A list of my latest positions from my portfolio
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Here’s a list of my latest positions. I’ve broken the list into Longs and Shorts. And from there, I’ve broken down each list into refined categories in order from the largest positions within each category to the smallest.
Finally, I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course).
Remember: I wouldn’t rush into a full position all at once in any of these stocks or any other position you’ll ever buy. Patience and allowing the market and time to work to your advantage by buying in tranches is key. Maybe 1/3 or 1/5 of whatever you might consider to be a “full position” in any particular stock. And I wouldn’t ever have more than 5-15% of your portfolio in any one stock position at any given time. The younger you are and/or the higher the trajectory of your career income, the more concentrated and risk-taking you can be with weighting in your portfolio. But spread your purchases and your risk out over time and over a several positions no matter your age or risk-averse level.
Scaling into a position using an approach of buying 1/3 or 1/5 tranches over time is how I build my personal portfolio positions, but there’s no scientific answer for your question. Sometimes you have to pay up for the latest tranche but I try to be patient and wait for a temporary sell-off to add to the existing position.
So here’s the list:
Longs –
- Forever assets and other permanent holdings –
- Media and other private investment/business holdings (9+ because betting on yourself and running a biz is always a best bet)
- Real estate, including land and the ranch I live on in NM (8)
- Physical gold bullion & coins (8)
- Primary stock exposure portfolio
- Apple (7)
- Facebook (8)
- Ambarella (7)
- Google (8)
- Synaptics (7)
- Sony (8)
- First Solar (8)
- Whole Foods (7)
- Twitter (9)
- Sandisk (7)
- Intel (6)
- Splunk (8)
- Lindsay (6)
- F5 (8)
- Palo Alto Networks (8)
- Iconix (8)
- Yandex (6)
Shorts –
- Primary short portfolio
- Barnes & Noble (8)
- EWY (6)
- XLF (6)
- IBB (6)
- McDonald’s (7)
- Pandora (8)
** NOTE FOR NEW SUBSCRIBERS:
If you’re new to TradingWithCody or if you’ve been a subscriber for a while but haven’t acted on much of my strategies yet and/or if you haven’t been in the markets, but you’re sick of getting 0% on your CDs, Treasuries, savings, checking, etc while the markets have been continually hitting all-time highs this year, what should you do now?
First, step back and catch your breath before moving any money anywhere and make sure you’re not about to make any emotional moves with your money.
If you haven’t yet read “Everything You Need to Know About Investing” then spend a couple hours doing so, please. It’s a quick read but chock-full of important ideas, concepts and strategies that amateurs and pros alike should understand.
Then, take a look at my own personal portfolio’s Latest Positions and slowly start to scale into some of the ones you like best and/or the ones I have rated highest right now. I’d look to start scaling into a few of the many stocks in the Latest Positions that are at all-time highs along with a couple that we’ve recently featured in our Trade Alerts that I’ve personally been scaling into.
You can find an archive of Trade Alerts here.
***
Finally, here’s an article from Benzinga about Ambarella as a potential acquisition target that quotes me extensively:
Ambarella Inc AMBA 0.16% is a hot stock right now, rising more than 75 percent year-to-date. The company (which supplies HD chipsets) has an impressive list of customers, including GoPro Inc GPRO 6.94%, Xiaomi and Huawei.
Some have speculated that QUALCOMM, Inc. QCOM 0.49% should pick up Ambarella. This wouldn’t be a cheap acquisition, however — the company’s market cap currently stands at around $2.8 billion. Any massive chip maker could afford to pay the premium required to take control of Ambarella, but should they?
“It certainly would give Qualcomm a new growth engine,” Cody Willard, chairman of Scutify and Futr, told Benzinga. “I consider Ambarella the Intel of wearables.”
That begs the question: would Ambarella be a good buy for Intel Corporation INTC 0.88%?
“Sure,” Willard replied. “I’ve owned Ambarella for more than a year and I’m not expecting these companies to suddenly buy it. I’m not expecting anything like this. [But] as far as strategy and technological roadmaps go, Ambarella would make sense for most any chip company that has the market cap and/or cash to [complete the acquisition].”
Willard said that “anybody with a market cap of more than $10 billion is a potential acquirer.”
“I’m sure there are dozens of chip companies that have a market cap measured in tens of billions,” he added.
Related Link: GoPro Could Thwart Digital Ally’s Growth Potential
Inevitable Threats To Ambarella’s Biggest Customer
Brett Golden, president and co-founder of The Chart Lab, told Benzinga that any company could pose a threat to GoPro’s future. That isn’t necessarily bad for Ambarella, so long as the company supplies all of GoPro’s competitors.
“It’s a commodity,” Golden told Benzinga, referring to GoPro. “There’s nothing proprietary about it whatsoever. I don’t get it. I would short the stock here, quite frankly.”
GoPro hopes to become more of a content company. Golden said that is the “only way to go if they want to justify their multiple.”
Related Link: Pacific Crest: Qualcomm Buying Ambarella Is ‘Plausible’
Willard also sees a potential threat to Ambarella’s empire.
“The flipside of it being a small company is that a big player can squeeze in,” said Willard. “But Ambarella has dominated thus far and the longer they build that dominance and the supply chain into these wearables, the harder it becomes to upset them as the de facto standard for video chips.”
Fast-forward two years from today and Willard said there will be a “plethora of GoPro-like [devices] and new form factors of video recording wearables.”
However, there is one potential competitor that could spell trouble for both GoPro and Ambarella: Sony Corp (ADR) SNE 0.19%.
“Sony is one of the potential competitive threats to Ambarella in the long run anyway,” said Willard. “Ambarella is very richly priced right now. Ambarella is positioned as well as it possibly could be.”
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.
