- 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 -0.70% ,
- CF 6.50% ,
- EOG 3.89% ,
- FCX -0.17% ,
- HUM 0.13% ,
- LIN -0.57% ,
- ORLY -1.25% ,
- PSX 0.52% ,
- UNH -1.75%
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 -1.43% in 4 of 6 portfolios
- GOOGL -0.46% MSFT -0.79% in 3 of 6 portfolios
- AMZN -0.54% META -1.37% in at least 2
- This reinforces our favorable view of FANG in 2H2022
37 Granny Shot Ideas:
Communication Services: GOOGL -0.46% , META -1.37%
Consumer Discretionary: AMZN -0.54% , AZO -1.11% , GPC -2.01% , GRMN -3.39% , ORLY -1.25% , TSLA 1.94%
Consumer Staples: BF/B, MNST -0.83% , PG -1.78% , PM 0.38%
Energy: CVX 0.77% , DVN 2.27% , EOG 3.89% , PSX 0.52% , XOM 2.30%
Financials: ALL -0.70% , AXP -3.42%
Health Care: AMGN -0.70% , HUM 0.13% , UNH -1.75%
Information Technology: AAPL -1.43% , AMD -1.77% , AVGO -2.66% , CSCO -1.55% , KLAC -0.84% , MSFT -0.79% , NVDA -2.12% , PYPL -5.12% , QCOM -2.21%
Materials: CF 6.50% , FCX -0.17% , LIN -0.57%
Real Estate: AMT -1.33% , CCI -2.03% , EXR -0.60%
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 -1.43% , ALL -0.70% , AMD -1.77% , AMGN -0.70% , AMT -1.33% , AMZN -0.54% , AVGO -2.66% , AXP -3.42% , AZO -1.11% , BF/B, CCI -2.03% , CF 6.50% , CSCO -1.55% , CVX 0.77% , DVN 2.27% , EOG 3.89% , EXR -0.60% , FCX -0.17% , GOOGL -0.46% , GPC -2.01% , GRMN -3.39% , HUM 0.13% , KLAC -0.84% , LIN -0.57% , META -1.37% , MNST -0.83% , MSFT -0.79% , NVDA -2.12% , ORLY -1.25% , PG -1.78% , PM 0.38% , PSX 0.52% , PYPL -5.12% , QCOM -2.21% , TSLA 1.94% , UNH -1.75% , XOM 2.30%
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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
