01-14-2024, 09:33 AM
(This post was last modified: 01-14-2024, 09:34 AM by ken-do-nim.)
(01-13-2024, 05:57 AM)rayray Wrote:(01-10-2024, 07:24 AM)ken-do-nim Wrote: By the way, I will share my portfolio when I overhaul it sometime around 2026. In the middle of 2023, I completely switched up my portfolio to be mostly homebuilder stocks & funds. Homebuilders are in a sweet spot until mortgage rates get low enough that existing home sales become competition again, but that won't happen experts say until mortgage rates reach about 5%, when all these people with mortgage rates in the 3s and 4s are expected to say, "Good enough" and try to upgrade their homes. Whenever that happens, I will switch back to a diversified DGI portfolio, but until now I am riding the wave. My first half year doing this was awesome.
I've been thinking about builders but haven't gone there yet--they had a hell of a run--but lots of "certain" stocks had great runs in 2023.
Sure that's a great point. Toll Brothers went up 80% in the last year, but Broadcom went up 91% in the last year. Pulte Group is up 105% in the last year, but Nvidia is up 209% in the last year. However, Toll Brothers has a P/E of 8.20, Pulte Group 8.51, whereas Broadcom is 33.59 and Nvidia 72.24, and I think the best is yet to come for homebuilders. That said, the last time I looked at Nvidia's P/E ratio, it was 120, so that's a legitimately awesome company.
And in all of this, quiet Eli Lilly just keeps printing money too. Up 79% in the past year, 451% in the past 5 years, and is just consistently up every day. Admittedly the P/E is 116.
So that's pretty much my top 5 at the moment.