We have rebalanced our Stockpointer® US model portfolio. These trades are effective as of Friday, November 14th after market close.
Here are the details of the trades:
Outs:
- Best Buy Co (BBY)– Market Trend. Decrease in the Consumer Discretionary sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio. The company had the lower SP score in this sector
- Dorchester Minerals LP (DMLP)– Market Trend. Decrease in the Energy sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio. The company had the lower SP score in this sector.
Ins:
- Incyte Corporation (INCY)– Market Trend. Increase in the Healthcare sector as shown by the Top 100 index, therefore, increasing our exposure in the portfolio. The company is in the top of its sector.
- Interdigital Inc (IDCC)– Market Trend. Increase in the Information Technology sector as shown by the Top 100 index, therefore, increasing our exposure in the portfolio. The company is in the top of its sector.
Trim Downs:
- Muller Industries (MLI) – Portfolio Weight limit. The stock maintained over and above our 10% weight limit in our portfolio. We trimmed the stock weight by 1.2% in our portfolio from 10.2% to 9%.
