Integer Investments: A Year In Review And Recommendations For 2017

1

By Integer Investments

What a year! Despite the turbulence, here at Integer Investments we’ve had a great year. We shared our investment ideas with our readers and our recommendations offered an average annually adjusted return of 47% (16.3% non-annualized). Although we see extensive risks in the market, we are confident that our in-depth research and careful stock picking will help us navigate future markets. A list of all recommendations and prices can be found here. Below we update our current recommendations.

Bayer (BAYRY): Sell.

Joel Greenblatt Owned Hedge Fund On Why Value Investing Isn’t Working Now

Joel GreenblattAcacia Capital was up 12.27% for the second quarter, although it remains in the red for the year because of how difficult the first quarter was. The fund is down 14.25% for the first half of the year. Q2 2020 hedge fund letters, conferences and more Top five holdings Acacia's top five holdings accounted for Read More


Agrium (AGU): Sell/Hold.

American Electric Power (AEP): Hold/Sell.

Exelon (EXC): Hold/Buy.

Boeing (BA): Hold.

Cisco (CSCO): Hold.

Emerson Electric (EMR): Sell/Hold.

Harley-Davidson (HOG): Sell/Hold.

International Business Machines (IBM): Buy.

General Motors (GM): Buy.

Deere (DE): Hold.

Silicom (SILC): Buy/Hold.

Delta (DAL) and Southwest Airlines (LUV): Hold.

GameStop (GME): Sell/Hold.

Tegna (TGNA): Buy.

Pets at Home (LSE:PETS): Buy.

Although we try to write about all the stocks that we buy, we don’t always manage. We currently have long positions in Tegna, American Express (AXP), Bertrandt (XTER:BDT), Hugo Boss (BOSSY), easyJet, Gilead Sciences (NASDAQ:GILD). We also sold put options in Nike (NKE) and Kroger (KR).

In sum, our portfolio at Integer Investments and our public recommendations widely outperformed the markets. Our portfolio has gained 26% year to date while our recommendations offered a return above 47% on an annualized basis. In the short to medium term we see market and political risks, but we are confident that our investment strategy will keep delivering attractive returns.

Disclosure: Integer Investments is long IBM, Deere, Bertrandt, Hugo Boss, American Express, Pets at Home, easyJet, Gilead, General Motors, Silicom, Tegna.

A full version of this article can be found here.

As always, thank you for reading. If you would like us to cover a company, please email us at [email protected] If you want to know more about Integer Investments visit our website (www.integerinvestments.com). Thank you for reading!

Disclosure: I am/we are long IBM, DE, BDGXF, BOSSY, AXP, PHGPY, EJTTF, GILD, GM, SILC, TGNA.