We have rebalanced our Stockpointer® US model portfolio. These trades are effective as of Friday, February 14 after market close.
Here are the details of the trades:
Outs:
- Ingredion Inc. (INGR)– Market Trend. Decrease in the Consumer Staples sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio.
- UnitedHealth Group Inc (UNH)– Intra-sectorial transaction. The company SP score fell below 60.
Ins:
- Yum! Brands Inc (YUM)– Market Trend. Increase in the Consumer Discretionary sector as shown by the Top 100 index, therefore, increasing our position in the portfolio. The company is in the top of its sector.
- Ameriprise Financial Inc. (AMP)– Intra-sectorial transaction. The company is in the top of its sector.
Rebalancing
We rebalanced Meta Platforms Inc (META) from its current weight of 12.4% to 9%
Weighting
Due to a large trim, we increased the weighting by 0.75% to
- Home Depot (HD)
- Northrop Grumman Corp (NOC)
- City Holdings (CHCO)
- W.R. Berkley Corporation (WRB)
YUM and AMP have a weight of approximetaly 3.6% each
