Good afternoon,
The Academic Experiment was a success! The Nasdaq Long Short Portfolio returned 3.7% Tuesday through Friday. Attached are the results along with updated ratings, option opportunities, valuation rankings, and rough multiple pricing for the Nasdaq 100.
· Analog Devices, Inc, was upgraded to a hold due to depreciation in price.
· Netflix, Inc., NetEase, Inc., and Broadcom Inc. matured into hold ratings.
· Pinduoduo Inc.’s valuation was raised to a hold upon further evaluation due to their impressive earning figure last quarter.
· Sirius XM Holdings Inc. was a reevaluated as well, it maintained its sell rating.
Maxim Integrated Products, Inc. was dropped from the Nasdaq 100 and CrowdStrike Holdings, Inc was added. This inclusion will be represented in the next print.
Regarding performance related to Buy, Hold, and Sell rankings, this week the market was incorrect on 41 of the hundred securities.
I can be reached at sales@unreformedandbroker.com .
The results are attached.
Warmest Regards,
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