This is the second week in a two-week stretch in which I am abstaining from the usual $250+ investment into the portfolio, thus maintaining the $250+ per week average. Of course, because I would hear about it from an untold number of readers, I will go through the motions as if an investment were being made this week.
This week, five of the portfolio holdings ranked in the Top Ten: FMCB, MMM, MO, and TDS.
Ticker | Account Value |
FMCB | 2,895.00 |
MMM | 2,404.65 |
MO | 2,536.34 |
QCOM | 2,636.03 |
TGT | 1,310.50 |
The lowest amount belongs to TGT. However, an investment into any sector other than Materials will only continue the imbalance in the portfolio, created largely by the outperformance of TDS. However, there are no companies from the Materials sector in the Top Ten. The highest ranked Materials stock would be an existing holding, PPG, coming in at #20. I’d have been tempted to simply go with TGT this week, because they announce earnings on August 16th, and I have a good feeling about that announcement. Next week, when I have to put my money where my mouth is, the decision is likely to be equally difficult.