This week’s Sunday Screener is inspired by the late Charlie Munger, Warren Buffett’s business partner, who once described a dead-simple strategy for beating the market:
If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time. The problem is, few human beings have that kind of discipline.
As of Thursday’s close, this screen produced the following 30 stocks:
To see the criteria applied to create our Modified Munger Screen, click here.
Questions about our Sunday Screener?… drop us an email at porterstansberrydirect@gmail.com.
Highs And Lows
Each week, we also monitor any stocks in the market making 52-week highs. We do this because any stock on its way to generating 2x, 3x, or 10x returns will spend a lot of time making 52-week highs along the way. Thus the 52-week-high list provides an opportunity to flag these potential high performers before they really break out, with a particular emphasis on lower-profile, less widely-followed stocks that might have otherwise gone unnoticed.
Notable stocks making new 52-week highs last week:
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Apple (AAPL)
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JPMorgan Chase (JPM)
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Visa (V)
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Bank of America (BAC)
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Coca-Cola (KO)
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Merck (MRK)
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Union Pacific (UNP)
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Welltower (WELL)
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Prologis (PLD)
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CVS Health (CVS)
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Starbucks (SBUX)
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Bank of New York Mellon (BNY)
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PNC Financial Services (PNC)
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U.S. Bancorp (USB)
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Waste Management (WM)
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Monster Beverage (MNST)
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CSX (CSX)
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Marathon Petroleum (MPC)
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Airbnb (ABNB)
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Valero Energy (VLO)
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Phillips 66 (PSX)
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Norfolk Southern (NSC)
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Simon Property (SPG)
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W.W. Grainger (GWW)
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Target (TGT)
Presented By: Tuttle Capital Management
A simple fund that doesn’t chase the hot stock of the week
The Porter & Company Porter Portfolio Index ETF (PCPP) doesn’t bet on hype or fads. It follows a fixed set of rules and spreads your money across four types of holdings: steady insurance companies, well-run businesses that earn real cash, hard assets like gold and Bitcoin (held indirectly), and short-term government IOUs called T-bills. Simple but sophisticated.
Investing involves risk including possible loss of principal.
Read the prospectus at porterandcofunds.com.
Consider the fund’s investment objectives, risks, charges, and expenses carefully before investing. This and other information are in the prospectus at PorterandCoFunds.com or (833) 759-6110; read it carefully before investing. Investing involves risk, including possible loss of principal. PCPP is new and non-diversified. Distributed by Foreside Fund Services, LLC.
We also monitor stocks on the 52-week-low list. In many cases, the names on this list are there for good reason – the market is often correctly pricing in their weak fundamentals. However, once in a while, a great business with excellent long-term prospects finds itself on this list due to a temporary setback. This can create the rare opportunity to buy top-shelf merchandise at bargain-basement prices.
Notable stocks making new 52-week lows last week:
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Space Exploration Technologies (SPCX)
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Oracle (ORCL)
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McDonald’s (MCD)
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Honeywell Aerospace (HONA)
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Alnylam Pharmaceuticals (ALNY)
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INNIO N.V. (INIO)
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Kratos Defense & Security Solutions (KTOS)
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Joby Aviation (JOBY)
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Fervo Energy (FRVO)
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X-Energy (XE)
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Belden (BDC)
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Universal Display (OLED)
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Telephone and Data Systems (TDS)
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QuantumScape (QS)
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Archer Aviation (ACHR)
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Evolution Metals & Technologies (EMAT)
Porter & Co.
Stevenson, Maryland