Scorecard Update: 5 Stocks I am Watching in a Turbulent Market
By JP GravittNov. 20 2020, Updated 1:09 p.m. ET
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% |
| Average Return | – | – | 4.79% | 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%!
Take-Two is still in a secular rising market and benefitted from positively received Activision (ATVI) and Electronic Arts (EA) reports.
We may talk about 5 new picks tomorrow, so make sure to check back tomorrow under the CEO Market Views tab of our website.
-JP Gravitt
