We just got done with our Fall Portfolio Accelerator in Chicago.
It went even better than expected.
I think we're going to make so much money from the ideas and strategies we discussed over the past two days.
It's not even fair to have so many smart traders and investors in one room. Not to mention, we also got to go to the Cubs game last night, the CBOT on Wednesday and a tour of the Pat Tillman Foundation as well.
All around I think it was a huge win for all of us. Our entire team got to fly in from all over the world to spend some time in Chicago, many of them for the first time.
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
Dividend Aristocrats are easily some of the most desirable investments on Wall Street. These are the names that have increased dividends for at least 25 years, providing steadily increasing income to long-term-minded shareholders.
As you can imagine, the companies making up this prestigious list are some of the most recognizable brands in the world. Coca-Cola, Walmart, and Johnson & Johnson are just a few of the household names making the cut.
Here at All Star Charts, we like to stay ahead of the curve. That's why we're turning our attention to the future aristocrats. In an effort to seek out the next generation of the cream-of-the-crop dividend plays, we're curating a list of stocks that have raised their payouts every year for five to nine years.
We call them the Young Aristocrats, and the idea is that these are "stocks that pay you to make money." Imagine if years of consistent dividend growth and high momentum and relative strength had a baby, leaving you with the best of the emerging dividend giants that are outperforming the averages.
In this scan, we look to identify the strongest growth stocks as they climb the market-cap ladder from small- to mid- to large- and, ultimately, to mega-cap status (over $200B).
Once they graduate from small-cap to mid-cap status (over $2B), they come on our radar. Likewise, when they surpass the roughly $30B mark, they roll off our list.
But the scan doesn't just end there.
We only want to look at the strongest growth industries in the market, as that is typically where these potential 50-baggers come from.
But not because I have to. It's because I want to.
There's a difference.
But I'm taking a break out here in Newport Beach, Ca for a few days, at what has become, the #1 Conference in all of Finance.
It's not even close.
I couldn't tell you what the 2nd best was. That's how dominant this is.
Sunday afternoon I walked up to the booth in Huntington Beach to get my badge and bag of goodies and they had pins representing whether it was your 1st year at FuturePtoof, your 2nd year attending or if it was your 3rd.
I smiled and said, "This is my 3rd year here", and she jumped up with joy and put extra flair on my conference name badge.
I feel like Jennifer Aniston in Office Space with all my flair on right now.
I laugh because of course it's my 3rd year. I want to support my friends.
Even if there was no one here, I would still be here.
But do you know how happy it makes me to see my boys kicking everyone's ass?
Josh Brown and the rest of the Ritholtz Wealth Management team is absolutely crushing it.
I'm out in Newport Beach, CA for a few days hanging out at an industry conference called Future Proof.
I don't even know where to start with these guys.
I've had a front row seat to watch my good friend Josh Brown partner up with Barry Ritholtz, hire Michael Batnick and many others along the way, and turn a small advisory into a $5 Billion AUM firm - one of the fastest growing Financial Advisors in the United States.
It was awesome when they were first coming up and putting on conferences. They were big, but still small and intimate in their own ways.
Now they're just way too successful.
That band that was cool when just a few people knew about them has gone mainstream.
There are way too many people here. It's absolutely insane.
My friends are rockstars. And I couldn't be happier to see all of their success.
I say there are too many people at this conference as a joke. But I'm not even kidding. There were like 20 open bars at happy hour last night and I still couldn't get a drink.
Welcome back to Under the Hood, where we'll cover all the action for the two weeks ended September 14, 2024. This report is published bi-weekly, in rotation with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.