MicNOVA Portfolio Review
July 10, 2019
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• Adequate diversification with 16 Stocks.
• Holdings typically 4-8% of portfolio. (1/16 = 6.25%)
• High quality companies, average quality score 93.
• Good size diversification. Would benefit from an additional small company.
• Only losing positions are CVS and LKQ but half of our positions underperformed the broad market.
• Several companies have a high PAR but their stock prices have recently gone down: CVS, LKQ, CTSH, ABBV, and IPGP. Stock watchers should closely review these.
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Note Stocks on the Low End of Their 52 Week Range Opportunity or Warning?
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Examples of Strong Price Charts
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V Prices over 4 Years !9
MSFT Prices over 4 Years !10
Stocks Performing Poorly Over the Last 12 Months
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CVS
CVS Prices over 4 Years !14
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LKQ
LKQ Prices over 4 Years !16
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CTSH
CTSH Prices over 4 Years !18
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ABBV
ABBV Prices over 4 Years !20
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IPGP
IPGP Prices over 4 Years !22
Low PAR After Price Increase
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CERN Prices over 4 Years !25
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CERN
Questions?
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