- 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:
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 0.38% in 4 of 6 portfolios
- GOOGL 1.52% MSFT 0.58% in 3 of 6 portfolios
- AMZN 1.47% META 3.81% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL 1.52% , META 3.81%
Consumer Discretionary: AMZN 1.47% , AZO 2.51% , GPC 1.87% , GRMN 0.28% , ORLY 2.40% , TSLA 0.34%
Consumer Staples: BF/B, MNST 2.16% , PG 1.03% , PM 4.20%
Energy: CVX -0.81% , DVN -0.31% , EOG -1.05% , PSX 0.70% , XOM -1.13%
Financials: ALL 0.13% , AXP 1.89%
Health Care: AMGN 2.17% , HUM 3.79% , UNH 2.44%
Information Technology: AAPL 0.38% , AMD -4.40% , AVGO 2.25% , CSCO N/A% , KLAC 0.81% , MSFT 0.58% , NVDA -2.82% , PYPL 1.22% , QCOM -1.28%
Materials: CF 0.03% , FCX 0.88% , LIN 0.19%
Real Estate: AMT 0.11% , CCI 0.43% , EXR 1.55%
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 0.38% , ALL 0.13% , AMD -4.40% , AMGN 2.17% , AMT 0.11% , AMZN 1.47% , AVGO 2.25% , AXP 1.89% , AZO 2.51% , BF/B, CCI 0.43% , CF 0.03% , CSCO N/A% , CVX -0.81% , DVN -0.31% , EOG -1.05% , EXR 1.55% , FCX 0.88% , GOOGL 1.52% , GPC 1.87% , GRMN 0.28% , HUM 3.79% , KLAC 0.81% , LIN 0.19% , META 3.81% , MNST 2.16% , MSFT 0.58% , NVDA -2.82% , ORLY 2.40% , PG 1.03% , PM 4.20% , PSX 0.70% , PYPL 1.22% , QCOM -1.28% , TSLA 0.34% , UNH 2.44% , XOM -1.13%
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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
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