The combined Swiss Top 10 List of the SMI contains only one stock: Givaudan. How is this possible?
Well, Switzerland is expensive. And since we only include companies with value ranks over 50 in the Top 10 lists, some of the lists may contain fewer than 10 stocks.
Of the 20 SMI companies, only Givaudan has a combined rank that is above 50. All other stocks are too expensive to be included in the Top 10 list.
That’s why there is really only one stock that Dr. Stern can buy. And he buys it, for the simple reason that he wants to have another Swiss stock in his portfolio, and because our ranks have helped him find the right one.