Q3 2021 Rebalancing of Granny Shots

We select stocks for our Granny Shots portfolio based on their adherence to criteria from three tactical and three strategic thematic investing portfolios. The three strategic investing themes are the rise of AI/Automation, the rise of millennials, and inflation. These themes are considered to have investment horizons of 3-5 years. The tactical themes are our tilt toward Value, Seasonality, and the PMI Recovery. When a stock drops off our list, it isn’t necessarily a sell signal. However, it does mean the stock no longer qualifies for at least two of the six themes mentioned above.

Q3 2021 Rebalancing of Granny Shots

Let’s start with what we deleted from the list during this rebalancing, Dominion Energy (D -0.36% ), eBay inc. (EBAY -2.64% ), Edison International (EIX -0.89% ), Monster Beverage Corporation (MNST 2.51% ), Maxim Integrated Products (MXIM), Micron (MU -1.27% ), Altria Group Inc., (MO 0.26% ), and Sky Works Solutions (SWKS -0.54% ) were all removed from the Granny Shots list.

Q3 2021 Rebalancing of Granny Shots

Now we will highlight which investment themes resulted in the selection of our new Granny Shots. Firstly, four stocks qualified for the list by meeting the criteria for the tactical themes of value tilt and seasonality. These four stocks are NetApp (NTAP 0.26% ), Colgate-Palmolive Co (CL -1.32% ), Clorox Company (CLX -0.74% ), and the United Parcel Service (UPS N/A% ). We added retail stalwarts Target (TGT 1.28% ) and Lowes (LOW -0.04% ) for qualifying in the tactical value tilt theme and also for the strategic rise of AI/Automation theme. All additions qualified for two out of six investment themes.

Q3 2021 Rebalancing of Granny Shots

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