I'm buying ten random stocks in the new year
Just to see what happens!
I’ve now covered four of the five benchmarking portfolios I’ll be setting up at the start of 2021: Wild Stuff, Shiny Stuff, Safe Stuff, and Big Stuff. For the last portfolio, I’ve collected ten stocks from the S&P 500 at random to create “Random Stuff.” The idea behind this portfolio is to test the performance of throwing darts at a dartboard (i.e. putting zero thought into stock selection and just picking whatever). After picking random numbers, here are the ten stocks I ended up with:
#. Company Name (Ticker) - Market Capitalization (in Billions $USD)
Deere & Co. (DE) - 84.4
DuPont de Nemours Inc (DD) - 51.0
Gilead Sciences (GILD) - 71.5
Allstate Corp (ALL) - 32.6
HP Inc. (HPQ) - 31.3
Edison Int'l (EIX) - 23.5
Align Technology (ALGN) - 41.6
ConocoPhillips (COP) - 42.2
Eversource Energy (ES) - 28.8
DaVita Inc. (DVA) - 12.9
I’ll be the first to admit there are a few companies in here I know nothing about. That should make this portfolio especially fun to watch next year!