Overall, it was a slow week for news in our coverage universe. However, few earnings crossed the wire, but we’re particularly paying attention to one, which currently resides in our Run to $1 Model Portfolio and is discussed below.
Geoinvesting has launched a few Model Portfolios since 2016. However, we have been tweaking the Model Portfolio framework over the past few months. The latest is the Open Forum Focus Model Portfolio (launched earlier this year), finally replacing the Legacy Top 5 Faves Portfolio, which delivered a 203.81% average return over the course of its existence, or since 2019. The new model portfolio aims to highlight GeoInvesting’s highest-conviction, earnings per share growth-driven ideas in response to shifting investor sentiment favoring value and quality vs. pure growth stocks, since 2022.