|Name||Symbol||Last price||Shares||Mkt value||Gain||Return %|
|Veeva Systems Inc||VEEV||$66.82||72.57||$4,849.19||$1,277.76||35.78%|
|Lam Research Corporation||LRCX||$155.12||28.23||$4,378.89||$807.47||22.61%|
|Paycom Software Inc||PAYC||$65.96||65.37||$4,311.80||$740.37||20.73%|
|Activision Blizzard, Inc.||ATVI||$58.28||72.99||$4,253.73||$682.30||19.10%|
|Momo Inc (ADR)||MOMO||$39.14||107.93||$4,224.45||$653.02||18.28%|
|Applied Materials, Inc.||AMAT||$45.50||92.52||$4,209.70||$638.27||17.87%|
|TAL Education Group (ADR)||TAL||$119.27||33.67||$4,016.04||$444.61||12.45%|
|Microchip Technology Inc.||MCHP||$81.70||49||$4,003.33||$431.90||12.09%|
|Arista Networks Inc||ANET||$146.45||27.08||$3,966.39||$394.96||11.06%|
|Alibaba Group Holding Ltd||BABA||$123.99||31.47||$3,901.51||$249.06||4.27%|
|Paypal Holdings Inc||PYPL||$51.19||76.17||$3,899.14||$118.54||3.14%|
|IDEXX Laboratories, Inc.||IDXX||$167.56||23.25||$3,896.47||$325.05||9.10%|
|Medidata Solutions Inc||MDSO||$72.70||53.26||$3,872.00||$151.11||4.06%|
|PRA Health Sciences Inc||PRAH||$72.37||53.09||$3,842.12||$121.38||3.26%|
|New Oriental Education & Tech Grp (ADR)||EDU||$73.43||51.72||$3,797.80||$77.54||2.08%|
|Ulta Beauty Inc||ULTA||$302.40||12.42||$3,755.81||$35.56||0.67%|
|Dave & Buster’s Entertainment, Inc.||PLAY||$66.05||56.82||$3,752.64||$100.20||2.74%|
|Fox Factory Holding Corp||FOXF||$33.20||112.66||$3,740.31||$19.80||0.53%|
|Cirrus Logic, Inc.||CRUS||$66.43||56.25||$3,736.89||$84.44||2.31%|
|Taiwan Semiconductor Mfg. Co. Ltd. (ADR)||TSM||$35.51||104.83||$3,722.51||$1.72||0.05%|
On May 30, 2017, we will be selling the positions in LOGM,MOMO,ULTA,MDSO,FOXF and will be buying SYK,MELI,CBOE,TRU and ALGN.
Happy investing..the monkey way!
Two months have passed since MM portfolio was created on March 27, 2017. One curious informtion most of you would like to know is who are the top winners and the losers. Here you go:
Top 5 Winners
|Veeva Systems Inc||VEEV||35.78%|
|Lam Research Corporation||LRCX||22.61%|
|Align Technology, Inc.||ALGN||21.39%||Closed|
|Paycom Software Inc||PAYC||20.73%|
Top 5 Losers
|NetEase Inc (ADR)||NTES||-7.44%||Closed|
Performance Since Inception on March 27, 2017
S&P 500 : 3.72%
MM Portfolio : 11.62%
Weekly Performance for week ending May 26, 2017
S&P 500 : 1.46%
MM Portfolio :1.68%
This week saw ups and downs – some stocks went down drastically, while others went up drastically. Notable one that went down is MOMO which lost 12% for the week. At the same time, VEEV gained around 9%. Both of these stocks can tell you the bad luck and good luck associated with picking individual stocks. MOMO was high flying and if you bought that stock last Friday, you would have lost 12% by today. But, if you picked VEEV, you could have gained 9% in a week’s time. It is hard to find out which stock will go up and which will go down. That is why we created this portfolio that contains a very selected set of 28 stocks. I would say, hand-picked or cherry-picked.
Due to the efforts put in creating this wonderful portfolio, MM Portfolio gained 1.68% for this week. In 9 weeks, MM Portfolio gained a I-jump-up-and-down-with-excitement 11.62% whereas S&P 500 gained only 3.72%. When did you get that type of gain?
Invest carefully. But, invest.
|Name||Symbol||Last price||Shares||Mkt value||Total Return|
|Ulta Beauty Inc||ULTA||294.08||12.42||3652.47||-0.75%|
|IDEXX Laboratories, Inc.||IDXX||161.63||23.25||3758.58||5.24%|
|Arista Networks Inc||ANET||144.07||27.08||3901.93||9.25%|
|Lam Research Corporation||LRCX||152.4||28.23||4302.11||20.46%|
|Alibaba Group Holding Ltd||BABA||123.22||31.47||3877.28||3.93%|
|TAL Education Group (ADR)||TAL||123.75||33.67||4166.89||16.67%|
|Global Payments Inc||GPN||90.04||42.25||3804.19||2.26%|
|CBOE Holdings, Inc||CBOE||85.04||43.91||3734.11||0.37%|
|Microchip Technology Inc.||MCHP||80.18||49||3928.85||10.01%|
|New Oriental Education & Tech Grp (ADR)||EDU||71.7||51.72||3708.32||-0.32%|
|PRA Health Sciences Inc||PRAH||69.93||53.09||3712.58||-0.22%|
|Medidata Solutions Inc||MDSO||70.68||53.26||3764.42||1.17%|
|Cirrus Logic, Inc.||CRUS||64.7||56.25||3639.57||-0.35%|
|Dave & Buster’s Entertainment, Inc.||PLAY||66.7||56.82||3789.57||3.75%|
|Paycom Software Inc||PAYC||64.89||65.37||4241.85||18.77%|
|Veeva Systems Inc||VEEV||60.31||72.57||4376.75||22.55%|
|Activision Blizzard, Inc.||ATVI||55.88||72.99||4078.56||14.20%|
|Applied Materials, Inc.||AMAT||44.08||92.52||4078.32||14.19%|
|Taiwan Semiconductor Mfg. Co. Ltd. (ADR)||TSM||35.2||104.83||3690.02||-0.83%|
|Momo Inc (ADR)||MOMO||43.58||107.93||4703.66||31.70%|
|Fox Factory Holding Corp||FOXF||32.4||112.66||3650.18||-1.89%|
On Monday, May 22nd, we will be selling CBOE and GPN from our portfolio and buying SINA (Sina.com) and PYPL (PayPal) from the proceeds. As we discussed in my past posts, the proceeds from the selling is equally divided among the new securities. You may or may not be able to equally divide them since the price of the securities fluctuate and the price at which you bought the stock might be slightly different than the price you used for calculation. This is OK in the large scheme of things.
Happy investing..the monkey way!
Performance Since Inception on March 27, 2017
S&P 500 : 2.26%
MM Portfolio : 9.94%
Weekly Performance for week ending May 19, 2017
S&P 500 : –0.39%
MM Portfolio :0.82%
This week witnessed the largest drop in major indexes for the last 8 months. Though stocks recovered, S&P 500 still lost -0.39%. The main reason attributed for the loss was turmoil in Washington DC related with Trump’s presidency and his recent decisions. The media writes that investors are worried that these distractions will not allow him to do his much awaited reforms that would energize companies and stock market. It could be true, it could be false. Now a days, you cannot trust the financial media much. They have become a place for rubbish opinions from the so-called experts.
Irrespective of all that happened this week, MM Portfolio gained 0.82%. In 8 weeks, MM Portfolio gained a mouth-watering 9.94% whereas S&P 500 gained only 2.26%. That is almost 4 times the performance of S&P 500.
Taking a decision on investing in stocks is not easy for everyone. You always worry about the risks. You have to think multiple times before you invest in stock market if you are in need of money in the very near future. Also, at the same time, if you do not act in time, the opportunity to make a profit will be gone.
Can I invest using this portfolio if I am starting today?
Very good question. The answer is yes. We evaluate the stocks on a weekly basis. Out of the thousands of US and US listed foreign stocks available there, we hand pick the 28 best stocks in our view. It takes time, but, it is worth it. So, you can use this portfolio at any time. Make sure, you read the blog before Monday to check and see if there are any changes in the stocks.
Don’t forget to ask more questions..I will try to answer them here if I have enough time.
Happy investing, folks! The monkey way…
A picture is worth more than 1000 words or probably more than 1000 dollars. Here is the performance of the portfolio since March 27 when it was formed. Also, comparison against S&P 500 performance during that period. S&P 500 number is slightly off since I took the opening price of S&P 500 on March 27 and the graph uses the S&P 500 price on the previous market close.
|Name||Symbol||Last price||Shares||Mkt value||Gain||% Return|
|Advanced Energy Industries, Inc.||AEIS||$77.59||54.1||$4,197.40||$625.97||17.53%|
|TAL Education Group (ADR)||TAL||$127.97||33.67||$4,308.98||$737.56||20.65%|
|Microchip Technology Inc.||MCHP||$79.00||49||$3,871.03||$299.60||8.39%|
|Applied Materials, Inc.||AMAT||$43.44||92.52||$4,019.11||$447.68||12.54%|
|Lam Research Corporation||LRCX||$149.58||28.23||$4,222.51||$651.08||18.23%|
|Priceline Group Inc||PCLN||$1,818.18||2.05||$3,725.83||$154.40||4.32%|
|IDEXX Laboratories, Inc.||IDXX||$163.22||23.25||$3,795.55||$224.12||6.28%|
|Veeva Systems Inc||VEEV||$56.34||72.57||$4,088.65||$517.22||14.48%|
|Activision Blizzard, Inc.||ATVI||$56.01||72.99||$4,088.05||$516.62||14.47%|
|Arista Networks Inc||ANET||$146.82||27.08||$3,976.41||$404.98||11.34%|
|Momo Inc (ADR)||MOMO||$40.14||107.93||$4,332.38||$760.95||21.31%|
|Alibaba Group Holding Ltd||BABA||$120.34||31.47||$3,786.65||$134.21||2.68%|
|Align Technology, Inc.||ALGN||$138.67||30.01||$4,161.23||$727.50||21.19%|
|Cirrus Logic, Inc.||CRUS||$63.98||56.25||$3,599.07||$(53.38)||-1.46%|
|Dave & Buster’s Entertainment, Inc.||PLAY||$66.03||56.82||$3,751.51||$99.06||2.71%|
|Zebra Technologies Corp.||ZBRA||$99.64||38.47||$3,833.51||$181.06||4.96%|