hey guys how's it going it's Andy from Magoo investing happy Tuesday
so usually I like making my portfolio video on the first day of the month
usually because it makes it easier to see how my stocks are performed in the past month but
with all the things that have been going on with GameStop Stock (GME Stock) and the momentum plays
I wanted to give my opinion on it and kind of give my reasoning for why I’m worried for
new investors and so if you missed that video I will link it above right now but
in that video I kind of talked about the reasoning that I wasn't getting involved in these momentum
plays is that there wasn't a trade plan or a trade thesis that I could go off of to have a reason for
why I was buying into these stocks more than just everyone's buying there's a lot of momentum on
its side and so that's the reason why I stayed away from it and so today I’m going to be doing
a slightly different version of these portfolio videos that I’ve done in the past normally I just
kind of talk about the recent news events that have been affecting the stock but in today's video
I want to go through each of my individual eight positions that I have and talk about
in around one to two minutes talk about why I am still involved with this stock I’m going to give
my reasoning for why I think this is a bullish play going forward because I think it's a really
important exercise to do on a regular basis maybe not every month but maybe every couple months
especially if a stock has gone down recently because for a stock that's gone down it usually
brings some doubt into your mind that maybe this is not the best play in the world and I think it's
important to go through your investments and kind of have a reasoning for why you're involved with
the stock still because there's always better options out there and if you find a stock that
maybe you don't feel as strongly about now compared to how you felt months ago I think
it's a good idea to go through and kind of review your positions so before getting started I do have
to say that I’m not a licensed financial advisor and this is not financial advice anything here in
this video is just me giving my own opinions on the stock market and you need to do your
enrichment before making any investment decisions also if you've been enjoying these videos I really
appreciate it with that like and subscribe button as would help my channel out a lot
just a reminder since I do have eight individual stocks it will take a while to go through each of
them so there are time stamps in the description below if I’m talking about a stock that maybe
you're not as interested in and I’m also going to be organizing these based off of uh
the kind of the breakdown of uh which stocks I have the most weighting in my portfolio currently
so my portfolio has changed a lot in the past month I will throw up what it looks like at the
beginning of this year in early January the main thing is that I had GameStop Stock (GME Stock) as
a part of my position this was a stock that I talked about towards the end of December
and I wanted to finally take a position on it so that made up a decent amount of my portfolio
and as of February I’ll put that up right now you can say that it's no longer there and I
have a new edition of the portfolio with NextEra Energy Stock (NEE Stock) energy ticker symbol $NEE
but as you'll see my largest position I guess it's lack of a position is still in cash and so
the reason I’m still in cash is my trade thesis or just my opinion on the overall stock market
is that hopefully maybe not hopefully because people will lose money from it but I’m kind of
expecting that we will see a market pull back in the next couple weeks or months I have been saying
that for a long time but eventually something's going to have to give and I don't know what that
catalyst is going to be yet but I am prepared to take advantage of any discounts that we see
overall and while I have had a decent amount of my portfolio sitting in cash I was able to
outperform the overall stock market in the month of January so the s p 500 increased by 2.3 percent
and my portfolio went up 2.7 percent and that's even with the 30 plus percent of my portfolio
sitting in cash so that's showing that I’m picking stocks that are doing much better than the overall
market even though I’ve had a couple stocks that have gone down in the past month I’ve had
some big winners in the past month and my option plays have been boosting up my portfolio overall
so as I mentioned I’m going to go through each of my positions and give a quick one
to two minute summary of why I’m still involved in the stock and why I feel bullish on it overall
the first stock I’m going to be talking about is my largest position and it's also the most
complicated one with General Electric Stock (GE Stock) Ticker Symbol $GE which is 19% of my
portfolio overall so I made a video talking about why I was going quote-unquote all in
on General Electric Stock (GE Stock) and why was my favorite stock to buy of 2021 so I’m
going to give a couple reasons why number one is I think it's a great recovery stock play
for the past I don't know six months I’ve been talking about recovery plays as being a
great option that's why I have if i think about it around three of my stocks are still recovery plays
but I think General Electric Stock (GE Stock) is one of the ones that has not bounced back as
well as the other ones the main reason behind that is their largest and most profitable part
of their business comes from aviation which was crushed in 2020. so, when that comes back online,
they're going to be making a lot more money and I think this would be a great recovery play
going into 2021. number two I think renewable energy is going to be a huge sector moving
forward and I think there's going to be a lot of green energy initiatives put in place by the
Biden administration so I’m assuming that General Electric Stock (GE Stock) based off of their track
record of working with wind farms in Lithuania and the largest wind bank off the coast of the uk
I expect that they'll be involved in that as they are a us based company and this is a stock that
I’ve been using my wheel strategy on for people that don't know the wheel strategy basically
I’m selling a put based off of a company that I really like and I wouldn't mind owning 100 shares
if the stock falls I end up buying 100 shares the stock had fallen recently so I do own uh more than
100 shares at this point and after I do that I’ve pocketed that premium and then I end up selling
a covered call meaning that I’m selling a call against the shares that I own and I’m using that
premium to buy more shares of General Electric Stock (GE Stock) because I am very bullish on it
with this wheel strategy it does limit your upside potential because I’m capping the upside to my
gains uh with selling the covered call but the way I’m kind of counteracting that and the reason why
I’ve bought an option for the first time ever is the past two times that I’ve gone
quote unquote all in on a company has been with GameStop Stock (GME Stock) and
sonos stock (SONO Stock) ticker symbol $SONO in both of these times I was 100% right about
where the stock was going to go and it shot up in price significantly after I talked about it
so to make sure that if the stock does increase in price rapidly and I have capped my gains a
little bit with a covered call I have decided to buy a very long out of the money call so this is a
call that it will expire in January of 2022 so there's a long way to go and I
made a video talking about what I’m going to be doing specifically with that option
and I’ll link that video above right now but I have a very strong feeling
about General Electric Stock (GE Stock) and that's why it's the largest part of my portfolio
and I’m using the premiums that I’m bringing in from selling the options to buy more shares so
eventually I’m going to have at least one lot just kind of sitting in my account but as of right now
I do own the 100 shares plus because I did sell that put and got assigned the second largest
position in my account is Southwest Airlines Stock (LUV Stock) airlines ticker symbol luv currently
luv is down 2.4 in the past month and it's around 14 of my account I’ve had this position for a long
time and its overall up 45 which is very solid when I was talking about General Electric Stock
(GE Stock) with recovery plays Southwest Airlines Stock (LUV Stock) airlines was the first one
that I decided to buy because I thought it was probably the best position to airline to do well
sooner rather than later so they are a budget airline which means that I think that they're
going to be doing very well when the pandemic ends and a lot of the cost sensitive consumers
are going to be looking at travel considering they haven't been able to do that for a while and when
you look at budget options I think Southwest Airlines Stock (LUV Stock) is the best by far
also they have great books with very high margin meaning that they'll be very effective at turning
revenue into actual income compared to some of the other airlines some of the larger airlines like
united stock (UAL Stock) American Airlines Stock (AAL Stock) and delta Stock (DAL Stock) which have
which bring in a lot of revenue but their margins aren't as good and then finally I think since they
operate mainly domestic routes I think they're going to be in much better shape compared to the
larger international airlines like delta united and American they're going to have to worry about
the politics of the opening borders before they can run their most profitable routes so overall I
think Southwest Airlines Stock (LUV Stock) is the best airline overall and that's why it's been a
part of my portfolio for six plus months at this point the next largest position is actually the
newest position in my account which is going to be NextEra Energy Stock (NEE Stock) energy tickle
symbol $NEE so NEE makes up around 10% of my account and it's been up 9.2% in the past month I
bought this on my birthday as I wanted to include more green energy stocks into my overall portfolio
this is one of the reasons why I also bought into General Electric Stock (GE Stock) stock and if
you watch that video I went into depth why I did that I’ll link that above right now but similar
to General Electric Stock (GE Stock) I bought it because I think green initiatives will be
a very strong force in the sector going forward and since it is the largest energy company in the
us and has taken that a title away from companies like chevron uh and Exxon Mobil I think it's in a
great spot right now when you look at its track record it's been incredibly stable when you talk
about growth it's a dividend aristocrat and when you look at the charts since 2000 it has
had incredible results so this is an incredibly stable company that will do well with the green
initiatives in addition it's just a fantastically run company it's the largest energy company in the
us so I feel very comfortable owning it for a long-term investment next up being nine percent
of my portfolio is Planet Fitness Stock (PLNT Stock) stock ticker symbol pl and t which is down
4.4 in the past month when I look at my overall positions it's probably the one that I feel the
least strongly about there is a pretty good chance by the time I get to the end of this month this
stock may be maybe half the size or completely gone but the trade thesis and the reason why I
bought in the first place was the fact that it was a recovery plan it had a lot of the same positives
as something like a Southwest Airlines Stock (LUV Stock) airlines considering it is a budget option
in their sector so as I mentioned this was a recovery plan it has done very well for me
bringing in 35 overall but when I look up the charts right now you can see that there is a
very solid resistance at the 80 mark and while it was able to get above that for a little bit
it did not hold very long so I definitely should have considered selling my position at that point
and as of right now I’m not sure how much more upside potential will have considering that
unlike Southwest Airlines Stock (LUV Stock) airlines where they are able to do some business
uh even though we still have the pandemic going on my personal gym in Oregon is completely shut
down so they're not making any money right now and I think this could be a position that's not
going to do as well compared to some of the other positions that I own right now
so maybe towards the end of this month I may consider getting rid of this stock and just
locking in the 35 profit that I’ve made already next up with eight percent of my portfolio is Nike
Stock (NKE Stock) stock ticker symbol $NKE which is down one point four percent in the past month
since I am in Oregon it only feels natural to have Nike Stock (NKE Stock) stock when I
look around at companies that have extremely high brand loyalty I think of Nike Stock (NKE Stock) I
think of lululemon and I think of Apple Stock (AAPL Stock) and so these are stocks that
no matter the economic times I’m not really worried about them having a major dip because
the brand loyalty is so high this is the best performing long-term hold that I have in my
portfolio being up 67 since I opened its position this is a stock that I feel very strongly about
I think it's a great blue chip stock that has shown the complete dominance in their sector of
Nike Stock (NKE Stock) overall and it's a stock that I feel very comfortable owning for a long
position it is a very local company considering I can get to the headquarters
in less than 10 minutes and that's a reason why I’m very comfortable owning the stock I think
it is one of the best retail stocks overall even though they're not a fully traditional retailer
they've shown that they can do a lot of their online sales if they need to with a pandemic but
this is a stock that I’ve owned for almost a full year at this point and I won't be considering
selling it anytime soon this will probably be a stock that I own for the entirety of my life
with a very similar kind of thought process I have Microsoft Stock (MSFT Stock) ticker symbol
$MSFT with six percent of my portfolio and it's up seven point eight percent in the past month
this is a stock that really doesn't need to be explained why it's one of my favorite long term
positions out there when I think about stability I think about Microsoft Stock (MSFT Stock) it has
three revenue sources that bring in at one third of their revenue overall so you have
overall stability you don't have to worry about one part of their business lacking and having
to be a huge detriment to the company because this is a stock and a company that has shown that it is
very resilient where if you have a quarter where one of their parts of their business struggles
it is boosted up by the other parts and when I put up the charts in 2017 you can see it's been
incredibly stable it's been a part of my portfolio for a long time I don't see myself selling anytime
soon and along similar lines we have Apple Stock (AAPL Stock) ticker symbol $AAPL then
you have Apple Stock (AAPL Stock) which is only three percent of my portfolio and it's up 1.8%
on the past month when I think about stability I think about Microsoft Stock (MSFT Stock) and
Apple Stock (AAPL Stock) these are two of the largest companies in the
us Apple Stock (AAPL Stock) is a two trillion dollar business and I don't see them struggling
anytime soon the only gripe I’ve had with them in the past is that iPhone sales were too large of
a percentage of their revenue or if they have one bad year or maybe the product isn't up to the high
standards that they have or if there's some tough economic times they might see a hit but over the
past couple quarters they have shown that where they can General Electric Stock (GE Stock)t fully
away from iPhone sales and not have it be you know the most important part of their business
obviously iPhone it's still a majority of their revenue but it's not as bad as it used to be so
Apple Stock (AAPL Stock) is one of these stocks I’m going to be buying and holding Jim Cramer
always talks about Apple Stock (AAPL Stock) is not a stock that you should trade it's a stock
that you should buy and hold forever and I’m fully on board with that it is only three percent of my
portfolio so anytime we see a drop we'll probably buy in but it's a part of my portfolio and I don't
see that changing anytime soon and then finally I have Zynga Stock (ZNGA Stock) stock which makes
up less than one percent of my account this is a stock that the position was started because I
had done the wheel strategy on the stock I had sold a put I bought a couple shares I
sold a call and the shares got taken away from me but I end up still having those shares so
this is a stock that I should probably buy back into it's a stock that I feel pretty good about it
uh but as of right now it is less than one percent of my account and they should probably bring it
up to like five to ten percent of my account considering how much cash I just have sitting
on the side and there's a stock that I can use to wheel strategy on and I have used that strategy
for the past like six months to a lot of success so mobile games have an incredibly high margins
because of their macro transactions and they don't have to worry about investing in new technology to
focus on the next generation consoles considering all of their games are put onto mobile
which doesn't change as much year every year so overall I think this is a great company they've
shown that they've been very effective at milking revenue from games that are multiple years old
which is always a great sign considering they don't have to worry about pumping out new games
year after year they're very good at bringing in money from games that are not brand new so
overall zing is a stock that I should probably buy more of when I look at my overall portfolio
I’m pretty happy with it I should probably cut down the amount of cash which I’ll probably use
to buy into Zynga Stock (ZNGA Stock) and I might sell my Planet Fitness Stock (PLNT Stock) position
because I don't feel as comfortable about it as I did a couple of months ago so overall
that's my position that's kind of my trade my trade plans and my trade thesis for
all the positions that I own right now and I think it's a good exercise to go through and
kind of do this with all your positions so you kind of know why you're buying into these stocks
instead of just buying it because yeah you know a couple months ago it looked good so thanks for
watching this video I hope you guys have a great Tuesday and I will see you in the next video