Top Ten Portfolio Back Above $600,000

Portfolio Up 20.4% Year-To-Date and Matches S&P/TSX Composite Index

November 10, 2019 Bob Weir eCommerce/Retail, Financial, Market Insights, Oil & Gas, Technology, Top-Ten Portfolio

eResearch | The Portfolio has performed much better since our last update on October 24. At that time, the Portfolio’s value was $572,000 and now it is $602,000. Its all-time high of $628,000 was recorded on April 23 but there have been a few runs at that level since then.

20.4% Gain YTD

Our initial investment was $500,000, so the Portfolio is ahead by 20.4%, which includes dividends received and trading profits. As it so happens, the S&P/TSX Composite Index is up an identical 20.4% since the beginning of the year and this includes dividends as well.

Worst and Best Performers

Only 2 of 9 stocks in the Portfolio, being NFI Group and Vermilion Energy, are “under water”. The best performers are AltaGas up 43.3% and Kinaxis up 23.8%. Canada Goose has gone into another tail-spin. The stock has been up and down like a yo-yo all year. Fairfax Financial Holdings rallied strongly recently and is now back in positive territory. We will watch this one closely and will take advantage of any suitable opportunity for an exit.     

Here are the stocks in the Portfolio …

2019-11-10 Top 10_1
Source: eResearch Corp.

… and here is the Portfolio’s performance.

2019-11-10 Top 10_2
Source: eResearch Corp.

You can read our entire report here: TopTen_110819

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About Bob Weir 329 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).

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