Sunday, January 11, 2009

The Innovation Index 2008 Performance

The Innovation Index 2008 Performance
Top 20 InnovatorsTicker31-Dec-0731-Dec-08% Change
3M Company MMM84.3257.54-31.76%
Amazon.com
AMZN92.6451.28-44.65%
America Movil AMX61.3930.99-49.52%
AppleAAPL198.0885.35-56.91%
AT&TT41.1628.50-30.76%
Best BuyBBY52.5128.11-46.47%
Cisco SystemsCSCO27.0716.30-39.79%
Costco Wholesale
COST69.6052.50-24.57%
eBayEBAY33.1913.96-57.94%
General ElectricGE36.7416.20-55.91%
GoogleGOOG691.48307.65-55.51%
Hewlett-Packard
HPQ50.4836.29-28.11%
Intel
INTC26.5014.66-44.68%
IBM
IBM107.6984.16-21.85%
Merck
MRK57.6130.40-47.23%
McDonald's
MCD58.5162.196.29%
Microsoft
MSFT35.4619.44-45.18%
NIKE
NKE64.0051.00-20.31%
Research In MotionRIMM113.4040.58-64.22%
Proctor & GamblePG73.0561.82-15.37%
The Innovation Index108.2766.35-38.72%
S&P 500^GSPC1,468.36903.25-38.49%
Dow Jones^DJI13,264.828,776.39-33.84%
NASDAQ^IXIC2,652.281,577.03-40.54%
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.
Selected references:
Leading eBook on Creativity and Innovation in Business
Creativity and Innovation Best Practices
Creativity and Innovation Case Studies
The Innovation Index
Top 50 innovative companies in the world

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