The Eddy Effect

I unveiled my new buys for this year two weeks ago. While the Buy List doesn’t take effect until the new year, the five new stocks have performed rather well.

Since I announced the new stocks, Biogen (BIIB) has rallied 3.1% and Alliance Data Systems (ADS) is up 2.8%. But the big winner is HEICO (HEI) which jumped 9.4%. Stericycle (SRCL) rose 1.6%. The only loser was Cerner (CERN) which fell 0.3%.

Over the final nine trading days of the new year, those five stocks posted an average gain of 3.31% while the S&P 500 gained just 0.1%.

Unfortunately, none of this counts towards our track record. I wouldn’t say this was the effect of me adding those stocks. (At dinner parties, of course, I’ll take full credit.) But HEICO, for example, was clearly helped by an upgrade from BAML.

Posted by on January 1st, 2016 at 4:42 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.