Every year, I hope against hope that I will not be selling any stocks in the upcoming year. The stock for which I wrote this just last month - "A terrible year for athletic companies" - can now be amended with "down another 29%". Under Armour (UAA) has declining revenue growth, declining earnings, more debt than cash, no dividend,...and is no longer owned in my portfolio.
The proceeds from this sale went to my four horsemen of tech; Amazon (AMZN), Facebook (FB), Alphabet (GOOGL), and Tesla (TSLA).
A new addition to the portfolio is one I never would have imagined owning, the #1 most hated company in America: Comcast (CMCSA). They have outperformed the market across every time horizon:
Comcast is also growing $80B in revenue at 9%, earnings at 16%, has massive operating and free cash flows of $19B and $8B respectively, and has a 0.8% dividend that has increased payouts for 9 years.
Here's my current portfolio (buy and hold). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.49%
Tesla (TSLA) 11.95%
3D Systems (DDD) 10.41%
Amazon (AMZN) 9.55%
Alphabet (GOOGL) 8.97%
Facebook (FB) 6.01%
Twitter (TWTR) 4.74%
Stratasys (SSYS) 3.91%
Intuitive Surgical (ISRG) 3.55%
Nike (NKE) 2.91%
Starbucks (SBUX) 2.46%
Chubb Limited (CB) 2.38%
Salesforce.com (CRM) 2.36%
Adobe Systems (ADBE) 2.33%
Microsoft (MSFT) 2.20%
NVIDIA (NVDA) 2.02%
Costco Wholesale (COST) 1.84%
BlackRock (BLK) 1.27%
Comcast (CMCSA) 1.17%
UnitedHealth Group (UNH) 1.16%
Intel (INTC) 1.11%
Autodesk (ADSK) 1.07%
American Water Works (AWK) 0.79%
ExOne (XONE) 0.79%
Waste Management (WM) 0.67%
Aqua America (WTR) 0.66%
Canadian National Railway (CNI) 0.64%
ULTA Salon, Cosmetics & Fragrance (ULTA) 0.57%
