Hey everyone, in the beginning of the year, I made a post called "Going in 2024: 7 stocks I'm long and believe will outperform the S&P". It's been an interesting 4 months since the start of the year and the average return of my stock picks is technically outperforming the SP500. I say technically as most of the performance is driven by one stock. Without that single outperformer, I would be massively underperforming the market and as such, this is definitely not a victory lap.
I'm disappointed by the price action but after reading every earnings report of my favorite stocks, I have complete faith in their performance over the next 5 years. Each one of my companies has incredible cash generation + consistent revenue and profit growth and rewards shareholders via buybacks. I still believe in FICO + MSCI being outperformers and look forward to another update at year-end probably.
| Ticker | Price Return YTD |
|---|---|
| VOO | +9.89% |
| FICO | +10.27% |
| MA | +13.64% |
| V | +7.56% |
| BX | -1.53% |
| MCK | +12.64% |
| MSCI | -2.43% |
| CROX | +51.07% |
| Average Return | +13.03% |
| Average Return ex-CROX | +6.69% |
