This month both the Base and Monthly stock picks beat the overall market. The improvement in Base stocks was due to substituting Shopify (SHOP) for IBM and GE. The Table below shows the monthly base stock performance compared to the major stock indexes.
The table shows that Monthly Base Stock performance nearly doubled the best performing NASDAQ index.
The weekly stock picks fared even better by more than tripling the return on the NASDAQ. Nevertheless, there was significant inconsistency within the group of recommended weekly stock picks. This reinforces the need to do your stock research that supplements my efforts at screening stocks that I expect to perform well. The table below shows weekly stock pick performance. Remember that due to moving my daughter to California I combined the picks for weeks 1 and 2.
I’ll bet that most of you wished you had invested in VEEV and CAMT. These stocks clearly had the greatest monthly return. You can’t expect that these same stocks will have the same return in June as they did in May. Having said that, they still might be good picks for the rest of the year. On the other hand, some of the worst performing stocks in May might very well be among those that perform the best in June. That’s because these are still good stocks. You will have to decide on which strategy to use, or just watch them and see how they do the next month.
I’ll soon have June’s week 1 recommendations ready for your consideration. Good investing!