Recently I have added 6 new growth stocks to my portfolio, so I thought I’d take the chance to break down why I chose these particular stocks.
Firstly, my portfolio was way too tech stock heavy and I wanted to expand.
** If you don’t have an eToro account – you can set one up here! **
** Already have an eToro account? Check out my profile! **
67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Note that this does not apply to US Users and eToro USA LLC does not offer CFDs.
Below are some quick numbers.
IONS
Sector: Pharmaceutical and Biotech
Why? Expand portfolio into other sectors, reasonable outlook for 2018, strong tenure of Management team and Board of Directors, and a healthy balance sheet
Predicted Growth 2018: 58.65%
Profit since bought: 0.65%
GWPH
Sector: Pharmaceutical and Biotech
Why? Exceptional potential with an adequate balance sheet, expand into the cannabinoid market
Predicted Growth 2018: 52.3%
Profit since bought: 0.30%
INCY
Sector: Pharmaceutical and Biotech
Why? Exceptional growth potential with an excellent balance sheet (Total debt is covered by total short term assets, assets are 65x debt)Incyte had negative shareholder equity 5 years ago, it is now positive.
Predicted Growth 2018: 48.65%
Profit since bought: 4.46%
NCR
Sector: Technology
Why? Good value and reasonable growth. NCR performed above the US Tech industry average based on Return on Assets (ROA) last year.
Predicted 2018: 27.6%
Profit since bought: 2.11%
MOMO
Sector: Software
Why? Flawless balance sheet, strong future potential, excellent value for money.
Predicted Growth 2018: 38.2%
Profit since bought: 8.03%
ORCL
Sector: Software
Why? Fair balance sheet, expand into the software sector, low volatility expected to perform strongly, Return on Equity (ROE) in 3 years is estimated to be above 20%.
Predicted 2018: 12.08%
Profit since bought: 4.06%
If you like my portfolio, you can always copy me on eToro. More information on eToro – click here
If you want to learn more about Copy Trading, click here
