Nicolas Michel Georges Koch @nk69trade: "✅ Dear copiers, happy to..."

France

✅ Dear copiers, happy to share these YTD results with you, and the rationale behind my recent portfolio adjustments 👇 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧: Markets have continued to increase, driven by Q2 results announcements. Especially in the US, companies have mainly beaten expectations for revenues (slightly) and earnings (strongly). 𝐈𝐧 𝐭𝐡𝐢𝐬 𝐚𝐥𝐥-𝐭𝐢𝐦𝐞 𝐡𝐢𝐠𝐡 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧, 𝐈 𝐡𝐚𝐯𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐬𝐨𝐦𝐞 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐰𝐢𝐭𝐡 𝐦𝐲 𝐃𝐨𝐥𝐥𝐚𝐫 𝐂𝐨𝐬𝐭 𝐀𝐯𝐞𝐫𝐚𝐠𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲. 𝐈 𝐬𝐭𝐢𝐥𝐥 𝐡𝐚𝐯𝐞 𝐜.𝟐𝟎% 𝐨𝐟 𝐜𝐚𝐬𝐡 𝐚𝐧𝐝 𝐞𝐪𝐮𝐢𝐯𝐚𝐥𝐞𝐧𝐭𝐬, 𝐭𝐨 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐚𝐝𝐣𝐮𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐢𝐧𝐠 𝐦𝐨𝐧𝐭𝐡𝐬. 𝐘𝐓𝐃: +20% in 2025. Happy to outperform American and European markets once again. 𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐜𝐥𝐨𝐬𝐞𝐝: - $NKE (NIKE) : position reduced, to take part of profit: +13.5%. The company has started to bounce back, especially with better analyst consensus. Let's see the Q2 results - $DBX (Dropbox Inc) I have closed my position, with a -6% loss. I don't see positive drivers for them in the future 𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐚𝐧𝐝 𝐨𝐩𝐞𝐧𝐞𝐝: - 𝐓𝐞𝐜𝐡: $GOOG (Alphabet) and $MSFT (Microsoft) have published outstanding results, with AI effects clearly visible on their businesses. I believe they are the best companies to invest to be exposed to AI revolution - with limited risks. $UBER (Uber Technologies Inc.) : under-valuated in my opinion, with investors expectations on AI and autonomous vehicles revolution. Uber will also benefit from that, and is continuing to secure its worldwide leadership $DDOG (Datadog Inc) , $MDB (MongoDB Inc) , $ESTC (Elastic NV) : offering tools to match AI/data/management new trends. Agile companies with strong moat, and growth ahead - 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞: $LLY (Eli Lilly & Co) and $NVO (Novo-Nordisk A/S SPONS ADR) : I am still very confident in GLP market(s) in the long term, and on the leadership and innovation capacities of these 2 leaders. Both have faced stock price drops in recent weeks - good opportunities to strengthen our position $UTHR (United Therapeutics Corp) I was convinced by their Q2 results - good time to increase my position - 𝐋𝐮𝐱𝐮𝐫𝐲: $MC.PA (LVMH Moet Hennessy Louis Vuitton SA) good buying opportunity with low valuation, I believe the sector will bounce back in medium term, and LVMH is well positioned to benefit from it $CFR.ZU (Compagnie Financiere Richemont SA) strong brands and good management, defensive company 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐝𝐣𝐮𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐭𝐨 𝐜𝐨𝐦𝐞 𝐢𝐧 𝐧𝐞𝐱𝐭 𝐰𝐞𝐞𝐤𝐬/𝐦𝐨𝐧𝐭𝐡𝐬.. 𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝! Thank you for your confidence. Looking ahead to continuing this journey Happy to answer your questions, Nicolas 💚