Bull Sessions (5/31/2022)

Our monthly warmup for the Round Table will include a look at investment opportunities in the realm of electric vehicles. With (5) months to go, the overall market's lead on our Best Small Companies is narrowing.

In this May 31st, 2022 Bull Sessions webcast, Mark Robertson, Ken Kavula, Len Douglas, and Matt Spielman discussed market conditions and investment opportunities in the context of the Modern Investment Club methodology. The group highlighted that the Value Line Median Appreciation Projection has dipped below historical averages, signaling increased opportunities for stock selection and study. They reviewed the performance of small-cap companies since October, noting that while the Russell 2000 Growth Index faces headwinds, historical patterns suggest small-caps often lead market recoveries. The discussion emphasized fundamental analysis and long-term buy-and-hold investing principles while acknowledging the importance of understanding both short-term and long-term investment perspectives.

The team examined specific portfolio holdings and potential adjustments, including a proposal to consider replacing SHPS and ESSENT with stronger candidates. Ken Kavula shared insights on hidden opportunities, such as Merchants Bancorp's 3-for-2 stock split in January that required portfolio adjustments. The speakers also explored emerging opportunities in electric vehicles and infrastructure, introducing several stocks for consideration including Bentley Systems and ChargePoint. Matt Spielman, who would be unavailable for subsequent sessions, shared perspectives on BorgWarner and automotive-related opportunities. The webcast reinforced the platform's teaching methodology while demonstrating practical application of fundamental analysis techniques developed by the Modern Investment Club movement.