- 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 0.22% ,
- CF 0.84% ,
- EOG 1.06% ,
- FCX -0.94% ,
- HUM 0.16% ,
- LIN -1.06% ,
- ORLY 0.46% ,
- PSX 2.02% ,
- UNH -3.46%
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 -0.22% in 4 of 6 portfolios
- GOOGL -0.87% MSFT 1.33% in 3 of 6 portfolios
- AMZN -1.22% META -0.07% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL -0.87% , META -0.07%
Consumer Discretionary: AMZN -1.22% , AZO 0.98% , GPC -0.37% , GRMN -0.48% , ORLY 0.46% , TSLA 0.48%
Consumer Staples: BF/B, MNST 0.32% , PG -0.20% , PM 0.18%
Energy: CVX 1.31% , DVN 2.28% , EOG 1.06% , PSX 2.02% , XOM 0.41%
Financials: ALL 1.34% , AXP -1.94%
Health Care: AMGN 0.22% , HUM 0.16% , UNH -3.46%
Information Technology: AAPL -0.22% , AMD -0.19% , AVGO 0.71% , CSCO 0.68% , KLAC -1.87% , MSFT 1.33% , NVDA 1.70% , PYPL -3.73% , QCOM -0.28%
Materials: CF 0.84% , FCX -0.94% , LIN -1.06%
Real Estate: AMT 1.36% , CCI 1.18% , EXR 0.74%
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 -0.22% , ALL 1.34% , AMD -0.19% , AMGN 0.22% , AMT 1.36% , AMZN -1.22% , AVGO 0.71% , AXP -1.94% , AZO 0.98% , BF/B, CCI 1.18% , CF 0.84% , CSCO 0.68% , CVX 1.31% , DVN 2.28% , EOG 1.06% , EXR 0.74% , FCX -0.94% , GOOGL -0.87% , GPC -0.37% , GRMN -0.48% , HUM 0.16% , KLAC -1.87% , LIN -1.06% , META -0.07% , MNST 0.32% , MSFT 1.33% , NVDA 1.70% , ORLY 0.46% , PG -0.20% , PM 0.18% , PSX 2.02% , PYPL -3.73% , QCOM -0.28% , TSLA 0.48% , UNH -3.46% , XOM 0.41%
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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
