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.
The biggest winners of this year’s market turmoil are macro hedge funds. Hedge funds on average are down 4% in 2021, according to data group Hedge Fund Research. However, macro funds were up around 8% on average during the first half of the year. Leading the pack is Crispin Odey, whose flagship Odey European fund 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.
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.