The Global Large account closed out the year ended December 31st, 2017 with a Net Asset Value per share (NAV) of $206.39. At the close of 2016, the portfolio share price was $149.76. The return of 37.8% represents the largest…
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Global Large Cap Portfolio Return of 37.8% for Fiscal Year Ended 31/12/2017.
Posted in Portfolio Model Subscription
US Tax Reform Legislation Appears Significantly Accretive to S&P 500 Corporate Earnings for 2018.
https://www.reuters.com/article/us-usa-tax-stocks/banks-healthcare-service-firms-among-winners-from-u-s-tax-bill-idUSKBN1ED2Q9?feedType=nl&feedName=usdai&utm_source=Sailthru&utm_medium=email&utm_campaign=US%20Daily%20Investor%20Update%20-%20Subject%20Line%20Test%202017-12-19&utm_term=US%20Daily%20Investor%20Update%20%28Segment%20B%29
Posted in Portfolio Model Subscription
Global Large Cap Account Unit Value Surpassed the $200 NAV Mark.
The Global Large Cap Account Unit Value, on the strength of the Costco holding, surpassed a unit value of $200 earlier this week. Congratulations to all unit holders.
Posted in Portfolio Model Subscription
Costco (COST-NASD, $192.73) Quarterly Revenues Increased 13.3% YOY.
FX tailwinds aided year over year comps. Additionally, the Black Friday and holiday weekend sales fell into the quarter that recently ended. Nevertheless, sales appeared to be accelerating as the quarter progressed. https://www.sec.gov/Archives/edgar/data/909832/000119312517369704/d493088dex991.htm
Posted in Portfolio Model Subscription
The Investment Case for a Purchase of PayPal Holdings Inc. (PYPL-NASD, $76.38) by Amazon.com Inc. (AMZN-NASD, $1,129.88)
From a business perspective, an acquisition of PayPal by Amazon would be accretive to both top and bottom lines and would serve to fortify Paypal as THE alternative to MasterCard, Visa and Unionpay in the processing space. A combination using…
Posted in Portfolio Model Subscription