The Innovation Index 2008 Performance
Posted on January 12, 2009 at 02:09 AM EST
The Innovation Index 2008 Performance Top 20 Innovators Ticker 31-Dec-07 31-Dec-08 % Change 3M Company MMM 84.32 57.54 - 31.76% Amazon.com AMZN 92.64 51.28 -44.65% America Movil AMX 61.39 30.99 -49.52% Apple AAPL 198.08 85.35 -56.91% AT&T T 41.16 28.50 -30.76% Best Buy BBY 52.51 28.11 -46.47% Cisco Systems CSCO 27.07 16.30 -39.79% Costco Wholesale COST 69.60 52.50 -24.57% eBay EBAY 33.19 13.96 -57.94% General Electric GE 36.74 16.20 -55.91% Google GOOG 691.48 307.65 -55.51% Hewlett-Packard HPQ 50.48 36.29 -28.11% Intel INTC 26.50 14.66 -44.68% IBM IBM 107.69 84.16 - 21.85% Merck MRK 57.61 30.40 -47.23% McDonald's MCD 58.51 62.19 6.29% Microsoft MSFT 35.46 19.44 -45.18% NIKE NKE 64.00 51.00 -20.31% Research In Motion RIMM 113.40 40.58 -64.22% Proctor & Gamble PG 73.05 61.82 -15.37% The Innovation Index 108.27 66.35 -38.72% S&P 500 ^GSPC 1,468.36 903.25 -38.49% Dow Jones ^DJI 13,264.82 8,776.39 -33.84% NASDAQ ^IXIC 2,652.28 1,577.03 -40.54% McDonald's Corporation is the only innovator out of the top 20 innovators that had a positive stock performance in an otherwise tough 2008. McDonald's has achieved an amazing feat that will be cherished for a long time. 8 out of the Top 20 Innovators finished averaging better performance than the S&P 500. Assumptions and Disclosures: *Assumes equal investment in each Innovator of the Innovation Index *Innovation Index Fund is closed and ended much lower than the Innovation Index *2009 Innovation Index will be announced the week of Jan 12, 2009 *Innovation Index Group will relaunch in 2009, without management of any fund, as an investment research and analysis company
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