OK, you are bullish. You think that the stock market has now shaken off its slumber. You believe that we will have growth, but not a huge amount of growth in the world. Guess what? I have a portfolio, an all-gunner portfolio that includes the wildest traders of all time.
I've done this a couple of times before, mainly with the CANDIES, which stood for Chipotle (CMG), Amazon.com (AMZN), Netflix (NFLX), Deckers (DECK), Intuitive Surgical (ISRG), Express Scripts (ESRX) and Salesforce.com (CRM) and FADS CAN, which stood for F5 Networks (FFIV), Apple (AAPL), Deckers, Salesforce.com, Chipotle, Amazon and Netflix.
The original CANDIES names were introduced on June 3 2010. We continued to come back to them consistently, though updated them to FADS CAN in November of that year, dropping Intuitive Surgical and Express Scripts to be replaced by F5 and Amazon. All of these names, with the exception of AMZN, faltered significantly during the journey since 2010. But they are all (with the notable exception of ISRG) coming back from the dead.
The CANDIES acronym highlighted the sweet high growth of these names. When we switched to FADS CAN at the end of 2011, the idea was to drop ISRG and ESRX (both good calls as ISRG growth was in question and ESRX, while well positioned, doesn't have the same hyper growth it used to). The FADS CAN acronym implied that the names in our index were NOT fads, they had long-term lasting outsized growth that were not flashes in the pan.