Top Names, 5/9/2024

Continuing our core strategy while updating our top names.

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 November 9th, 2023.

Over the next six months, our top ten names from November 2nd were up 52.3%, on average, versus up 20.39% for the SPDR S&P 500 Trust (SPY 0.00%↑).

Here’s how all of our top ten names cohorts since we started this Substack have performed so far over the next six months.

You can click here to see an interactive version of that table, where you can click on a date and see what are top names were then and how each of them did.

This Week’s Top Names

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