RemoRossi @RemoRossi: "*Weekly Update* This week I added..."

United Kingdom

*Weekly Update* This week I added exposure to the following names: $WBD (Warner Bros Discovery Inc) $CYTK (Cytokinetics Inc) $AES (AES Corp) $SLB (SLB Ltd) $ALK (Alaska Air Group Inc) $BA (Boeing) $WBD was trading lower yesterday which enticed me to add some further exposure to the name. The company trades at a steep discount compared to peers such as $PSKY (Paramount Skydance Corp) $NFLX (Netflix, Inc.) $FOX (Fox Corporation) $DIS (Walt Disney) .12 month target price for $WBD sits at c. $15.65 which leaves a return potential of c.48.5%. $CYTK had a sizeable price correction yesterday off the back of reports mentioning that $NVS (Novartis ADR) is backing away from pursuing a deal with $CYTK .An analyst at Truist argues that it could take time for a potential acquisition to come to fruition. I believe the utility sector will perform well throughout 2024, thus $AES price correction yesterday enticed me to add further exposure to then name. $SLB remains a top pick for me within the energy sector with a 12 month price target of c.$68.81 resulting in a return potential of c.41%. There is good analyst coverage of the name with consensus of a strong buy. I added exposure to both $ALK and $BA for reasons I mentioned in a post this week. My portfolio has gained 2.07% over the week. Main drivers of performance include: $NVDA (NVIDIA Corporation) $AMD (Advanced Micro Devices Inc) $UBER (Uber Technologies Inc.) $DAL (Delta Air Lines Inc (DE)) $DDOG (Datadog Inc) $CRM (Salesforce Inc) $META (Meta Platforms Inc) Losers for the week include: $NOVAQ $BA $SLB $WBD $AES If you want to know more about my portfolio and strategy, feel free to get in contact with me. Happy Friday!