ford Motor Co.
Kraft Foods
Sprint Nextel
MGM MIRAGE
Harris
Novartis Pharmaceutical Corp.
DaimlerChrysler
Merrill Lynch & Co.
Starbucks Coffee Co.
SC Johnson*
WellPoint
Prudential Financial
Compuware
Darden
*These companies are not in The 2006
DiversityInc Top 50 Companies for Diversity
Index, which only includes the 42 publicly
traded companies in The DiversityInc 2006
Top 50 Companies for Diversity list.
**Traded as Time Warner. © 2006 DiversityInc
Top 50 Index
DiversityInc Top 50 Index Return for 1 Year
2005 2006
120
SP500
DJIA
110
100
Top 50 Index
90
NASDAQ
80
N
D
J
F
MA
M
J
J
AS
O
N
Congress changing hands and lower gas prices helped all four of the
stock indexes surveyed including The 2006 DiversityInc (DI) Top 50
Companies for Diversity Stock Index™—to rise in the most recent
month studied, from Oct. 13 to Nov. 15.
Since 1945, control of Congress has completely changed hands six times,
and in each of those times, the Standard & Poor (S&P)’s 500 rose. The Nov.
7 mid-term elections shifting control to the Democrats, was no exception,
with the S&P increasing 2. 2 percent. The Nasdaq was up 3. 6 percent and
the Dow Jones Industrial Average was up 2. 2 percent while the DI Top 50
Index rose 1. 3 percent.
Keep in mind that with only 42 publicly traded stocks, the DI Top 50
Index is more strongly impacted by the volatility of one stock than the other
three indexes against which it is compared.
The major losers in the DI Top 50 Index were Federated Department
Stores (Macy’s/Bloomingdale’s, No. 20), down 7.06 percent, and Darden
Restaurants (No. 50), down 6. 74 percent. Federated was affected by news
that it missed analysts’ expectations by 5 cents, reporting a net loss of $3
million. Darden had a bad month, with same-store sales for Red Lobster
down and only slightly up for Olive Garden.
There were some bright spots on the DI Top 50 Index. DaimlerChrysler
(No. 43) rose 16.07 percent with interest rising in Mercedes Benz’s new
Smart minicar, planned to launch in the first quarter of 2008. Hewlett-
Packard (No. 31) was up 14. 9 percent after it posted earnings exceeding
expectations by 4 cents a share. IKON Office Solutions (No. 26) rose 13. 25
percent after the company announced its quarterly net income exceeded analysts’ expectations by 2 cents a share. DI