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TCEHY - Project $1M: January Melt Up Driven By Atlassian MercadoLibre And Salesforce; Veeva Added
Tencent Holdings Ltd. ADR
Project $1M has started 2020 with a bang! It's a strange month when a dominant performance by Amazon (AMZN), which was up almost 10% for the month on some very strong results, still wasn't enough to make it one of the strongest portfolio contributors (curiously, I had picked Amazon as one of 3 stocks I believed were well positioned to outperform in 2020).
The portfolio returned a shade under 6% for January. While the performance of Project $1M wasn't as good as the SG Emerging Leaders performance, it was still creditable compared with