I am one of the world’s most disorganized individuals, so forgive me if I keep making lists. Managing the ideas that are lurking at the edge your portfolio is a very important part of the business. Learning to rank your ideas, from best to worst, is a skill to learn.
There are some ideas on this list I know and understand, and I am just waiting for a better price. There are other where I only know 50% of the story, and need to do more work.
I have 20 stocks I really like, and about another 200 waiting in the wings
Let’s do a quick list of ideas that are not in my top 20, but are getting close:
Mosaic, FMC, Lindsay
Philip Morris International
BorgWarner
Thor, Polaris
Acadia Healthcare
Evergy, Essential Utilities, +20 more utilities
Rogers
Dow Chemical
Portillo’s, First Watch, Bloomin Brands, Wendy’s
Driven Brands
Interpublic
CNH Industrial
SunOpta
Royalty Pharma, Perrigo, Roche, Azenta, Henry Schein, Charles River, Baxter, Avantor
CH Robinson
Choice Hotels, Norwegian Cruise
Oxford Industries
Bowlero
Carmax
Alaska Air
Phillips 66, HF Sinclair
Darling
John Wiley
Douglas Dynamics
Air Products & Chemicals
VF Corp
Cullen/Frost Bankers, MidwestOne Financial
ConAgra, Keuring Dr. Pepper, McCormack
Duckhorn Portfolio
Ziff Davis
GXO Logistics
Liquidity Services
IFF
Ashland
Sealed Air
PriceSmart
Astec Industries, Energy Recovery, Matthews, Wabash, NuScale, Columbus McKinnon, Great Lakes Dredge
NICE Ltd.
Advance Auto Parts
Matrix Service
Hiedrik & Struggles
Howard Hughes, Cubesmart, Rayonier, Empire
Jacobs Solutions, GE Vernova
Kohls, Nordstrom, Dollar General
Peabody
Trinty Industries, Albany Int., Hillenbrand
Centerra
LCI Industries, Visteon, Gates
Goodyear
Universal Corp
Roblox
Verizon
Arthur Gallagher
Astrana Health
John Bean Technologies
Quest Resource, Gorman-Rupp, Ameresco
Xylem, Norfolk Southern
Masco, Azek, MasterBrand, Mohawk
Green Brick
Vestas Wind