Since the Investing Club’s October Monthly Meeting, the stock market has been moving higher on largely positive quarterly earnings and optimism around cooler inflation trends. The roughly 2.7% increase in the S & P 500 since the market close on Oct. 11 through Tuesday, the last full trading session before the November Monthly Meeting, really doesn’t reflect just how strong the market has been over the past few weeks. ( Click here to watch the November Monthly Meeting livestream .) From the Oct. 27 to Tuesday’s close, the index has soared 9%. With recent data on consumer and wholesale prices moderating, bond yields have dropped on hope the Federal Reserve might be done hiking interest rates. That dynamic has supported stocks. Here are our five top-performing names from the Club’s 34-stock portfolio since our last Monthly Meeting. SBUX YTD mountain Starbucks (SBUX) year-to-date performance Starbucks (SBUX) was our top performer. Shares of the coffee maker climbed 14.8% since the market close on Oct. 11 through Tuesday on the back of better-than-expected quarterly results and strong forward guidance for 2024. In its Nov. 2 earnings release, the company showed strong comparable-store sales growth and solid margin expansion. Markets cheered the results, which likely restored investor confidence in Starbucks’ ability to meet its long-term targets. MSFT YTD mountain Microsoft (MSFT) year-to-date performance Microsoft (MSFT) was No. 2, jumping 11.4% since our last Monthly Meeting on stellar quarterly earnings , along with a slew of announcements around its artificial intelligence efforts. The Big Tech name reported its biggest earnings beat since July 2021, thanks to an acceleration in revenue from its Azure cloud business, along with increased adoption of its AI offerings. Shares of the company hit all-time highs following product updates and improvements around Microsoft-backed OpenAI, which is behind the ChatGPT viral sensation. AVGO YTD mountain Broadcom (AVGO)…
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