Manifest 40, March 2013
Perspectives, by Mark Robertson, Managing Partner April 1st, 2013
An update on the stocks you follow.
The Stocks You Follow: MANIFEST 40 (March 2013)
We’ve always believed that the collective decisions made by our community of long-term investors is worth huddling over … a place where ideas are born.
Apple (AAPL) continues at the top of the leader board, a position the company has held for several months. AAPL first appeared on this listing on 9/24/2009 and proceeded to ascend to the summit.
MANIFEST 40: March 2013. The average annualized relative return for the current tracking portfolio is +4.2%.Our quarterly summary of the (40) most widely-followed stocks by Manifest Investing subscribers is available at: http://expectingalpha.com/2013/04/05/manifest-40-march-2013/
Performance Results
It’s here that your favorites shine. The average annualized RELATIVE return for the current tracking portfolio is +4.2%. (The absolute return for the tracking portfolio since inception is 6.4%.)
The accuracy rating (% of outperforming entries) of the current selections is 59.0%.
Including all selections since inception (7.5 years) the annualized relative return of the MANIFEST 40 is +3.0%.
The figures in parentheses are the position of the company during the December 2012 listing of the MANIFEST 40. For example, FactSet Research (FDS) advanced from #17 to #13 over the last three months.
Chargers
What companies are making the strongest gains among the consensus collection? This may be indicative of strong fundamentals (combined with attractive prices and return forecasts) and probably warrants further study.
The stocks making the largest advances (by % of dashboards) since 12/31/2012 are: QUALCOMM (QCOM), Coach (COH) and Bio-Reference Labs (BRLI).
The newcomer this quarter is Coca-Cola (KO).
The tracking portfolio is available at:
http://www.manifestinvesting.com/dashboards/public/manifest-40
Mark Robertson
Mark Robertson is founder and managing partner of Manifest Investing, a source for research and portfolio management focusing on strategic long term investors.