The ranking table was updated and GE and an office furniture company just joined the Momentum portfolio. 🤔 Read on to see the latest changes.
Here is the ranking for this week.
-
Sold:
- GNRC
- PENN
- TGT (no longer in top 20%)
-
Bought:
- APPS (Digital Turbine, Inc. (Barrons 400))
- GE (General Electric Company (S&P 500))
- VC (Visteon Corp (S&P 400))
- MLHR (Miller Herman Inc (S&P 400))
Now the S&P 400 accounts for about 45% of the portfolio:
pie title Index Distribution
"S&P 400":45.49
"S&P 500":38.04
"Barrons 400":15.7
"Cash":0.77
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| DE | Deere & Company | S&P 500 | Industrials | 81.17B | -4.9% | 3.8% |
| IAA | IAA, Inc. | S&P 400 | Industrials | 8.37B | -5.3% | 3.6% |
| SLM | SLM Corporation | S&P 400 | Financial Services | 4.55B | -2.8% | 3.4% |
| CARR | Carrier Global Corporation | S&P 500 | Industrials | 32.33B | -11.7% | 3.4% |
| EVR | Evercore Inc. | S&P 400 | Financial Services | 4.2B | -2.4% | 3.2% |
| IP | International Paper Company | S&P 500 | Consumer Cyclical | 19.13B | -7.7% | 3.2% |
| AAXN | Axon Enterprise, Inc. | S&P 400 | Industrials | 8.17B | -2.4% | 3.1% |
| FCX | Freeport-McMoRan Inc. | S&P 500 | Basic Materials | 35.01B | -6.4% | 3.1% |
| DAR | Darling Ingredients Inc. | S&P 400 | Consumer Defensive | 8.91B | -5.4% | 3.0% |
| PWR | Quanta Services, Inc. | S&P 500 | Industrials | 9.58B | -7.4% | 3.0% |
| APAM | Artisan Partners Asset Management Inc. | Barrons 400 | Financial Services | 3.74B | -4.0% | 3.0% |
| AVNT | Avient Corporation | S&P 400 | Basic Materials | 3.55B | -3.4% | 2.9% |
| WMS | Advanced Drainage Systems, Inc. | Barrons 400 | Industrials | 5.29B | -9.1% | 2.9% |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 8.01B | -10.0% | 2.8% |
| GM | General Motors Company | S&P 500 | Consumer Cyclical | 59.57B | -10.9% | 2.8% |
| R | Ryder System, Inc. | S&P 400 | Industrials | 3.34B | -5.6% | 2.8% |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 8.17B | -4.5% | 2.8% |
| GE | General Electric Company | S&P 500 | Industrials | 95.83B | -18.3% | 2.8% |
| VC | Visteon Corporation | S&P 400 | Consumer Cyclical | 3.53B | -8.1% | 2.8% |
| FDX | FedEx Corporation | S&P 500 | Industrials | 74.97B | -6.6% | 2.7% |
| OMF | OneMain Holdings, Inc. | Barrons 400 | Financial Services | 5.89B | -12.1% | 2.7% |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 3.22B | -4.4% | 2.7% |
| DFS | Discover Financial Services | S&P 500 | Financial Services | 25.61B | -5.5% | 2.6% |
| CROX | Crocs, Inc. | Barrons 400 | Consumer Cyclical | 4.43B | -4.4% | 2.6% |
| WRK | WestRock Company | S&P 500 | Consumer Cyclical | 11.52B | -5.6% | 2.6% |
| ADNT | Adient plc | S&P 400 | Consumer Cyclical | 3.37B | -7.8% | 2.5% |
| UAA | Under Armour, Inc. | S&P 500 | Consumer Cyclical | 7.42B | -21.9% | 2.5% |
| MLHR | Herman Miller, Inc. | S&P 400 | Consumer Cyclical | 2.32B | -23.9% | 2.4% |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 4.67B | -6.2% | 2.4% |
| TEX | Terex Corporation | S&P 400 | Industrials | 2.49B | -5.9% | 2.4% |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 3.7B | -6.1% | 2.2% |
| CZR | Caesars Entertainment, Inc. | S&P 400 | Consumer Cyclical | 15.39B | -6.0% | 2.1% |
| PCTY | Paylocity Holding Corporation | S&P 400 | Technology | 10.53B | -7.4% | 2.1% |
| ENPH | Enphase Energy, Inc. | S&P 400 | Technology | 19.96B | -9.8% | 1.9% |
| GRBK | Green Brick Partners, Inc. | Barrons 400 | Consumer Cyclical | 1.15B | -10.4% | 1.7% |
| APPS | Digital Turbine, Inc. | Barrons 400 | Technology | 4.25B | -3.5% | 1.5% |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 725.49M | -21.7% | 1.4% |
| cash | Cash | Cash | Cash | – | 0.0% | 0.8% |
Current portfolio allocation:
Consumer Cyclicals up, C. Defensive down:
pie title Sector Distribution
"Consumer Cyclical":34.6
"Industrials":30.48
"Financial Services":17.61
"Basic Materials":8.14
"Technology":5.38
"Consumer Defensive":3.02
"Cash":0.77