Hello everyone, I've been investing for about 2 months my goal with this portfolio (taxable account) is to focus on 4-6 companies that I believe they have:
- Strong Finances
- Good Margins
- Organic Growth
- Good ROCE
Focusing in 4-6 companies would allow me to build a good position and once my portfolio gets to 8-10k I will add couple more stocks. I am also considering adding a ETF for a core position in this portfolio, I also have a ROTH IRA that it mainly consist of $SCHD & $SCHG .
For my 4 stock at the moment I have picked the following
1.- VISA INC -> $V (-0,14%)
This is amazing company, incredibly strong balance sheet with high return. I know $MA (-0,34%) could be a problem later on but I honestly don't see $V (-0,14%) going away anytime soon.
2.- SalesForce -> $CRM (+0,69%)
The leading crm business in the US, most companies I know use this amazing software.
3.- Boston Scientific -> $BSX (-0,88%)
Boston Scientific is a Medical Device Company in the past years they have growth at a good rate, currently with their new product in the Electrophysiology world dealing with Afib their holy grail product FaraPulse position themselves at the top. I believe with this technology and the introduction of other products they will grow more.
4.- Ulta Beauty -> $ULTA (+0,22%)
Makeup, while looking for a company that is more consumer oriented, I came across $ULTA (+0,22%) when dealing with consumer companies the worry is always that they are cyclical business and if we experience a period where the economy takes a hit people will cut the extra expenses. But let's be honest Girls want to look pretty. Every $TGT (-0,34%) has a $ULTA (+0,22%) inside this increases their exposure and with the expansion of ULTA outside of the US I believe they can experience a good growth.
Going forward I am planning to add $AMZN (+0,26%) if their stock continues to drop. I Don't have a focus on dividends at the moments but I don't mind having a good stock that pays one.
I am looking forward to your feedback, any suggestions thoughts would be greatly appreciated.
