We’re not too far into 2018 and we’re already off to one of the best starts we’ve seen in over 30 years of managing portfolios! Last year saw Sloy, Dahl & Holst exceed benchmarks and post excellent returns. We expect great things from 2018 as well!
Technology was the leading sector last year and we continue to like this market. We love Facebook, Apple, Amazon, Netflix, and Tesla. In fact, Tesla is our top pick in 2018.
We also really like Financials. We especially like Bank of America. We said a year ago that interest rates were headed higher, and they did. We had 3 interest rate increases in 2017 and we’re set to get 4 this year. This is very good news for financial services and big banks.
Lastly, Emerging Markets is another one we continue to focus on. With the tax cut that we got in October, that make our company so much more competitive overseas. This took tax brackets from 35% to 21% and that’s what’s moving the market! Emerging markets offer better value right now than the US.
It was a great 2017 and we’re looking forward to a fabulous 2018.