12-30-2016, 06:43 PM
Regarding 2016, I remember seeing your request last year but I was just a newbie (I still am) and didn't feel confident enough to voice an opinion, however my personal bet was CVX and I remember going through the mental exercise of picking just one. CVX YTD is not doing too bad at ~37% (glad I went in heavily in late 2015 and early 2016).
My pick for 2017 is the same as EricL, my vote goes for GILD, insanely low valuation, lots of cash in hand, almost -28% YTD returns in 2016... it "has" to go up. I predict +35/40% in 2017. At +40% it would still trade at a P/E around 9ish at 2016 earnings. Same as CVX last year, I'm putting my money where my mouth is and I already am heavy on GILD and I keep buying more.
Btw, I love this exercise, thanks for doing it and keeping tabs on it!
My pick for 2017 is the same as EricL, my vote goes for GILD, insanely low valuation, lots of cash in hand, almost -28% YTD returns in 2016... it "has" to go up. I predict +35/40% in 2017. At +40% it would still trade at a P/E around 9ish at 2016 earnings. Same as CVX last year, I'm putting my money where my mouth is and I already am heavy on GILD and I keep buying more.
Btw, I love this exercise, thanks for doing it and keeping tabs on it!