Welcome to your latest edition of SPI-Club “Signals”.
Here’s your report on the Model Portfolio Innovative Disruptive Equities for August 17, 2023:
There was little cheer in the Disruptive Innovative Space yesterday.
It was a real mixed bag of plusses and minuses with three Picks, Evogene (Bio Science) -19.16% and Wolfspeed (Semi-Conductors) -17.06% the standout fallers. They are an ADD TO at these prices.
The positive was Organigram who announced they had been chosen by 4C LABS to be the preferred supplier of Medical Cannabis flower to deliver innovative new products to the UK market.
Organigram rose 11.27% on the day, it is up 41.07% on the year to date, and has an all-time upside of 396.84%, achieved on 28/05/2019.
The Stand-Out Sectors in 2023
- Artificial Intelligence
The standout sector in 2023 unsurprisingly remains the Artificial Intelligence Sector that has averaged 79.44% across 8 Picks with all in positive territory. AI has a long way to go and is a must for a growth portfolio.
- Nuclear Energy
Only one pick at the moment, Cameco Corp, which is up 67.34%.
- The Metaverse
The Metaverse with 5 Picks has averaged 40.37% with Nvidia leading the pack gaining 167.24% this year.
- Other Double Digit Gainers are Commodities – 6 Picks averaging +34.60%, Cloud Technology – 3 Picks averaging 18.46%, Semi-Conductors with 9 Picks averaging 27.26%, and Electric Vehicle Suppliers with 4 Picks averaging13.73%.
Summary
For me the greatest medium to long-term value is in the 3D Printing Technology with 3 Picks, and Space Exploration Sectors with 5 Picks, where there is an upside to their average all-time high share prices of 1,007.76% and 3,581.40% respectively!
That is it for today.
Best regards
Stuart Langan
Founder SPI-Club