Top Names, 3/28/2024

Continuing our core strategy and updating our performance.

Our Core Strategy

Our core strategy is to buy equal dollar amounts of the Portfolio Armor web app’s top ten names, put trailing stops of 10%-15% on them, and replace them with names from the current week’s top ten when we get stopped out of a position.

A Top Names Performance Update

Before we get to this week’s top ten names, let’s look at the final, 6-month performance of our top ten names from September 28th.

Over the next six months, our top ten names were up 38.51% on average, versus up 22.56% for SPY.

That was the 29th top names cohort of 39 since we started this Substack that beat the market (PA top ten returns are on the left below; SPY returns on the right).

This Week’s Top Names

Below are Portfolio Armor’s current top ten names as of Thursday’s close.