1. To: Goldman Sachs Portfolio Managers
From: Bilal Greene, Portfolio Manager
Date: November 5, 2015
Subject 2016 Stock Portfolio Picks
Our meeting on Friday, November 6th
2015 was a great introduction to our plans
for the upcoming year of 2016. I hopeeverything is fine with you and your loved
ones. We are changing direction and looking at different sectors. There were
some key decisions made regarding which sectors in the stock market we will
focus on in 2016.
The 1st
sector we agreed upon was the utility sector; there are about four or five
companies we are looking at in this sector. The top 4 companies selected were
Waste Management, Consolidated Edison, American Electric Power Co. and Duke
Energy Corporation. We feel the top company out of the four selected was Waste
Management; they currently manage the recycling of more than 8.5 million tons
of materials, including metal, plastic, glass, electronics and paper at 128 facilities.
The 2nd
sector is retail, the top four stocks weare watching are The Starbucks
Corporation, L Brands, PVH Corp,and Under Armor. In this sector we want to
acquire more shares in The Starbucks Corporation, sinceits mobile business is
really taking off.
In the 3rd
sector we’d like to add the financial sector. In this sector the top four
companies are Morgan Stanley, BlackRock, Wells Fargo & Company and SVB
Financial Group. In this group, we like BlackRock the most; it is the world's largest
assetmanager with over $4.77 trillion in assets under management.
The 4th
sector selected was Health Care, the top four companies in this sector was
UnitedHealth Group Incorporated, Aetna, UniversalHealth Services and Anthem.
The company in this group welike the most would be the UnitedHealth Group, it
has the largestmarket cap. Ithas 80 billion more than its second place rivalry,
which would be Aetna.
All in all, we like the financial sector the best, the federal governmentwill adjust
the rates soon. Itwill mostlikely increasethe financial stocks; with the rates
going up, it would benefit our clients. They will see more of a return in this
sector.