1 month performance = -1.56% 3 m = -0.15% 6 m = +0.27%
As I alluded to in the other thread, stocks that outperform over a period tend to go through a phase where they underperform. AAPL is a good example in point. Unless your actively cycling in and out it's very difficult to repeatedly outperform the market - constant cycling has the nasty side effect of increasing costs for the funds, so naturally you need to find a balance. It appears that the Magellan funds rode the good end of the markets for the past couple of years and have become mentally pinned to it.
My sell sentiment is purely on the stretched market valuation of the company. I may or may not short a few.
MFG Price at posting:
$6.95 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)