In this article, we will take a look at the 5 stock picks of Graham Stephan. To see more such companies, go directly to Graham Stephan Stock Portfolio: 10 Stock Picks.
In this part of the article we will take a look at some stocks and ETFs taken from Graham Stephan’s watchlist on public.com and from his “monkey” stock portfolio (we aren’t kidding, Graham Stephan actually took inspiration from a monkey to invest a whopping $100,000 in the stock market in 2022 based on a random selection method).
In December 2021 Graham Stephan made a video showing how he randomly picked some stocks and outperformed the market. His experiment was based on some reports which said that at several instances, a blindfolded monkey was made to pick random stocks. These stock picks were then compared to those of market experts and results showed that the monkey did a better job at stock picking.
After his successful experiment in 2022, Stephan picked 10 more stocks using his monkey stock picking method by randomly choosing some companies and investing $10,000 in each of them. While results of these investments are still awaited, we will mention three of these companies in this article, in addition to two companies that appear on Graham Stephan’s stocks watch list on public.com
5. IPG Photonics Corporation (NASDAQ:IPGP)
IPG Photonics Corporation (NASDAQ:IPGP) is a manufacturer of fiber lasers. IPG Photonics Corporation (NASDAQ:IPGP) has gained about 8% over the past one year and 28% year to date in 2023 through March 9.
4. First American Financial Corp (NYSE:FAF)
First American Financial Corp (NYSE:FAF) is another stock picked up by Graham Stephan as part of his random stock-picking experiment. First American Financial Corp (NYSE:FAF) has lost about 18% over the past one year.
3. Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation (NASDAQ:COST) is one of the most notable defensive stock picks that gained attention throughout 2022. Costco Wholesale Corporation (NASDAQ:COST) is performing well in 2023, having gained about 7.3% through March 9.
2. iShares U.S. Aerospace & Defense ETF (BATS:ITA)
Graham Stephan’s public.com watchlist shows iShares U.S. Aerospace & Defense ETF (BATS:ITA), one of the top defense ETFs which has been gaining attention in the backdrop of the Russia-Ukraine war and the West’s relentless military help for Ukraine. iShares U.S. Aerospace & Defense ETF (BATS:ITA)’s top holdings include Raytheon, Lockheed Martin and Boeing.
1. Uber Technologies, Inc. (NYSE:UBER)
Uber Technologies, Inc. (NYSE:UBER) is added to Graham Stephan’s watchlist on public.com. It is also one of the most popular stocks among the elite hedge funds tracked by Insider Monkey. As of the end of the fourth quarter of 2022, 135 hedge funds tracked by Insider Monkey reported owning stakes in Uber Technologies, Inc. (NYSE:UBER). The biggest hedge fund stakeholder of Uber Technologies, Inc. (NYSE:UBER) was Panayotis Takis Sparaggis’s Alkeon Capital Management which owns a $317 million stake in the company.
You can also take a peek at 15 Best Short-Term Stocks to Buy and 10 Best Stocks to Buy for High Returns.
