July 7, 2023
The Week’s Biggest Winner & Loser
Rivian (RIVN)
Rivian (RIVN) outran the competition this week by a country mile following outstanding performance from its factory. Then, on Friday, a report came out showing that Rivian’s pickup truck is the best-selling EV pickup truck in America. The bountiful good news sent Rivian catapulting +48.08% for the week, easily landing in the spot of the Week’s Biggest Winner!
Nike (NKE)
I thought it was odd when Nike (NKE) reported a pretty crappy quarter with poor guidance last week and no one blinked an eye. Well, I guess everyone was drunk because they certainly woke up to the challenges Nike’s facing at home and in China this week!
Nike fell -5.35% this week, and despite it being a down week for most stocks, that loss was enough to shoehorn Nike into the spot of the Week’s Biggest Loser.
Portfolio Allocation
Positions
%
Target Position Size
Current Position Performance
Nvidia (NVDA)
+1411.18%*
1st Buy 9/6/2016 @ $15.67
Current Per-Share: (-$162.55)*
Apple (AAPL)
+979.68%*
1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$77.58)*
Tesla (TSLA)
+696.38%*
1st Buy 3/12/2020 @ $37.10
Current Per-Share: (-$48.28)*
Boeing (BA)
+686.57%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$179.40)*
Block (SQ)
+525.91%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$75.30)*
Logitech (LOGI)
+496.00%*
1st Buy 11/11/2016 @ $24.20
Current Per-Share: -($0.81)*
Skyworks (SWKS)
+489.50%*
1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$34.72)*
IDEXX Labs (IDXX)
+439.95%*
1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$220.95)*
Nike (NKE)
+412.17%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$10.49)*
Disney (DIS)
+191.10%
1st Buy 2/14/2012 @ $41.70
Current Per-Share: $30.45
Salesforce (CRM)
+137.63%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $88.20
JP Morgan (JPM)
+118.95%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $65.92
Take Two (TTWO)
+113.88%
1st Buy 10/9/2018 @ $128.40
Current Per-Share: $66.95
Meta (META)
+94.84%*
1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($323.00)*
Amazon (AMZN)
+93.71%
1st Buy 2/6/2018 @ $69.15
Current Per-Share: $67.00
SoFi (SOFI)
+91.68%
1st Buy 11/22/2022 @ $4.80
Current Per-Share: $4.20
Dow (DOW)
+85.66%
1st Buy 5/13/2019 @ $53.18
Current Per-Share: $28.60
Berkshire (BRK.B)
+81.56%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $187.77
Visa (V)
+35.95%
1st Buy 5/9/2022 @ $194.00
Current Per-Share: $173.93
Morgan Stan (MS)
+29.57%
1st Buy 4/25/2022 @ $83.50
Current Per-Share: $64.34
Alphabet (GOOGL)
+26.37%
1st Buy 9/16/2022 @ $101.93
Current Per-Share: $94.55
Zoetis (ZTS)
+17.32%
1st Buy 6/13/2022 @ $157.55
Current Per-Share: $142.46
Roblox (RLBX)
-8.35%
1st Buy 9/29/2021 @ $77.00
Current Per-Share: $44.90
Schwab (SCHW)
-11.20%
1st Buy 4/18/2022 @ $76.30
Current Per-Share: $63.95
Rivian (RIVN)
-17.10%
1st Buy 11/12/2021 @ $127.00
Current Per-Share: $29.80
Dutch Bros (BROS)
-19.14%
1st Buy 9/20/2021 @ $42.25
Current Per-Share: $34.70
Twilio (TWLO)
-30.92%
1st Buy 8/8/2019 @ $125.71
Current Per-Share: $90.40
Coinbase (COIN)
-62.15%
1st Buy 4/14/2021 @ $412.47
Current Per-Share: $208.00
Canopy (CGC)
-88.10%
1st Buy 5/24/2018 @ $29.53
Current Per-Share: $4.00
* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Starting Capital Investment
A negative share price indicates the dollar amount of profit for each share currently held.
This Week’s Moves
Nike (NKE): Dividend Reinvestment
Nike (NKE) paid out its quarterly dividend on Wednesday, which, after reinvesting raised my per-share “cost” +$0.03 from -$10.52 to -$10.49 (since the reinvested dividend adds shares to the portfolio, it actually raises my per-share “cost.” Without any capital remaining the amount of profit added per-share, now $10.49, is lowered because there are more shares to spread the profit among).
My next buy target is $83.44, a bit above Nike’s low from 2022, and my next sell target is $174.88, below Nike’s all-time high and at a point where the position will have exceeded the maximum target allocation for the portfolio.
See you next week!
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