- 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 -0.44% in 4 of 6 portfolios
- GOOGL -1.99% MSFT -0.02% in 3 of 6 portfolios
- AMZN 0.70% META 0.58% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL -1.99% , META 0.58%
Consumer Discretionary: AMZN 0.70% , AZO 1.21% , GPC 1.30% , GRMN -1.38% , ORLY 2.22% , TSLA -3.59%
Consumer Staples: BF/B, MNST 5.19% , PG 0.58% , PM 2.00%
Energy: CVX 1.36% , DVN 3.92% , EOG 0.39% , PSX -0.18% , XOM 2.50%
Financials: ALL 2.16% , AXP 0.97%
Health Care: AMGN 1.48% , HUM 0.55% , UNH 1.07%
Information Technology: AAPL -0.44% , AMD -1.56% , AVGO -1.43% , CSCO 0.13% , KLAC -1.08% , MSFT -0.02% , NVDA 0.53% , PYPL -0.05% , QCOM -1.44%
Materials: CF 0.71% , FCX 2.62% , LIN 0.74%
Real Estate: AMT 0.13% , CCI 1.97% , EXR 1.62%
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 -0.44% , ALL 2.16% , AMD -1.56% , AMGN 1.48% , AMT 0.13% , AMZN 0.70% , AVGO -1.43% , AXP 0.97% , AZO 1.21% , BF/B, CCI 1.97% , CF 0.71% , CSCO 0.13% , CVX 1.36% , DVN 3.92% , EOG 0.39% , EXR 1.62% , FCX 2.62% , GOOGL -1.99% , GPC 1.30% , GRMN -1.38% , HUM 0.55% , KLAC -1.08% , LIN 0.74% , META 0.58% , MNST 5.19% , MSFT -0.02% , NVDA 0.53% , ORLY 2.22% , PG 0.58% , PM 2.00% , PSX -0.18% , PYPL -0.05% , QCOM -1.44% , TSLA -3.59% , UNH 1.07% , XOM 2.50%
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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
