- 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 0.67% ,
- CF 0.55% ,
- EOG 0.08% ,
- FCX 2.56% ,
- HUM N/A% ,
- LIN -0.75% ,
- ORLY -1.24% ,
- PSX 1.29% ,
- UNH -2.21%
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 -0.01% in 4 of 6 portfolios
- GOOGL -0.19% MSFT -2.72% in 3 of 6 portfolios
- AMZN -4.39% META -0.75% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL -0.19% , META -0.75%
Consumer Discretionary: AMZN -4.39% , AZO -0.71% , GPC -0.40% , GRMN 0.03% , ORLY -1.24% , TSLA -2.07%
Consumer Staples: BF/B, MNST 1.48% , PG 0.80% , PM 2.02%
Energy: CVX -0.78% , DVN 2.28% , EOG 0.08% , PSX 1.29% , XOM 1.15%
Financials: ALL 0.36% , AXP 0.79%
Health Care: AMGN 0.67% , HUM N/A% , UNH -2.21%
Information Technology: AAPL -0.01% , AMD -4.45% , AVGO -0.84% , CSCO -0.53% , KLAC -0.92% , MSFT -2.72% , NVDA -2.88% , PYPL -2.13% , QCOM -1.01%
Materials: CF 0.55% , FCX 2.56% , LIN -0.75%
Real Estate: AMT 0.60% , CCI 0.54% , EXR -0.16%
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 -0.01% , ALL 0.36% , AMD -4.45% , AMGN 0.67% , AMT 0.60% , AMZN -4.39% , AVGO -0.84% , AXP 0.79% , AZO -0.71% , BF/B, CCI 0.54% , CF 0.55% , CSCO -0.53% , CVX -0.78% , DVN 2.28% , EOG 0.08% , EXR -0.16% , FCX 2.56% , GOOGL -0.19% , GPC -0.40% , GRMN 0.03% , HUM N/A% , KLAC -0.92% , LIN -0.75% , META -0.75% , MNST 1.48% , MSFT -2.72% , NVDA -2.88% , ORLY -1.24% , PG 0.80% , PM 2.02% , PSX 1.29% , PYPL -2.13% , QCOM -1.01% , TSLA -2.07% , UNH -2.21% , XOM 1.15%
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The Granny Shots page will be updated shortly. See above for more details.
We publish on a 3-day a week schedule:
Monday
SKIP TUESDAY
Wednesday
SKIP THURSDAY
Friday
