This week is the second of five ‘off’ weeks intended to restore the $250+ per week pace of investment. This became necessary after establishing new positions in SCL and UHT. But out of sheer boredom, I always go through the motions for the devoted masses.
This week, six of the portfolio holdings ranked in the Top Ten: BDX, FMCB, HTO, PPG, QCOM, and SCL.
| Ticker | Account Value |
| BDX | 3,676.50 |
| FMCB | 4,107.00 |
| HTO | 3,165.75 |
| PPG | 2,994.60 |
| QCOM | 3,393.88 |
| SCL | 3,032.42 |
Once again, the lowest amount belongs to PPG, but there is a position imbalance such that only four existing holdings are eligible for additional investment: EPD, FRT, NNN, and UHT. As you can see, none of those companies are in the table above. That means, the highest-ranking stock in the Top Ten, but not currently in the portfolio (and regardless of sector as there is no sector imbalance) would be added to the portfolio – and that stock would be Pepsi Co. [PEP]. I’ve heard of it.
Alas, it is an ‘off’ week, so we’ll just monitor the situation for a few weeks.