We have rebalanced our Stockpointer® US model portfolio. These trades are effective as of Friday, August 14th after market close.
Here are the details of the trades:
Outs:
1. Group 1 Automotive Inc (GPI) – Intra-sectoral transaction. The company was no longer in the top of its sector.
2. Bankfirst Corp (BANF)– Intra-sectoral transaction. The company was no longer in the top of its sector.
Ins:
1. McDonald’s Corporation (MCD)- Intra-sectoral transaction. The company is in the top of its sector in terms of SP score.
2. Progressive Corp (PGR) – Intra-sectoral transaction. The company is in the top of its sector.