Ring my bell…(sing along)
On April 26, I published an article entitled “5 Stocks I am Watching in a Turbulent Market.” Let’s take a look at how each pick has performed compared with the S&P 500:
|Stock||Closing Price on 4/26||Closing Price on 5/9
||Gain/(Loss)||Gain/(Loss) of S&P 500|
|Alibaba Group Holding Ltd. (BABA) [Paired with JD.com in post]||$173.90||$195.43||12.38%||1.16%|
|JD.Com Inc. (JD) [Paired with BABA in post]||$36.50||$37.14||1.75%||1.16%|
|AutoZone, Inc. (AZO)||$619.29||$658.33||6.30%||1.16%|
|Scotts Miracle-Gro Co. (SMG)||$83.45||$ 80.54||(3.49)%||1.16%|
|AT&T Inc. (T)||$33.10||$31.40||(5.14)%||1.16%|
|Take-Two Interactive Software, Inc. (TTWO)||$99.19||$115.99||16.94%||1.16%|
On average, the picks more than quadrupled the return of the S&P 500 over the 2 week span. We try and find stocks with outsized upside return for the risk that aren’t just Apple.
Alibaba had a nice quarter and outlook.
JD.com has a slight miss on the outlook, but was priced so.
Autozone benefitted from upgrades from Goldman Sachs and O’Reilly’s (ORLY) positive report.
Scott’s Miracle-Gro is having a late spring and a dilutive acquisition, but now trades at 18.8x NTM estimated earnings for 31% 2019 calendar earnings growth and a 2.6% dividend yield.
AT&T is more of a yield play that now yields almost 6.4%!
We may talk about 5 new picks tomorrow, so make sure to check back tomorrow under the CEO Market Views tab of our website.