Our Buy List Through November 18

Through today’s trading, our Buy List is up 4.09% for the year while the S&P 500 is up 1.20%. Those numbers don’t include dividends but I will calculate those in our final performance numbers. Very roughly, dividends will add about 2% to the full-year return for the S&P 500, and about 1% for our Buy List.

I’m pleased that our Buy List is beating the market this year, but I wanted to point out that our lead has eroded since the summer. On August 20, our Buy List was up 5.21% on the year while the S&P 500 was down by 1.13%.

Since August 20, the S&P 500 is up 2.35% while we’re down 1.07%. Again, sans dividends. That’s hardly earth-shattering underperformance, but I always want to present the complete picture of our performance.

So what’s been dragging us down? It’s pretty easy to identify because four stocks stand out. Since August 20, Bed Bath & Beyond is down 13.84%, Ross Stores is off by 15.98%, Wabtec is down 19.76% and Qualcomm is down 20.20%. Ouch! Outside those four, the rest of the portfolio has been doing well.

I’m confident that we’ll beat the market again this year, but we’ve lagged a bit over the last three months.

Posted by on November 18th, 2015 at 5:43 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.