Stocks for 4Q19 and Forever (maybe)
Femi John Elegbe, CFA
Finance | Strategy | CFO | Treasury | Risk and Capital Management | Dancer | Coffee lover
During the first week of September, an older mentor and friend in the dance community - who was scared of the market volatility - reached out to me for investment advice. I told him I had none to offer - since I can not divine what President Trump WILL do, and how the market will react. However, I did tell him that I have some companies/stocks on my radar, that believe will outperform over the long run. I redid my analysis and shared these subset with him (and another friend).
If I were to invest for a relatively long horizon, these are some of the companies/stocks I will take a look at. They have done superbly well in the past, have better risk/return profile than the overall stock market, continues to generate good revenue and cash flow growth. These are definitely not for speculation, but consideration for LONG TERM. Short story: these companies beat the market hands down, and are less volatile...
As always consult your Investment advisors, before making any investment decisions.
At Sep. 5, 2019: the 3yr, 5yr, and 10yr Annualized market return is approximately in the 10% - 14%, while the 1yr Return is ~3%
Disclosure:
Femi Elegbe, CFA and Rhema Capital aren't currently invested in these companies - but may do so over the next few months. This article does not constitute an investment advice.
Also reread the first sentence of this article article.