Telegram

Granny Shots Commentary

The best of the best

Thomas J. Lee

Head of Global Portfolio Strategy & Asset Allocation

Thomas J. Lee

Former J.P. Morgan Chief Equity Strategist from 2007 to 2014. Top-ranked analyst by Institutional Investor every year since 1998.

GRANNY SHOTS: Best bets in 2021 - Week 18

Below we’ve highlighted stocks that we recommend across at least two of our investment strategies for 2021. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are the “best of the best”Stocks which appear in multiple themes. Source: FSInsight Figure: Granny Shots Portfolio PerformanceMonthly. Source: FSInsight. FactSet as of 04/30/21 Figure: Intersection of investment recommendations by strategyAs of 04/30/21, Source: FSInsight, FactSet The stocks in the Granny Shots portfolio collectively outperformed the S&P 500 by 6,130 bps since its inception (S&P 500 is up 63.0% during the same period).

GRANNY SHOTS: Best bets in 2021 - Week 17

Below we’ve highlighted stocks that we recommend across at least two of our investment strategies for 2021. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are the “best of the best”Stocks which appear in multiple themes. Source: Fundstrat Figure: Granny Shots Portfolio PerformanceMonthly. Source: Fundstrat. FactSet as of 04/30/21 Figure: Intersection of investment recommendations by strategyAs of 04/30/21, Source: Fundstrat, FactSet The stocks in the Granny Shots portfolio collectively outperformed the S&P 500 by 6,210 bps since its inception (S&P 500 is up 61.0% during the same period).

GRANNY SHOTS: Best bets in 2021 - Week 16

Below we’ve highlighted stocks that we recommend across at least two of our investment strategies for 2021. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are the “best of the best”Stocks which appear in multiple themes. Source: FSInsight Figure: Granny Shots Portfolio PerformanceMonthly. Source: FSInsight. FactSet as of 04/22/21 Figure: Intersection of investment recommendations by strategyAs of 04/22/21, Source: FSInsight, FactSet The stocks in the Granny Shots portfolio collectively outperformed the S&P 500 by 6,250 bps since its inception (S&P 500 is up 59.2% during the same period).

Q2 2021 Rebalancing of Granny Shots

We have just done our quarterly rebalance of our Granny Shots portfolio. The stocks we pick are a combination of our strategic and tactical investment themes. Our strategic themes have a time horizon of three to five years, whereas our tactical themes have one of six to twelve months. This quarter we have made a noticeable adjustment to our portfolio; deleting thirteen names and adding nine. First we’ll discuss the deletions. We removed: $INTC, $KLAC, $AMAT, $LCRX, and $HPQ from the Information Technology sector.$TGT and $BBY from the Consumer Discretionary sector. $ATVI from the Communications Services sector.$XOM and $VLO from the Energy sector. $GL and $RF from the Financial sector.$GE from the Industrials sector. For the additions we have some strong names in sectors we’ve stayed away from for a while. We’re excited to add: $BIIB, $GILD, and $REGN from the Health Care sector.$MO from the Consumer Staples sector.$EIX and $D from the Utilities sector. $PSX from the Energy sector.$QRVO and $SWKS from the Information Technology sector.

FSInsight logo
150 East 52nd St, 3rd Floor, New York, NY 10022

Subscribe to our Free Weekly Report

An insitutional-grade report delivered to your inbox every week.

© 2021 FSInsight. All rights reserved. Developed by HANGAR115.

Illustrations by Karl Wimer.