Our Best Ideas Portfolio Hits Record High, By Brian Nelson, CFA
Since the publication of the previous edition of our Best Ideas Newsletter July 15, we have widened the return outperformance over our benchmark by another 70 basis points. Our absolute return performance is now the highest it has ever been, garnering a nearly 37% overall return since inception (May 2011)! We are now outpacing the benchmark index (SPY) by over 28 percentage points (a new record) and continue to expect this strong performance to continue. Firms held in our Best Ideas portfolio (see page 8) offer substantial valuation upside, and our stock-selection methodology, the Valuentum Buying Index (see page 21), positions us well to identify the best potential entry and exit points on portfolio constituents, as well as other firms across our coverage universe.
As we had warned previously, investors that place too much emphasis on economic prognostications can be left behind as the market moves higher. Perhaps the…
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INSIDE THIS ISSUE
1 Our Best Ideas Portfolio Hits Record High
1 EDAC Posts 2Q Adjusted EPS of $0.31; Expects Huge Pratt Order in Back Half (ticker: EDAC)
5 Rio’s Short-term Weakness Creates an Interesting Opportunity (ticker: RIO)
6 July Retail Same-Store Sales Trends Look Positive (see article for tickers)
7 The US Housing Market Is Back (see article for tickers)
8 Our Best Ideas Portfolio (see article for tickers)
9 Precision Castparts Reports Strong Fiscal First Quarter Results; Aerospace and Power End Markets Remain Strong (ticker: PCP)
10 Ford Posts Record Quarter in North America But European Results Remain Weak (ticker: F)
11 Private Equity Consortium Said To Be In Talks to Take Ancestry.com Private in Deal Priced in the Mid-to-High $30s (ticker: ACOM)
11 Strong Growth Continues at Intuitive Surgical (ticker: ISRG)
14 Buffalo Wild Wings Reports Strong Revenue Growth But Weak Profitability Gains (ticker: BWLD)
14 Apple’s “Miss” Creates Intriguing Opportunity (ticker: AAPL)
16 Ideas for Your Radar
18 Featured Reports: PFE, TOT, SYNA
21 Our Stock-Selection Methodology