Technology Bets Lead the Way among the Smart Money Masters

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

U.S. stock markets broke out to new highs last week, as the market resumed its upward momentum.

The tech-heavy Nasdaq took the lead once again, rising 1.08%. The S&P 500 closed up by 0.71%, the Dow Jones recovered 0.55% and the MSCI Emerging Markets Index ended the week 0.51% higher.

Your Smart Money Masters’ holdings continued to march to the beat of their own drummer. BlackBerry Ltd. (BBRY) rose 5.09%, Paypal Holdings (PYPL) jumped 4.58% and Costco Wholesale (COST) rallied 1.41%.

Overall, your Smart Money Masters’ portfolio continues to show strong gains. Three positions are showing double-digit-percentage gains. Only one position is showing a loss. Among your current positions, all are profitable and all are currently BUYS with the notable exception of Navigator Holdings (NVGS).

The technology sector has been on fire. On Monday, nearly half of the stocks in the sector reached a 52-week high, one of the highest readings since 1990.

You see this strength in your own portfolio.

Paypal Holdings (PYPL) is up 30.88% and is the top performer in your Smart Money Masters portfolio. Your other technology bet — BlackBerry Ltd. (BBRY)  also has been on a tear and now is up 24.58% in just two months.

In contrast, slow and steady bets like Warren Buffett’s Berkshire Hathaway (BRK-B) and Markel Corp (MKL) tend to lag in these “risk off” type of environments.

Dan Loeb lightened up on his positions in Baxter International (BAX) after trimming his holding by 11.37% in the first quarter. There is no reason to worry, as he still holds 46 million shares of the company to account for a whopping 23.28% of Loeb’s publicly disclosed portfolio.

Portfolio Update


Nicholas Vardy

Nicholas A. Vardy

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

previous article

Each week I will be providing a conservative and an aggressive recommendation for my VIP Alliance members. Each of these is an existing recommendation from my investment and trading services, but ones that I feel are particularly timely. Here are my favorite recommendations right now. I. Conservative Recommendation Johnson & Johnson (JNJ) A recommendation in Alpha Algorithm, this blue chip stock has been lagging higher


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • Intelligence Report
  • Bullseye Stock Trader

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor