"Last Word"-Santa's Stocks Soar
Monday, December 17, 2007SUSIE GHARIB: It appears market volatility has been good for Santa's portfolio. So says the Amegy Bank of Texas, which keeps track of Kris Kringle's hypothetical holdings each year. Tech stocks topped Santa's nice list. His shares of Apple, Garmin, GameStop, Google and Nintendo all posting nice gains. The big winner on his list: Amazon. But Santa's not laughing all the way. His shares of retailers Kohl's, Macys and Nordstrom were all down sharply this year. Santa's portfolio still managed to beat the street, Paul, up 28 percent from this time last year. And in a year like this, I guess you could call that a real miracle on Wall Street.





