CMCSA - 10 Coiled Spring Blue-Chip Bargain Buys
2024-03-29 07:00:00 ET
Summary
- The market is near record highs and NVDA is up 11 straight weeks. Yet, blue-chip coiled spring bargains are still bountiful.
- VFLO is the best deep value strategy ETF I've found. A great combo of deep value, quality, and growth. It's beating the S&P, value, and even the Nasdaq since inception.
- Combining ETFs with individual stocks is a great way to potentially achieve superior returns and yield than ETFs can achieve.
- These 10 deep value coiled spring blue-chip bargains have significant fundamentally justified return potential in the next year.
- They yield 3.4%, have BBB+ average credit ratings, are growing 12% to 13%, and are 42% historically undervalued. Their average 12-month fundamentally justified return potential is 79%.
Annual rebalancing time is a joyous opportunity to examine one's portfolio, potentially prune weeds, and water the flowers.
Vanguard research shows that annual rebalancing is optimal. Annual rebalancing can boost long-term yearly returns by 0.6% over time.
- The "only free lunch" on Wall Street is diversification because of rebalancing.
Morningstar research confirms that annual rebalancing is highly efficient regarding taxes and maximizing volatility-adjusted returns. It's also convenient if you're using an automated rebalancing software platform.
I'm rebalancing the Zen Value portfolio today. The Zen series of portfolios consists of 50% ETFs and 50% individual blue-chips....
10 Coiled Spring Blue-Chip Bargain Buys