It has been one month since I picked top 50 stocks and result is not as good as expected. There are more than 22 stocks which saw more than 10% correction and they need to be replaced with other better stocks.
So, the stocks which are getting dropped from Top 50 are:
- ABNB
- AMD
- BA
- BILL
- CYBR
- DKS
- DXCM
- ENPH
- JD
- LULU
- MDB
- NFLX
- NVDA
- RH
- SE
- SGEN
- TTD
- U
- URI
- WAL
- ZIM
- ZS
Most of them are moved to either Tier 3 (which is collection of my favorite stocks) and rest to Tier 4 (Risky list). All are great companies and good stocks, just not in trend anymore and usually when stock is corrected over 10%, it continue to see more correction, so better to be cautious. At the same time, its better to reward companies which are outperforming since last one month. So newest additions are:
- AAPL
- AMGN
- ANET
- AVGO
- DLTR
- EMN
- FDX
- GD
- HPQ
- INTU
- PEP
- ROKU
- SAM
- SHW
- STZ
- TECK
- TNDM
- UI
- ULTA
- V
- Z
- ZTS
Many of these stocks were already part of my Tier 2, Tier 3 and Tier 4 list. ANET, TECK, TNDM, ZTS, SHW, STZ, UI were part of Tier 2 group, ROKU and Z were in my favorite list of Tier 3 and SAM was part of Tier 4. Some of them are sort of direct replacement, such as TNDM outperforming DXCM and General Dynamics outperforming BA in Aerospace. Apple, AMGN were part of dividend portfolio and performing better.
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