Good morning,
Historically-strong December proved challenging and saw the market and many of our Hot List holdings pull back. Since our last official update on December 5, just 2 of our 10 holdings were positive, while only 4 outperformed the S&P 500’s 3.2% decline.
The average return of those 10 holdings was exactly the same as the S&P 500 (-3.2%) since December 5 but the average return for current holdings since they were added is still more than 5% ahead of the market.
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