We are using some available cash in both models to add to existing positions. In Top 20, the name we are purchasing had gotten ahead of itself and we had trimmed it. This purchase brings it back to a reasonable size position, though still below average. The company reports on Thursday. We will learn more about how well the integration of their recent acquisition is going and if there is any improvement in fundamentals (not likely). The stock offers a 43% return if it hits my target a year from now.
In CG/B, we are adding to a recent new purchase in the Technology sector which also offers 43% price return if my target is achieved plus a dividend yield of 2.2%. This trade leaves us at our maximum of 75% stocks.
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