All but two of our Portfolio holdings met or exceeded their guidance in the third quarter. Meanwhile, we continue to harvest our big winners and reduce exposure to higher-risk names as we look to raise capital for future buying opportunities.
We’re taking advantage of the recent bounce in US equities to exit some of our cyclical holdings, as we look to take profits and reduce risk in anticipation of a potential bear market in stocks. We also add another hedge to the Wealth Builders Portfolio.
With falling energy prices, volatile exchange rates and China’s slowing economy ratcheting up the uncertainty, second-quarter earnings season will provide critical insights into how our picks have held up in this challenging environment and what the future might hold.
We continue to add stocks to our watch list in anticipation of a pullback in the broader market. Here are three more names that we have our eyes on for potential inclusion in the Wealth Builders Portfolio.
In the May 1 issue of Capitalist Times Premium, we analyzed quarterly results for about half the names in our Lifelong Income Portfolio. Here’s our take on how the rest of our picks fared in the first quarter.
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