Stock Track Final Presentation-Comments
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ST-F-RowLindsey.pptxStockTrak Final Presentation
Lindsey Row
Portfolio Summary Snapshots
I continued to be conservative with my investments in the second half of the course. Still diversified through share amounts and industries, I did not experience any significant losses.
Per the course, I ventured into mutual funds, bonds, cryptocurrencies and foreign stocks.
At the time of writing, my portfolio value is $1,046,332.06, with $1,049,450.00 buying power and a 4.66% rate of return.
Portfolio Summary Snapshots
One month comparison with S&P 500.
As you can see, my portfolio tracks pretty consistently with the S&P, but on multiple occasions my gains outperformed the S&P. You can also see that my losses were not as significant.
Week 4-7 Activity
Trades made: 24 (58 total)
Diversified by sector and share amounts
8+ industries
Shares range from 100-1,000
Different parts of the market outperform the others.
Top performer: ASML Holdings (ASML) +27,101.00
Worst performer: Amazon (AMZN) -27,763.48
I made 24 trades in the second half of the course.
Most of these were required buys in mutual funds, bonds, cryptocurrencies and foreign stocks.
I continued to see growth thanks to a diversified portfolio
Top performer in my portfolio was once again ASML, which is now up to $597.70 per share (purchased at $492).
I also purchased an additional 50 shares of ASML on 11/17/22
Worst performer was once again Amazon, which is now down to $89.09 per share (purchased at $118.28).
Week 4-7 Activity
Further diversification
Mutual funds
Bonds
Cryptocurrency
Foreign stocks
Sold non-performers
JNJ, SYK, CRM, ABT, RTX
For further diversification and per the course requirements, I ventured into mutual funds, bonds, cryptocurrency and foreign stocks.
I bought less than 100 shares of foreign stock as to not disrupt my growth in a significant way
I also tried to be conversative in my crypto buys - choosing coins were all relatively stable but undervalued.
I also sold some non-performing stocks. I wasn’t losing much with these shares but I was not gaining, either.
Current Retail Positions
Amazon (AMZN)
Target (TGT)
Bath & Body Work (BBWI)
Costco (COST)
Walgreens (WBA)
Target stock falls after Q3 earnings report, falling 13% in just one day (Ciminio, 2022).
Amazon continued to plummet - this was my biggest portfolio mistake by far. I regret hanging on through the remainder of the course.
Conversely, Target, who was once a top performer tanked after Q3 earnings were reported. “After the earnings report, Target stock fell 13% in one trading session. Now, the stock is heading for a 30% drop this year,” (Cimino, 2022). Target stock declining has also been attributed to less shoppers choosing the retailer due to inflation.
During the midterm presentation I mentioned by retail positions were satisfactory. At this time I would now consider them unsatisfactory and did not see the holiday increase I was hoping for.
Current profits from Walgreens and Bath & Body Works do not outweigh the losses from my other retail positions.
Healthcare Facilities & Services Positions
Merck & Co (MRK)
LabCorp (LH)
Quest Diagnostics (DGX)
Boston Scientific Corp. (BSX)
DaVita (DVA)
Intuitive Surgical Inc. (ISRG)
Moderna (MRNA)
Healthcare facilities and services was my assigned industry, which was beneficial because it is a very profitable industry.
Overall the industry has been much more violate in the second half of the course but my portfolio has remained stable.
I sold my shares of Abbott Laboratories (ABT) and Stryker Corp (SYK).
My own company, LabCorp took a hit in November and is struggling to recover.
Media & Tech Positions
Intel Corp. (INTL)
Netflix (NFLX)
Google (GOOGL)
My media and tech stocks remained relatively stable compared to the first half of the course.
I sold my shares of Salesforce.
Google has continued to underperform as I’ve lost -7.6%.
Netflix has actually experienced a bounce back from its losses.
Misc.
Caterpillar (CAT)
Goldman Sachs (GS)
Boeing (BA)
ASML Holding NV - New York Shares (ASML)
Schlumberger Ltd. (SLB)
These miscellaneous stocks are mostly construction/manufacturing/contractors/financial institutions.
Caterpillar continued to provide gains (19.62%), however my biggest win in this group continued to be ASML Holdings.
I also sold my non-performing Raytheon shares.
Schlumberger Limited took a hot around mid-November,a -13.13% loss for the month.
Market Conditions
Press and public relations
Netflix stock jumps after analyst upgrades from both Cowen and Wells Fargo
Moderna shares rose after sharing clinical trial results for its new COVID-19 booster
Caterpillar government defense contract
Geopolitical factors
Potential invasion of Taiwan (largest semiconductor manufacturer) by China
Sociopolitical factors
Customers cited choosing other retailers due to inflation affecting their shopping budget.
Target stock also took a deep dive this week as the company states sales have slowed in recent weeks.
Press and public relations have also affected a few of my stocks, including:
Netflix bounces back after analyst upgrades from both Cowen and Wells Fargo (Yahoo Finance, 2022).
Shares of Moderna (MRNA -3.98%) rose 4.6% on Monday after the drugmaker released encouraging clinical trial results for its new COVID-19 booster (Tenebruso, 2022).
Caterpillar got a big bump after it announced a $1.3 billion defense contract for construction equipment (Brest, 2022).
The biggest geopolitical influence has been on my biggest performer: ASML Holdings
The need for semiconductors, particularly in the US, is high. While Taiwan is the biggest global manufacturer of semiconductors, there has been a potential threat of China invading Taiwan. This caused trade partners and investors to be hesitant in inves investing in Taiwanese goods, which caused the stock price to drop. However, the threat of invasion has seemingly lifted due China’s poor economy and the inability to pull off such a military feat. The less risk of war has caused people to feel more confident in investing in Taiwanese goods.
Sociopolitical factors
Target cited a recent slow down of sales in recent weeks (Repko, 2022).
What Would I Change?
Not purchased any Amazon shares/waited until now to purchase
Waited longer to purchase ASML stock, shares went down before they went up
Made more required StockTrak task trades.
Overall I am happy with my final portfolio performance.
I would have either not purchased Amazon at all or waited until now to purchase my Amazon stock. While again, it’s likely to go up during the holiday season, so I could have made more of a profit by getting in now versus holding on through this long dip.
I would have also waited until now to purchase ASML stock, as it was another long dip I had to sit through.
Lastly, I should have read more carefully through the required StockTrak task trades before I made all of my portfolio decisions.
References
Tenebruso, J. (2022, November 14). Why moderna stock popped Today. The Motley Fool. Retrieved December 11, 2022, from https://www.fool.com/investing/2022/11/14/why-moderna-stock-popped-today/
Yahoo! (n.d.). Netflix stock jumps after upgrades from Cowen, Wells Fargo. Yahoo! Finance. Retrieved December 11, 2022, from https://finance.yahoo.com/video/netflix-stock-jumps-upgrades-cowen-205355481.html
Repko, M. (2022, November 17). Target warns of soft holiday quarter as profit tumbles and sales slow. CNBC. Retrieved December 11, 2022, from https://www.cnbc.com/2022/11/16/target-will-report-earnings-before-the-bell-heres-what-to-expect.html
