Today’s Trading Playbook
Amr Hussein Elalfy CFA, Head of Research
KEY THEMES
Exactly three weeks ago, we listed here 19 stock picks across different sectors. From time to time, we like to keep track of our stock picks’ performance versus the market. Below is a chart showing the performance of those 19 stock picks, all of which averaged a positive 5.81% vs. 2.57% for EGX 30. A quick view on the underperformers’ list, we note that COMI and EAST are lagging, probably because foreign investors are still net sellers in the market. On the other hand, the outperformers’ list includes real estate, small-cap banks, and a select few of the consumer names – all listed below.
11 outperformers vs. EGX 30: OCDI, EXPA, AUTO, MHOT, MNHD, CANA, HRHO, CLHO, ORWE, MICH, SWDY.
8 underperformers vs. EGX 30: OLFI, CIRA, ETEL, EKHO, COMI, EAST, ISPH, MTIE.
Source: Bloomberg.
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