Top Names, 2/15/2024

Continuing our core strategy while 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 Personal Performance Update

Here’s how the current names in my version of our core strategy are doing since I bought them so far (these are ranked alphabetically by stock symbol, the order they appear in my account):

*Return as of Tuesday, when I got stopped out. I was going to replace Fabrinet (FN 0.00%↑) with one of last week’s top names, Marathon Digital (MARA 0.00%↑), but it ran up before I bought it.

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 August10th.

Over the next six months, our top ten names were up 35.94% on average, versus up 13.26% for SPY.

That was the 23rd top names cohort of 33 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.