February 7, 2020

The Week’s Biggest Winner & Loser

GW Pharma (GWPH)

Following reports that GW Pharma’s (GWPH) blockbuster epilepsy drug is even more of a blockbuster than anyone thought, GWPH jumped +9.63% to notch this week’s Biggest Winner spot.

Canopy Growth (CGC)

… and on the other side of the cannabis coin, Canopy Growth Corp (CGC) got slammed for -12.95% after Aurora Cannabis (ACB) reported a dismal quarter – so bad the CEO resigned – due to continued troubles in the consumer cannabis space.

In a week where almost everything rebounded from last week’s sell-off, CGC definitely landed the spot of the week’s Biggest Loser.

Portfolio Allocation

Click charts for enlarged versions

Positions

Target Position Size

Portfolio Breakdown

Year-to-Date Performance

Current Position Performance

Boeing (BA)

+782.78%*

1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$624.66)*

Apple (AAPL)

+500.78%*

1st Buy 4/18/2013 @ $56.38
Current Per-Share: (-$158.51)*

Square (SQ)

+451.66%*

1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$43.58)*

Nike (NKE)

+375.93%*

1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$54.91)*

Disney (DIS)

+274.44%*

1st Buy 2/14/2012 @ $41.70
Current Per-Share: (-$6.43)*

Nvidia (NVDA)

+236.76%*

1st Buy 9/6/2016 @ $63.10
Current Per-Share: (-$46.12)*

IDEXX Lab (IDXX)

+138.23%

1st Buy 7/26/2017 @ $167.29
Current Per-Share: $116.86

JP Morgan (JPM)

+51.71%

1st Buy 10/26/2017 @ $102.30
Current Per-Share: $90.41

Logitech (LOGI)

+40.90%

1st Buy 11/11/2016 @ $24.20
Current Per-Share: $32.02

Citigroup (C)

+38.55%

1st Buy 10/26/2017 @ $74.06
Current Per-Share: $56.80

GW Pharm (GWPH)

+6.50%

1st Buy 7/25/2018 @ $142.28
Current Per-Share: $118.92

Canopy (CGC)

+3.62%

1st Buy 5/24/2018 @ $29.53
Current Per-Share: $18.94

Dow (DOW)

+2.13%

1st Buy 5/13/2019 @ $53.18
Current Per-Share: $47.03

Skyworks (SWKS)

-0.37%

1st Buy 1/31/2020 @ $113.60
Current Per-Share: $114.37

* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Original Capital Investment

This Week’s Moves

Canopy Growth Corp (CGC): Added to Position

I added to Canopy Growth Corporation (CGC) on Friday when it started to show weakness with buy orders which filled at an average price of $19.70.

The orders replace shares I sold in from November-December with an average price of $20.32, locking in a relatively minor 3.05% in profits. However, the orders also allowed me to capitalize on potential in the sector. The order increased my per-share cost by 1.23% from $18.71 to $18.94.

Thanks to the elimination of many positions from the portfolio over the past several months, my allocation targets have increased substantially which allows me to be more aggressive in accumulating more of my remaining positions.

My next buy for CGC is targeting a $17.80-$18.10 price target with no sell targets on the position at this time.

CGC closed the week at $19.63, down -0.36% from Friday’s average buy.

Logitech (LOGI): Added to Position

Although the markets popped on Monday, I realized I wanted to add to my Logitech (LOGI) position after selling some shares too soon back in December at $45.31. Using a stop-limit buy order, I replaced those shares at $44.91, a reduction in price of just -0.88%, however, with the elimination of many positions, my plan is to add to my existing positions a little more aggressively.

Monday’s buy raised my per-share cost by 0.95% from $31.72 to $32.02.

My next buy target for Logitech is $44.00.

LOGI closed the week at $45.12, up +0.47% from where I added Monday.

Skyworks Solutions (SWKS): Added to Position

After watching Skyworks Solutions’ (SWKS) incredible resiliency following last week’s sell-off during this week’s rally, I realized I was far too conservative with my initial opening buy.

So, when SWKS sold off on Friday, I “doubled” my position with an order which filled at $115.14. The order increased my per-share cost +0.68% from $113.60 to $114.37 but still leaves me with only about 10% of my maximum target allocation. My next buy target range is at $110.95-111.15.

SWKS closed the week at $113.94, down -1.04% from where I added Friday.

Want Further Clarification?

As always, if you have questions about any of my positions or have positions of your own that you’re curious about – feel free to leave a comment below!

See you next week!

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Disclaimer: Eric “Irk” Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes. As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others. As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.

Investments in Play #57