Top Names, 3/7/2024
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 August 31st.
Top Names, 8/31/2023
A Top Names Performance Update Before we get to this week’s top ten names, let’s look again at the final, 6-month performance of our top ten names from February 23rd of this year (our next weekly top names cohort, from March 2nd, hasn’t quite finished yet).
Over the next six months, our top ten names were up a 30.71% on average, versus up 13.68% for SPY.
That was the 26th top names cohort of 36 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.
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