This post is in reference to our latest model portfolio update, The Best 24 Stocks for 2016.
Another three stocks in the theoretical Core Shore Model portfolio reached price targets today. These include, TripAdvisor LLC (NASDAQ:TRIP), Zillow, Inc. (NASDAQ:Z), and Deutsche Bank AG (NYSE:DB), which are down -15.6%, -11.5%, and -8.9%, respectively for the equivalent short sale gains. These stock positions will be assumed closed at the end of trading tomorrow.
The theoretical Long/Short Core Model Portfolio is up 6.23% MTD and the theoretical Long/Short Opportunistic Model Portfolio is up 1.43%.
The S&P 500 is down -6.06% MTD. More relevant but lagging hedge fund indices here at BarclayHedge.
For detailed stock price targets and returns, please visit us at jstephencastellano.tumblr.com.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.