Diversification Pays Off for the Holiday Portfolio

Let the summer fun begin.

On this Memorial Day, it's time once again to take a look at TheStreet.com's Holiday Portfolio.

Given the stock market's impressive strength, I'd expect the performance of this diversified basket of five equities to correlate roughly with market averages. And, well, that's essentially what happened.

The portfolio's energy component has helped boost the results, while weakness in real estate and the major bank holding have kept the overall performance about in line with the broader market. ...