October Rebalancing and Two New Buys


Market Signal: Green

October is here and due to the rebalancing on the first Tuesday of the month, a few positions had to be reduced. The rebalancing initiated no new buys. Two new stocks were purchased with the proceeds of the rebalancing.

Disclaimer

This week’s ranking / Preview.

  • Reduced (Rebalancing)

    • APAM
    • FDX
    • HIBB
    • LGIH
    • PYPL
    • WST
  • Bought:

    • TOL (Toll Brothers Inc (S&P 400))
    • IBP (Installed Building Produc (Barrons 400))

Current portfolio (finviz):

Symbol Name Index Sector MC Dist to 52w High pct
AAPL Apple Inc. S&P 500 Technology 1.97T -15.6% 4.3%
IDXX IDEXX Laboratories, Inc. S&P 500 Healthcare 33.27B -3.8% 4.1%
MAS Masco Corporation S&P 500 Basic Materials 14.53B -6.8% 3.9%
UPS United Parcel Service, Inc. S&P 500 Industrials 148.28B -1.6% 3.9%
DE Deere & Company S&P 500 Industrials 71.64B -1.8% 3.7%
WHR Whirlpool Corporation S&P 500 Consumer Cyclical 11.96B -0.6% 3.6%
FDX FedEx Corporation S&P 500 Industrials 68.72B -1.4% 3.3%
WST West Pharmaceutical Services, Inc. S&P 500 Healthcare 21.67B -2.2% 3.3%
APAM Artisan Partners Asset Management Inc. Barrons 400 Financial Services 3.1B -2.1% 3.2%
CARR Carrier Global Corporation S&P 500 Industrials 27.77B -1.2% 3.2%
FCX Freeport-McMoRan Inc. S&P 500 Basic Materials 24.02B -6.7% 3.1%
GNRC Generac Holdings Inc. S&P 400 Industrials 13.08B -2.5% 3.1%
HBI Hanesbrands Inc. S&P 500 Consumer Cyclical 5.87B -2.1% 3.0%
DAR Darling Ingredients Inc. S&P 400 Consumer Defensive 6.23B -1.4% 3.0%
CMG Chipotle Mexican Grill, Inc. S&P 500 Consumer Cyclical 35.79B -9.5% 2.9%
VEEV Veeva Systems Inc. Barrons 400 Technology 43.1B -6.8% 2.9%
PDCO Patterson Companies, Inc. S&P 400 Healthcare 2.45B -17.1% 2.8%
IBP Installed Building Products, Inc. Barrons 400 Industrials 3.23B -1.6% 2.8%
PYPL PayPal Holdings, Inc. S&P 500 Financial Services 230.82B -7.3% 2.7%
MTH Meritage Homes Corporation Barrons 400 Consumer Cyclical 4.22B -3.4% 2.7%
DHI D.R. Horton, Inc. S&P 500 Consumer Cyclical 27.5B -3.9% 2.7%
FSLR First Solar, Inc. S&P 400 Technology 7.77B -12.7% 2.7%
TOL Toll Brothers, Inc. S&P 400 Consumer Cyclical 6.12B -2.7% 2.6%
MED Medifast, Inc. Barrons 400 Consumer Cyclical 1.95B -11.1% 2.5%
LPX Louisiana-Pacific Corporation S&P 400 Basic Materials 3.45B -11.8% 2.5%
YETI YETI Holdings, Inc. Barrons 400 Consumer Cyclical 4.27B -12.0% 2.4%
PFSI PennyMac Financial Services, Inc. Barrons 400 Financial Services 4.44B -2.6% 2.4%
SEDG SolarEdge Technologies, Inc. S&P 400 Technology 13.42B -0.7% 2.2%
MOS The Mosaic Company S&P 500 Basic Materials 7.42B -14.3% 2.1%
ETSY Etsy, Inc. S&P 500 Consumer Cyclical 17.32B -3.3% 2.1%
LGIH LGI Homes, Inc. Barrons 400 Consumer Cyclical 3.14B -3.9% 1.9%
NVDA NVIDIA Corporation S&P 500 Technology 346.67B -7.4% 1.9%
HZO MarineMax, Inc. Barrons 400 Consumer Cyclical 583.74M -21.4% 1.9%
GRBK Green Brick Partners, Inc. Barrons 400 Consumer Cyclical 886.08M -9.4% 1.9%
HIBB Hibbett Sports, Inc. Barrons 400 Consumer Cyclical 778.54M -1.2% 1.7%
cash Cash Cash Cash 0.0% 1.0%


Portfolio distribution:

pie title Sector Distribution "Consumer Cyclical":31.84 "Industrials":19.97 "Technology":14.04 "Basic Materials":11.62 "Healthcare":10.18 "Financial Services":8.28 "Consumer Defensive":3.03 "Cash":1.03


pie title Index Distribution "S&P 500":53.77 "Barrons 400":26.24 "S&P 400":18.96 "Cash":1.03

CW41  2020