Top Names, 6/13/2024

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 December 7th.

Over the next six months, our top ten names from December 7th were up 51.72%, on average, versus up 17.01% for the SPDR S&P 500 Trust (SPY 0.00%↑).

So far, we have 6-month returns for 50 weekly top names cohorts since we started this Substack at the end of December, 2022.

And as you can see above, our top names have averaged returns of 23.31% over the next six months, versus SPY’s average of 12.72%. You can see an interactive version of the table above here, where you can click on each date and see a chart showing each of the holdings that week.

This Week’s Top Names

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