I started a new portfolio!
A couple months ago, a built a tool to help me find undervalued stocks and to help test it out, I decided to invest based on its fguidance. The purpose of this fund is simply to invest in undervalued stocks.
Here are the stocks I bought and how they’ve performed!
- Qualcomm (+11%)
Arguably the strongest position I have in my new portfolio.
- SoFi (-9%)
Just announced a strong earnings beat but stock is still down almost 40% YTD
- Kinder Morgan (+7%)
Also just announced an earnings beat which sent the stock up.
- Constellation Energy (-4%)
Recently announced new deals with Amazon, Google, and received a $5B loan from the department of energy to help increase nuclear output.
Overall it has been a fun experiment so far and I have plenty of other stocks in my watchlist. Do you invest in any of these?
