The Market Matters International Equities Portfolio is a high conviction direct international equities portfolio that targets well known global brands – Click here to view
The portfolio fell -2.4% last week while cash sits at 8%. Glencore (GLEN LN) was our best performer rallying +6.2% while Brunswick Corp (BC US) had a shocker falling over 15% following a more bearish Jefferies report into the US leisure market, specifically around boat sales.
At this stage our top 3 picks for the chopping block are below but again this can change as markets/prices evolve:
- Glencore Plc (GLEN LN) which MM has discussed over recent weeks, we are looking to take around GBP550.
- Ideally one of Amazon.com (AMZN US), Alphabet (GOOGL US), and Microsoft (MSFT US) around 5-10% higher.
- Wells Fargo (WFC) into strength back above $US50.