Momentum-Juul @Momentum-Juul: "𝗣𝗼𝘀𝘁 𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝘁𝗵𝗲..."

Norway

𝗣𝗼𝘀𝘁 𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝘁𝗵𝗲 𝘀𝘁𝗼𝗰𝗸 𝗺𝗮𝗿𝗸𝗲𝘁 The stock market has experienced a bullish period in November, largely due to the post-election effects. Trump’s victory was seen as positive for stocks, primarily tied to expectations of corporate tax cuts. In the longer term, however, I believe it is the usual cyclical forces in the financial markets that will drive the stock market upwards, not the election outcome. The S&P is flirting with the 6000-point threshold and will likely soon establish itself above this level. There have been significant fluctuations in individual stocks and especially in cryptocurrency following the election. We also saw some strong movements in this portfolio of stocks in early November, mostly in the upward direction, allowing it to outperform the broader S&P index. $HCKT (The Hackett Group Inc) jumped 17% on November 5th, and so far in November, it is the portfolio's clear winner with a 27% increase. The consulting firm reported strong third-quarter results, which exceeded the company's previous guidance. Moving forward, Hackett Group aims to expand its GenAI efforts by doubling implementation resources and excpect higher IT budgets for AI initiatives in 2025. Supported by robust operational cash flow, the company has accelerated its stock repurchase program and announced a quarterly dividend. $SANM (Sanmina Corp) surged 13% on November 6th following strong quarterly results. The same happened for $ATKR (Atkore Inc.) which jumped 15% on the same day, without any clear news. It is likely attempting to correct the significant decline in its stock price from 2024. $NTES (NetEase Inc.-ADR) was also up 10% on November 14th. The gaming company experienced a 29% year-over-year and 30% quarter-over-quarter growth. NetEase's performance in the third quarter highlights its strong position in the gaming sector, along with its achievements in music and educational technology. With a varied portfolio and strategic ambitions for global expansion, NetEase consistently showcases its potential for growth and innovation within the competitive digital entertainment landscape. It will be interesting to see if the S&P can establish itself above the 6,000 level in the second half of November.

4 Mentioned

HCKT

The Hackett Group Inc

SANM

Sanmina Corp

ATKR

Atkore Inc.

NTES

NetEase Inc.-ADR

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