Ultimate Stocks: 14% growth in 2020
US software stocks have helped our Ultimate Stocks Portfolio put in a stellar performance, despite the difficulties of 2020. But we're not happy with all of our stock picks. Read on to find out which global giant will be replacing a British laggard in our portfolio.
On average, the share price of the 25 companies in our portfolio has risen 14% in the year to date, compared to 7% growth from the S&P 500 and a 21% decline in the FTSE All Share.
While we continue to despair at the seemingly nonsensical buying which has pushed PayPal’s share price up 86% in the year to date, our heavy exposure to the companies swept up in the hype has served as well.…
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