John Stephenson
John Stephenson is the president & CEO of Stephenson & Company. His focus is North American large caps and resource stocks.
Top Picks:
WhiteWave Foods (WWAV.N)
Last Purchased on June 4, 2015 at $46.71
- WhiteWave makes non-dairy creamers and alternatives which capitalizes on a trend toward healthier food choices
- It is growing very quickly and is quite likely an acquisition target by a packaged foods company
Allergan Plc (AGN.N)
Last Purchased on May 6, 2015 at $283.61
- Is a rapidly growing specialty pharmaceutical company
- It is growing both by acquisition and organic growth
Moncler (MONC IM) – Borsa Italiana
Last Purchased on July 8, 2015 at €15.36
- Is a fast growing specialty luxury retailer
- Luxury goods such as the outerwear that Moncler produces are being snapped up globally at three times the rate of global GDP growth making it a very fast growing stock in an attractive niche
Past Picks: August 18, 2014
General Motors (GM.N)
We sold our position on April 2, 2015 at $36.43
- We believe that the OEM car companies are in the 8th or 9tth inning
- The obvious catalysts for the stock had gone
- China and Europe slowing
Then: $34.40 | Now: $31.40 | -8.72% | TR: -5.35% |
* Short* J.C. Penney (JCP.N)
- We closed off our short position on December 29, 2014 at $6.48
- Margins were recovering – around 540 bpsIn 2014 revenues were up 3.4%
Then: $9.87 | Now: $8.95 | +9.32% | TR: +9.32% |
Citigroup (C.N)
Then: $49.51 | Now: $54.56 | +10.20% | TR: +10.35% |
Total Return Average: +4.77%
Market Outlook:
Investors globally have been consumed with fear concerning a Grexit and whether a bubble in Chinese stock markets could be imploding. While the markets may be unsettled this is the best time for investors to be buying stocks on market pullbacks.