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Best Stocks Recap: Energy Transfer Equity Still a Pipeline of Profits

The following is an excerpt of a piece originally posted on InvestorPlace. You can read the full article here.

It’s bad form to gloat. Apart from making you insufferable to be around at parties, you’re temping fate… and inviting a reversal of fortune.

That said, I’m going to risk it and toot my own horn here for a moment. I’ve had a good string of successes in InvestorPlace’s annual Best Stocks contest. I took the top prize in 2011, the very first year of the contest, when my pick – credit card behemoth Visa (V) – racked up a 34% return. I followed that up in 2012 with a strong performance by Turkish mobile operator Turkcell (TKC), just barely missing the top slot with a 37% return. And I reclaimed my crown in 2013 when German luxury automaker Daimler (DDAIF) rolled to victory with a 65% return.

Alas, you can’t win them all. My 2014 pick, South African mobile operator MTN Group (MTNOY) finished in last place, losing 6%. And my 2015 pick, business development company Prospect Capital (PSEC) finished in the middle of the pack, losing a modest 4%.

Well, in 2016, I got my groove back, winning InvestorPlace’s Best Stock for 2016 contest with a 55% return in Energy Transfer Equity (ETE). Over the six years of the contest, my picks have returned an average of 30%. Not too shabby. Taking the top spot in 3 out of 6 years and coming in a close second in a fourth… I’ll take that!

In 2017, I chose General Motors (GM), which is thus far off to a respectable start (see General Motors Will Roll to Victory). May the best stock win!

You can read the full article here.

Note: the returns reported here are reported by InvestorPlace for its annual Best Stocks contest and based on closing prices at year end. Results are not based on an actual traded portfolio but on the written recommendations of the contest participants. As always, past performance is no guarantee of future results.

Disclaimer: This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities nor is it intended to be investment advice. You should speak to a financial advisor before attempting to implement any of the strategies discussed in this material. There is risk in any investment in traded securities, and all investment strategies discussed in this material have the possibility of loss. Past performance is no guarantee of future results. The author of the material or a related party will often have an interest in the securities discussed. Please see Full Disclaimer for a full disclaimer.

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2016: Enjoy Your Victories While You Can

Well, it’s over. The stock market is officially closed for 2016.

All told, it was a successful year for me. My firm increased its assets under management by a good chunk, and my returns for the year were solid. My Dividend Growth portfolio absolutely crushed the S&P 500, and I took first place in InvestorPlace’s Best Stocks for 2016 contest with a whopping 53% return in Energy Transfer Equity (ETE).

Source: InvestorPlace. Past performance no guarantee of future results.

But as I enjoy this moment, I’m also reminded how fragile all of this can be. I lost two good friends and mentors this year, gentlemen who had a lot of faith in me at a time when no one else did. I will profoundly miss both of them, and I regret that I’ll never be able to repay the debt of gratitude I owe them. My practice would have never gotten off the ground without them.

So while I’m a little deflated this New Year’s Eve, I’m going to celebrate the end of a good year and look forward to the start of another one because I am all too aware that it can all come screeching to a halt tomorrow.

Happy New Year, and may 2017 be your best year yet.

Disclaimer: This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities nor is it intended to be investment advice. You should speak to a financial advisor before attempting to implement any of the strategies discussed in this material. There is risk in any investment in traded securities, and all investment strategies discussed in this material have the possibility of loss. Past performance is no guarantee of future results. The author of the material or a related party will often have an interest in the securities discussed. Please see Full Disclaimer for a full disclaimer.

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Best Stocks Contest: Sizing Up the Competition in 2017

It’s temping fate to celebrate early, but I’m feeling good about the Best Stocks for 2016 contest right about now:

Data as of 12/28/2016. Past performance no guarantee of future results.

Regardless of how the contest shakes out, I’m still long Energy Transfer Equity (ETE) and believe the stock price could easily double from these levels over the course of the next 2-3 years. I have no intention of selling.

Congratulations to all the contestants this year on a fight well fought.

But now it’s time to look forward to a new year… and the Best Stock for 2017.

The contest isn’t live yet… and won’t be until next week. But you can see the contestants and their picks ahead of time. My pick, of course, is General Motors (GM), and you can read my rationale here.

You’ll definitely see some familiar faces here, Jason Moser, Louis Navellier and Hilary Kramer are all returning.

Best of luck to all… and bring it on!

 

 

 

Disclaimer: This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities nor is it intended to be investment advice. You should speak to a financial advisor before attempting to implement any of the strategies discussed in this material. There is risk in any investment in traded securities, and all investment strategies discussed in this material have the possibility of loss. Past performance is no guarantee of future results. The author of the material or a related party will often have an interest in the securities discussed. Please see Full Disclaimer for a full disclaimer.

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With Two More Weeks To Go…

Going into the final two weeks of 2016, I’m hanging on to a five-point lead in the Best Stocks for 2016 contest. May the best stock win!

ete

Follow the Best Stocks contest live here, at InvestorPlace.

Disclaimer: This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities nor is it intended to be investment advice. You should speak to a financial advisor before attempting to implement any of the strategies discussed in this material. There is risk in any investment in traded securities, and all investment strategies discussed in this material have the possibility of loss. Past performance is no guarantee of future results. The author of the material or a related party will often have an interest in the securities discussed. Please see Full Disclaimer for a full disclaimer.

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