Weekly Update
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Across the board it's been a solid week for all portfolio's. And with quarterly earnings on deck shortly this will set the tone for the next month or so.
Notable mentions include, Netflix which set an all time high, showing real strength throughout the year to date. We have been actively managing the position by capitalising on the high prices of late.
Paypal is back into the $80 range, up from a low of $50 due to improved spend per transaction and margin improvement.
Amazon has consistently performed through 2023 and 2024, sitting just shy of it's all time high of $200 (at $190), largely due to efficiencies gained from increased throughput(sales) which are now offsetting the material warehouse expansion undertaken during the Covid years-this was a multi billion dollar drag, previously.
Colgates position was actively managed at its then peak of $110 and with the stock now sitting at $100 we feel it was the right course of action.
Nvidia continues to dominate its markets and its future prospects seem very transparent and visible given their new architecture, Blackwell is effectively sold out through 2025 yet Hopper has yet to peak. We expect some surprisingly large numbers to be reported along with some equally large guides for Q4.
Have a good weekend all
Regards
Adam
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Yup, another thanks for the update and info.
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Thanks
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Many thanks