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Our Number One Name: Tesla

Benzinga ·  Nov 26, 2024 16:26

Portfolio Armor's Top Ten Names

Portfolio Armor's top ten names have, on average, outperformed the market significantly since December of 2022. Since then, we have full, 6-month performance data on 74 weekly top names cohorts. On average, our top names have returned 18.57% over the next 6 months, versus 12.72% for theSPDR S&P 500 Trust(NYSE:SPY).

Tesla Wasn't A Top Name For Most Of This Year

Since recent price performance is one of the factors Portfolio Armor's security selection algorithm uses,Tesla, Inc. (NASDAQ:TSLA) didn't appear as a top name for most of this year, but we...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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