
Everything’s At A Record High
In this week’s issue of The Big Secret On Wall Street, we perform a brief market analysis and a comprehensive portfolio review on six of our holdings as well as offering actions to take.
In this week’s issue of The Big Secret On Wall Street, we perform a brief market analysis and a comprehensive portfolio review on six of our holdings as well as offering actions to take.
Each Friday, we provide an update on the current live tracking portfolio (as of the previous day’s closing prices), a summary of the last week of trading activity, and updates on any significant developments among the companies we have positions in.
On May 30, we launched The Trading Club to show subscribers exactly how safe trading strategies work using a live $100,000 trading account. As of Friday, August 15, we’re up 9.7% to $109,705 in the first 77 days, or a 55% annualized rate of return, with relatively low volatility along the way. Here is some background on the strategies that helped this performance.
The company we are recommending presents such a favorable risk/reward today because we can purchase the stock at a significant discount to the value of its legacy business alone – ignoring the hidden blockchain asset on its balance sheet altogether.
Editor’s Note: On Tuesdays we turn the spotlight outside of Porter & Co. to bring you exclusive access to the research, the thinking, and the investment ideas of the analysts Porter follows personally. If you’re new to Porter & Co. and want to find out more about Spotlight or want access to all past issues,
On May 30, we launched The Trading Club to show subscribers exactly how safe trading strategies work using a live $100,000 trading account. As of Friday, August 15, we’re up 9.7% to $109,705 in the first 77 days, or a 55% annualized rate of return, with relatively low volatility along the way.
Many investors believe the biggest mistake you can make is buying a stock that performs poorly. But those mistakes are not as bad as selling great businesses… or not buying them to begin with.
Each Friday, we provide an update on the current live tracking portfolio (as of the previous day’s closing prices), a summary of the last week of trading activity, and updates on any significant developments among the companies we have positions in.
Many beaten-down bonds deserve to be beaten down and never to recover. A smaller number of issuers, also beaten down, do have the wherewithal to make good on their obligations and strengthen their balance sheets.
We have added two new companies to our Best Buys list of stocks that we feel are at a price that investors should seize on now – a pharma company and a tech firm join the cutting-edge tobacco company.