|Day Low/High||90.86 / 92.20|
|52 Wk Low/High||61.10 / 98.47|
Markets are finally coming to grips with the disconnect between the domestic economy, earnings expectations and valuations.
We scaled into 2 positions this week, as the market declined on political and earnings uncertainties.
Earnings matter when investing in stocks that benefit from infrastructure spending. Each of these 6 infrastructure stocks had bull-market gains since the election, but 5 now have technical corrections.
Several positions were big movers last week, helping the portfolio easily outperform.
We trimmed 3 positions last week as the market took a pause ahead of the Fed meeting.
Markets moved lower for the week, as a solid jobs report paved the way for a Fed rate hike next Wednesday.
Markets moved lower for the week, while a solid jobs report paved the way for a Fed rate hike next Wednesday.
The Fed has some conflicting data to grapple with ahead of next week's meeting.
We remain long-term bullish on each of the stocks given their respective tailwinds.
Portfolio positions continued to do well as a March rate hike looks more likely.
We initiated 2 new portfolio positions this week, as odds for a March rate hike increased.
The investment rationale behind today's Dycom Industries' initiation.
We are initiating positions in Universal Display and Dycom Industries.
Here are Thursday's top research calls, including upgrades for Estee Lauder and Exxon Mobil, and downgrades for Trip Advisor and Dycom.
The portfolio continues to see substantial gains from several positions in this high-flying market.
GS holding OLED popped an additional 12% -- but it's not the only position soaring this year.
We trimmed 2 portfolio positions and raised price targets on 2 other names last week.
Several portfolio holdings continued to climb higher with the broader market last week.
Where's the infrastructure funding, President Trump?
A majority of Growth Seeker's positions outperformed the market last week, but we continue to keep an eye on valuation.
The portfolio had several outperformers during the first week of the new president's term.
But we're watching to see how the weather will affect construction efforts.
A review of these 2 portfolio names in light of Trump policy maneuvers and upcoming earnings reports.