- 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 -1.07% ,
- CF 1.36% ,
- EOG 0.82% ,
- FCX -0.24% ,
- HUM 0.26% ,
- LIN -0.11% ,
- ORLY -0.12% ,
- PSX -0.89% ,
- UNH 0.14%
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 0.28% in 4 of 6 portfolios
- GOOGL 1.57% MSFT 1.81% in 3 of 6 portfolios
- AMZN 0.93% META 1.67% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL 1.57% , META 1.67%
Consumer Discretionary: AMZN 0.93% , AZO -0.53% , GPC -1.22% , GRMN 0.20% , ORLY -0.12% , TSLA 3.66%
Consumer Staples: BF/B, MNST 0.49% , PG -0.53% , PM -0.85%
Energy: CVX 0.10% , DVN -0.08% , EOG 0.82% , PSX -0.89% , XOM -0.49%
Financials: ALL 0.18% , AXP 0.53%
Health Care: AMGN -1.07% , HUM 0.26% , UNH 0.14%
Information Technology: AAPL 0.28% , AMD 0.04% , AVGO -0.03% , CSCO -0.56% , KLAC -0.33% , MSFT 1.81% , NVDA 1.60% , PYPL 1.32% , QCOM -0.36%
Materials: CF 1.36% , FCX -0.24% , LIN -0.11%
Real Estate: AMT 0.34% , CCI 0.01% , EXR -1.06%
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 0.28% , ALL 0.18% , AMD 0.04% , AMGN -1.07% , AMT 0.34% , AMZN 0.93% , AVGO -0.03% , AXP 0.53% , AZO -0.53% , BF/B, CCI 0.01% , CF 1.36% , CSCO -0.56% , CVX 0.10% , DVN -0.08% , EOG 0.82% , EXR -1.06% , FCX -0.24% , GOOGL 1.57% , GPC -1.22% , GRMN 0.20% , HUM 0.26% , KLAC -0.33% , LIN -0.11% , META 1.67% , MNST 0.49% , MSFT 1.81% , NVDA 1.60% , ORLY -0.12% , PG -0.53% , PM -0.85% , PSX -0.89% , PYPL 1.32% , QCOM -0.36% , TSLA 3.66% , UNH 0.14% , XOM -0.49%
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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
