In a January 18 post I listed several stocks that I had on my watch list:

Akamai Technologies Inc (AKAM) - $26.64 (01/17/08 close)
Cisco Systems, Inc (CSCO) - $24.33
3M Co. (MMM) - $74.96
Intel Corp (INTC) - $19.33
McDonald’s Corp (MCD) - $51.98
General Motors Corporation (GM) - $22.84
Starbucks Corp (SBUX) - $19.05

I subsequently took long positions in five of these stocks:

AKAM purchased at $27.37 (on 01/22/08)
INTC purchased at $18.54 (01/22/08)
CSCO purchased at $23.44 (02/06/08)
MMM purchased at $73.65 (01/22/08) sold at $77.05 (04/25/08)
SBUX purchased at $16.48 (04/30/08)
Thankfully, I avoided GM.

Although not on my watch list, I also purchased shares of Transocean (RIG) at $162.07 on 05/20/08). This is a great way to play the supply constraints with crude oil, as Transocean is one of the largest providers of offshore contract drilling services for oil and gas wells, particularly in deepwater and harsh environments.

Today, I have my eyes on FedEx (FDX), currently trading at about $79.25 and Ford (F) currently trading at about $5.35.