None of the following is to be misinterpreted as a recommendation to buy or sell any particular stock or investment, only commentary on our proprietary investment strategy of the Mainsail Equity Model, exclusively available to qualifying investors at Northshore Wealth Management.
Need some positive news from the stock market? Netflix, one of the focused holdings in Northshore Wealth Management’s Mainsail Equity Model, is currently up 17% year-to-date like a shining a star on a dark night, and analysts are optimistically setting their price targets 20% higher from here. After their recent healthy earnings report, Morgan Stanley and JPMorgan were among the analysts who had plenty of nice things to say about NFLX. The stock beat earnings estimates and maintains a bright, stable outlook for continued growth. From my view, their financial statement paints a picture looking just right for increasing revenue to continue transferring to shareholders, qualifying NFLX to remain in our Mainsail Equity Model for the foreseeable future.
In other positive news, Mainsail doesn’t hold Tesla. I wrote about TSLA earlier this year, and I maintain my opinion that it is a great company with great potential, but it was greatly overpriced, and a correction was overdue, regardless of politics. Regardless of my opinion, the Mainsail Equity Model has strict fundamental criteria for a stock to qualify for one of the limited positions in this focused growth strategy, and TSLA doesn’t meet the criteria. We don’t select stocks with hopes and prayers, we just stick to the rules of intelligent investing. TSLA’s earnings report is due later today, but no matter what they report, the Mainsail Equity Model isn’t buying it.
Northshore Wealth Management 