Recently there have been some sales and a few of the portfolios are looking at possible incremental investments.
Note that there are very few “bargain” stocks out there. One that I thought was a relative bargain was Rocket Mortgages (RKT) and then it was pumped up so we ended up taking some short-term profits which we normally don’t do. Some stocks we are considering:
US Companies
- Nike (NKE) – the global footwear and clothing retailer saw significant price increase in 2020 but has fallen about 10% off its all-time high.
- Etsy (ETSY) – the platform for twee e-commerce also had a recent drop after a big run-up and it is down about 17% off its all-time high.
- Twitter (TWTR) – Twitter recently owned up to its poor performance (like Kraft Heinz) and started a new plan to become more profitable and “win over” the market. There was a run up earlier in the year but it is down about 17% from 52 week highs
- Chevron (CVX) – the giant energy company is attempting to take over the lead position from Exxon Mobil (XOM) in the energy space. Their stock is trading near 52 week highs
- Microstrategy (MSTR) – Microstrategy is a company in the data analytics space that has been around for many years and is not growing. However, they recently decided to borrow money on the bond markets and invest it in Bitcoin and today that makes up about $5B of their $7B market cap. This is an interesting way to play the crypto markets
- Honeywell (HOM) – Honeywell is a US controls manufacturer that is benefiting from “edge” and “quantum” computing. As a result, their stock is near a 52 week high
- Berkshire Hathaway (BRK) – the holding company controlled by Warren Buffet has been under-performing the S&P 500 for over a decade but may be positioned to rise as value stocks come to the fore. The stock is at an all time high
Non-US Companies
- Sea Limited (SE) – is a Singapore internet, mobile and gaming platform. It has also pulled back recently and is down about 17% from highs (this is the US ADR of the foreign stock)
- L’Oreal (LRLCY) – the global makeup brand has embraced digital and direct sales and is doing well despite covid (the is the US ADR for the foreign stock). The stock is trading near its all-time high
- Kraft Heinz (KHC) – the global snack company was selected as a value stock previously and although it has increased in price may still have room to increase. The stock is trading near its recent 52 week highs
Previous Holding Candidates
The stocks that have driven the most value in the portfolio that are not bought across all the portfolio (because every beneficiary selects individually) are:
- Electronic Arts (EA) – videogames
- Mastercard (MA) – electronic payments and credit cards
- CME Group (CME) – financial services
- Alibaba (BABA) – Chinese e-commerce giant
- Nvidia (NVDA) – semiconductors
- OKTA (OTKA) – SAAS provider of security services
- Paypal (PYPL) – electronic payments
- Procter & Gamble (PG) – iconic brand company
- Taiwan Semi-Conductor (TSM) – Asian chip giant
- Union Pacific (UNP) – railways
- Facebook (FB) – social media platforms
- TESLA (TSLA) – electric cars
- Wal-Mart (WMT) – massive retailer
- Cloudflare (NET) – new cloud stock with potential
- Gold ETF (IAU) – tracks price of gold