- Granny Shots October Quarterly rebalance today
- see below for adds and deletes
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37 GRANNY SHOTS: Adding 9 Stocks. YTD outperformance +362bp
Today is the October quarterly rebalance of our Granny Shots portfolio. The Granny Shots is a list of our core stock holdings, using 6 thematic/quantitative portfolios and is designed to identify long-term EPS growers. Since inception in 2019, Granny Shots has outperformed every year:
- 2019 +879bp
- 2020 +3,015bp
- 2021 +392bp
- 2022 +362bp YTD
9 rebalance additions are:
- AMGN -1.37% ,
- CF 0.78% ,
- EOG 1.61% ,
- FCX 1.57% ,
- HUM 0.09% ,
- LIN 0.79% ,
- ORLY -1.30% ,
- PSX 3.45% ,
- UNH -1.40%
5 rebalance deletions are:
Below are the 2-year stock charts for the 9 additions.
37 GRANNY SHOTS: Updated list is below
The revised 37 Granny shots are shown below. The list is sorted by the most attractive (most frequently cited) to least. To be a “Granny shot” the stock needs to appear in at least two portfolios:
- AAPL 0.64% in 4 of 6 portfolios
- GOOGL 1.99% MSFT 0.85% in 3 of 6 portfolios
- AMZN 1.70% META 0.19% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL 1.99% , META 0.19%
Consumer Discretionary: AMZN 1.70% , AZO -1.89% , GPC 1.40% , GRMN 1.14% , ORLY -1.30% , TSLA 2.95%
Consumer Staples: BF/B, MNST -1.42% , PG -0.40% , PM -1.92%
Energy: CVX 1.27% , DVN 5.61% , EOG 1.61% , PSX 3.45% , XOM 1.40%
Financials: ALL -0.71% , AXP 2.69%
Health Care: AMGN -1.37% , HUM 0.09% , UNH -1.40%
Information Technology: AAPL 0.64% , AMD 1.48% , AVGO 1.41% , CSCO 0.20% , KLAC 1.14% , MSFT 0.85% , NVDA 0.27% , PYPL 2.43% , QCOM 0.62%
Materials: CF 0.78% , FCX 1.57% , LIN 0.79%
Real Estate: AMT -0.73% , CCI -1.40% , EXR 0.14%
SEASONALITY: The 8 groups most attractive for next 6 months
There is an element of seasonality for Granny Shots and our rebalance highlights these 8 groups as most attractive:
- Automotive Retail
- Managed Health Care
- Semiconductor Equipment
- Construction Machinery & Heavy Trucks
- Copper
- Application Software
- Fertilizers & Agricultural Chemicals
- Oil & Gas Refining & Marketing
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37 Granny Shot Ideas: AAPL 0.64% , ALL -0.71% , AMD 1.48% , AMGN -1.37% , AMT -0.73% , AMZN 1.70% , AVGO 1.41% , AXP 2.69% , AZO -1.89% , BF/B, CCI -1.40% , CF 0.78% , CSCO 0.20% , CVX 1.27% , DVN 5.61% , EOG 1.61% , EXR 0.14% , FCX 1.57% , GOOGL 1.99% , GPC 1.40% , GRMN 1.14% , HUM 0.09% , KLAC 1.14% , LIN 0.79% , META 0.19% , MNST -1.42% , MSFT 0.85% , NVDA 0.27% , ORLY -1.30% , PG -0.40% , PM -1.92% , PSX 3.45% , PYPL 2.43% , QCOM 0.62% , TSLA 2.95% , UNH -1.40% , XOM 1.40%
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The Granny Shots page will be updated shortly. See above for more details.
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Monday
SKIP TUESDAY
Wednesday
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