I have made changes to my stock portfolio, on the one hand after further analyzing my positions. I appreciate the feedback 🫶
❌ I have decided to sell:
$WMT (-7,46 %)
$ITX (+0,2 %) partially at 40%.
$AMZN (-2,22 %)
$BMW (-0,05 %) at 100%.
The main reasons are in the case of the first 2 (Inditex y Walmart) make up too large a part of my portfolio and I think there are better investments to make at this time, besides both are at or very close to their historical highs and after analyzing their fundamentals I have noticed that they are somewhat overvalued🔝.
(They are still part of my portfolio and in case of corrections I will always be able to repurchase)
In the case of Amazon after analyzing it has had a great growth but in numbers it seems too expensive 🫰
(I have preferred to ensure profits although I do not rule out a future purchase at a fairer price).
On the other hand BMW was not as good an idea as I had in my head at the beginning and after a 6% rise in a very short time I have decided to take it out of the way ⏱️
(I think there are much better investments out there and besides it is a sector in which I don't see good forecasts for the long term 🤔)
✅ On the other hand I have decided to buy:
$META (-1,89 %)
$DHER (-2,03 %)
$GOOGL (-1,12 %)
I personally believe that Meta is a company with a long way to go and despite being at historical highs its fundamentals are quite good compared to other companies of its size 👏👌.
As for Google after an 11% drop from highs I have seen it as a good opportunity to buy back at lower prices 🤑
Finally there is my bet with Delivery Hero which has not yet generated profits but is a company that I consider undervalued compared to what it could be worth in the future and is also a good company to diversify in European and emerging markets 🇪🇺🇨🇳