On january 2nd, I wrote a post titled "My picks for 2017".
A lot of people submitted their picks too. With 48 comments, I can't look back at every suggestion made. However, I invite everybody who wrote something to share their performance in the comment section.
Here's my picks and the performance of each stock:
1- Constellation Software (softwares); UP 12%
2- CGI Group (consulting services); UP 1%
3- Alimentation Couche-Tard (convenience stores); UP 2%
4- Linamar (auto parts); UP 9%
5- Knight Therapeutics (healthcare, but mostly a full-cash company for now); DOWN 3%
6- Tucows (Internet services); UP 47%
7- United Therapeutics (healthcare); DOWN 10%
8- Mohawk Industries (carpets and ceramics); UP 20%
9- Disney (movies, thematic parks, ESPN and more); 0%
10-LKQ (auto parts and cours à scrap); UP 6%
Average return: 8,4%
The S&P/TSX if the best benchmark for me because my portfolio is almost 50% US and 50% CAN. I've beaten the S&P/TSX by almost 10% over the last 6 months, which is a good performance.
There's a guy who achieved a pretty good performance so far. At the time he wrote his comment, I thought he had something. Now, 6 months later, I realize he was right. And that's where I'm heading more and more as time passes: great companies that compound even if they're a little expensive.
Here's his comment:
"Compounders almost regardless of valuation"
What about you?