Our Focus List Stocks: Long Model Portfolio[1], the best of our Long Ideas, has beaten the S&P 500 by 19% since the start of 2021 through the first nine months of 2024. See Figure 1. This outperformance underscores how important reliable fundamental research can be.

Through the first nine months of 2024 however, the Model Portfolio underperformed the S&P 500 by 9.3% (up 8.2% vs. 17.6% for the S&P 500). See Figure 2.

Buy the Focus List Stocks: Long Model Portfolio

Figure 1: Focus List Stocks: Long Performance Since Beginning of 2021

Sources: New Constructs, LLC

Figure 2: Focus List Stocks: Long vs. S&P 500 in First Nine Months of 2024

Sources: New Constructs, LLC

Figure 3 details the Model Portfolio’s performance, which includes all stocks present in the Model Portfolio at any point in the first nine months of 2024.

Figure 3: First Nine Months 2024: Performance of the Focus List Stocks: Long Model Portfolio

Sources: New Constructs, LLC
Performance includes stocks in the Model Portfolio in the first nine months as well as those removed during the same time (13 stocks).

Professional and Institutional members get real-time updates and can track all Model Portfolios on our site. The Focus List Stocks: Long Model Portfolio leverages superior fundamental data, which provides a new source of alpha.

We’re here to help you navigate these turbulent times. Our uniquely rigorous fundamental research consistently earns #1 rankings in several categories on SumZero.

This article was originally published on October 11, 2024.

Disclosure: David Trainer, Kyle Guske II, and Hakan Salt receive no compensation to write about any specific stock, sector, style, or theme.

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[1] Stocks are in the Focus List Model Portfolios for different periods of time as we open and close positions during the year. When measuring outperformance of the Focus List Model Portfolios, we compare each stock’s return to the S&P 500’s return for the time each is in the Focus List Model Portfolios. This approach provides an apples-to-apples comparison of how each stock performed vs. the S&P 500.

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