Tech Turtle: Portfolio Status Update

Feb. 24, 2019 10:03 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Value, Special Situations

Contributor Since 2006

David built his FinEd company (as CEO and founder of bionicturtle.com) into the world's #1 exam prep provider (EPP) for the Financial Risk Manager (FRM) exam. In February, his company was acquired by CeriFi where he is President, Bionic Turtle, a CeriFi company. He teaches risk management, expert finance, applied math and data science.  He is a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM). He is also a practicing data scientist and his github is located at https://github.com/bionicturtle

Summary

  • My December double-down pays off, for the moment.
  • From a valuation perspective, despite overall 34.8% annualized gains, I remain bullish on most of my holdings.
  • Next to evaluate: QTWO due to gains, Ventas, and CVS, and AMAT.

So far, I am happy with my decision to double-down in December and early January (including adding to my housing-related exposure). Portfolio status is below. I generally categorize as follows:

  • Stocks currently tagged as Buys, which simply means that I am holding with a sufficient degree of current confidence: AYX (which reports this week), BLK, CONE, CTK, DBX,  ENB, GOOGL, GSKY (reports March 5th), HPQ, INST, LEN, PVTL, QTS, SWKS, TJX, ZUO
  • Stocks currently tagged as Holds, which signifies that I have have specific reservations: AAPL, AMH, BAC, CLDR, DOC, FB, INVH, RDFN, XROLF. In regard to AMH and INVH, did you guys read this long piece in the Atlantic?  When Wall Street Is Your Landlord. Not the best look for INVH.
  • Stocks tagged as Evaluate: AMAT, Chegg (CHGG) but only because it is up 87.4% in less than a year; CVS where I need to analyze the last report; QTWO but only because it is up 57.5% in 1.32 years; SFM; VTR because the quarter spooked me a bit and found this thinking persuasive (so I want to go back a take a closer look at BT's strong-bull argument), and VWAGY.

tech turtle portfolio

Disclosure: I am/we are long AAPL, AMAT, AMH, AYX, BAC, BLK, CHGG, CLDR, CONE, CTK, CVS, DBX, DOC, ENB, FB, GOOGL, GSKY, HPQ, INST, INVH, LEN, PVTL, QTS, QTWO, RDFN, SFM, SWKS, TJX, VTR, VWAGY, WLH, XROLF, ZUO.

Additional disclosure: I long positions in the exhibit

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.