52-week share price performance of companies held in my family’s portfolios.
First of all, for every company in my family’s portfolios, I continue to monitor and analyze corporate management’s business plan, objectives and financial goals and vigilantly watch their execution and progress. This post focuses only on the share price performance of these companies.
I prefer to follow the share price performance of companies in my family’s portfolios on a rolling 52-week long or more period rather than year-to-date with its January 1 anchor. Since these companies realized their lowest share price roughly 52 weeks ago during a major downturn, especially during the March 12-19, 2020 time frame, I want to share my findings as of March 19, 2021.
The following table rank orders these companies by the percentage of change from the lowest share price in March 2020 to the highest thereafter. Overall with an ongoing COVID-19 pandemic, these are INCREDIBLE NUMBERS!!!
In spite of the current pullback from the highest share prices as shown in the table, the current return for these companies (the change percentage from the lowest share price in March 2020 to the current share price as of March 19, 2021) are very impressive numbers.
**Lowest** **to** **Pullback** March'20 52-wk **Highest** 3/19/21 **Current** **from 52-wk** Lowest Lowest Highest Highest **Price** Current **52-week** **Highest** Companies Ticker Price Date Price Date **Change** Price **Return** **Price** 1 Fiverr Int'l FVRR 20.42 3/18/20 336.00 2/16/21 **1,545%** 224.93 **1,002%** **(33%)** 2 Carvana CVNA 22.16 3/19/20 323.39 3/02/21 **1,359%** 269.22 **1,115%** **(17%)** 3 SiTime SITM 15.42 3/12/20 151.78 2/16/21 **884%** 102.90 **567%** **(32%)** 4 Roku ROKU 58.22 3/17/20 486.72 2/16/21 **736%** 347.51 **497%** **(29%)** 5 CrowdStrike CRWD 31.95 3/17/20 251.28 2/16/21 **686%** 194.63 **509%** **(23%)** 6 Twilio TWLO 68.08 3/16/20 457.30 2/18/21 **572%** 355.80 **423%** **(22%)** 7 Zscaler ZS 35.00 3/12/20 230.88 2/16/21 **560%** 181.56 **419%** **(21%)** 8 Cloudflare NET 15.05 3/16/20 95.77 2/10/21 **536%** 71.69 **376%** **(25%)** 9 Chewy CHWY 20.62 3/12/20 120.00 2/16/21 **482%** 82.53 **300%** **(31%)** 10 Align Tech ALGN 127.88 3/19/20 634.46 2/04/21 **396%** 529.46 **314%** **(17%)** 11 MongoDB MDB 93.81 3/16/20 428.96 2/10/21 **357%** 302.68 **223%** **(29%)** 12 Datadog DDOG 28.88 3/16/20 119.43 2/09/21 **314%** 84.03 **191%** **(30%)** 13 Canada Goose GOOS 12.94 3/17/20 50.05 3/02/21 **287%** 43.81 **239%** **(12%)** 14 Trex TREX 28.11 3/19/20 107.64 2/16/21 **283%** 90.44 **222%** **(16%)** 15 Walt Disney DIS 79.07 3/18/20 200.60 2/24/21 **154%** 191.14 **142%** **(6%)** 16 Amedisys AMED 132.95 3/17/20 325.12 1/25/21 **145%** 269.00 **102%** **(17%)** 17 LHC Group LHCG 100.00 3/18/20 236.81 11/09/20 **137%** 195.52 **96%** **(17%)** 18 Adobe ADBE 255.13 3/18/20 536.88 9/02/20 **110%** 441.50 **73%** **(18%)** 19 Netflix NFLX 290.25 3/17/20 593.29 1/20/21 **104%** 512.18 **76%** **(14%)**
Note: Current 52-week Return is from the lowest share price in March 2020 to the current share price as of March 19, 2021.
The following table displays companies by GICS sectors.
**Lowest** **to** **Pullback** March'20 52-wk **Highest** 3/19/21 **Current** **from 52-wk** GICS Sector/ Lowest Lowest Highest Highest **Price** Current **52-week** **Highest** Companies Ticker Price Date Price Date **Change** Price **Return** **Price** **Information** **Technology** • SiTime SITM 15.42 3/12/20 151.78 2/16/21 **884%** 102.90 **567%** **(32%)** • CrowdStrike CRWD 31.95 3/17/20 251.28 2/16/21 **686%** 194.63 **509%** **(23%)** • Twilio TWLO 68.08 3/16/20 457.30 2/18/21 **572%** 355.80 **423%** **(22%)** • Zscaler ZS 35.00 3/12/20 230.88 2/16/21 **560%** 181.56 **419%** **(21%)** • Cloudflare NET 15.05 3/16/20 95.77 2/10/21 **536%** 71.69 **376%** **(25%)** • MongoDB MDB 93.81 3/16/20 428.96 2/10/21 **357%** 302.68 **223%** **(29%)** • Datadog DDOG 28.88 3/16/20 119.43 2/09/21 **314%** 84.03 **191%** **(30%)** • Adobe ADBE 255.13 3/18/20 536.88 9/02/20 **110%** 441.50 **73%** **(18%)** **Communication** **Services** • Roku ROKU 58.22 3/17/20 486.72 2/16/21 **736%** 347.51 **497%** **(29%)** • Walt Disney DIS 79.07 3/18/20 200.60 2/24/21 **154%** 191.14 **142%** **(6%)** • Netflix NFLX 290.25 3/17/20 593.29 1/20/21 **104%** 512.18 **76%** **(14%)** **Consumer** **Discretionary** • Fiverr Int'l FVRR 20.42 3/18/20 336.00 2/16/21 **1,545%** 224.93 **1,002%** **(33%)** • Carvana CVNA 22.16 3/19/20 323.39 3/02/21 **1,359%** 269.22 **1,115%** **(17%)** • Chewy CHWY 20.62 3/12/20 120.00 2/16/21 **482%** 82.53 **300%** **(31%)** • Canada Goose GOOS 12.94 3/17/20 50.05 3/02/21 **287%** 43.81 **239%** **(12%)** **Health Care** • Align Tech ALGN 127.88 3/19/20 634.46 2/04/21 **396%** 529.46 **314%** **(17%)** • Amedisys AMED 132.95 3/17/20 325.12 1/25/21 **145%** 269.00 **102%** **(17%)** • LHC Group LHCG 100.00 3/18/20 236.81 11/09/20 **137%** 195.52 **96%** **(17%)** **Industrials** • Trex TREX 28.11 3/19/20 107.64 2/16/21 **283%** 90.44 **222%** **(16%)**
Note: Current 52-week Return is from the lowest share price in March 2020 to the current share price as of March 19, 2021.
Here my comments about these companies:
FIVERR INTERNATIONAL (FVRR)
I first discovered Fiverr in July 2020 and made my initial investment on 7/17/20 at $80/share. So as of 3/19/2021, my 7-month old investment is up a satisfying 181%.
See my 2/21/2021 post, Fiverr’s superb ongoing growth performance.
I am the Carvana (CVNA) investor, who first brought this high growth company to the attention of this board back on 11/26/18 in my post, CVNA TWLO top price & revenue gainers.
Thereafter, I continue to post quarterly updates.
After reaching a share price high of $115.23 on 2/20/2020, CVNA along with many other companies began an alarming steep downward trend to a 52-week low share price of $22.16 on 3/16/2020 - an 80.7% drop! I began selling most of my CVNA holdings after the stock price dropped more than 25%, i.e., around $87 and lower/share. After evaluating and deciding that this major pullback of CVNA share price presented a huge buying opportunity at share prices in the 20s, over a 4-day trading period (3/18-23/2020) I began focusing on accumulating as many as possible CVNA shares using cash-on-hand and confirmed proceeds from sales of other stockholdings in my family’s IRA accounts. Since then, the CVNA share price soared 1,359% to a recent high of $323.39 on 3/2/2021 from $22.16 on 3/19/2020. Yes, I’ve trimmed back my Carvana investment.
This company remains one of my favorite diversified long-term investment holdings. I’m still working on an update post on CVNA Q4 and FY 2020 financial results.
ALIGN TECHNOLOGY (ALGN)
Back in May 2017, I first brought Align Technology (ALGN) to the attention of this board due to its strong fundamentals, superior value creation for shareholders, a solid capital structure with zero debt and strong growth performance in revenues, net income and EPS.
Thereafter, I continued to post here quarterly results.
My buy and hold investment in ALGN came to a screeching halt in October 2018, when ALGN realized an inexplicable precipitous 49% drop in share price from $398.88/share on 9/25/2018 to a $203.12/share low on 10/25/2018. I managed to sell all my shares after a 25% drop or at $300/share. I set aside about 30% of my ALGN sale proceeds to reinvest again in ALGN after the pullback ended and invested the 70% balance in TWLO and ZS in October and November and Carvana (CVNA) and ROKU in December. ALGN share price continued to fall and bottomed out at $177.93/share on 1/4/2019. As ALGN began to rebound in January 2019, I reinvest the withheld 30% in ALGN. By 5/16/2019, ALGN had reached a high of $334.64/share before falling again. I sold all my ALGN holding when the share price fell below $300/share. I again set aside the same amount that I had in January to reinvest in ALGN after the pullback ended. Again ALGN rose and fell precipitously from $334 on 5/16/2019 to $172.11 on 8/28/2019.
At that time, I saw a pattern developing that I named “see the pyramids along the Nile”, a lyric from a 1958 oldie “You Belong to Me” by The Duprees. The same pattern repeated again, i.e. climbing back up from $172/share (when I soon after reinvested in ALGN again) to a $301.65 high on 1/9/2020. We all know well the stock price drops for most companies in March 2020. I again sold all my ALGN shares when the price dropped below $300, continuing to a low of $127.88 on 3/18/20. With the end of the pullback, ALGN share price began soaring upward; this time I reinvested only 20% of the sale proceeds in ALGN and the 80% balance in Carvana (CVNA). Preceded by the 3 pyramids of Giza, here went up again a steeper pyramid that I named after the Transamerica Pyramid in San Francisco, far exceeding my expectations by soaring up almost 400% to an all time high $634.46/share on 2/4/2021. Yes, I’ve trimmed back my ALGN holding.
Here’s a Big Chart of the 5-year stock price for ALGN, showing this “see the pyramids along the Nile” and Transamerica Pyramid in the making.
CANADA GOOSE (GOOS)
Back on 7/5/2018, I first introduced this Canadian company to this board in my post, Heads up on an explosive growth company, with subsequent quarterly posts.
In December 2018, I quickly bailed out of my GOOS holdings soon after the arrest of Huawei Chief Financial Officer Meng Wanzhou (daughter of Huawei’s founder) by Canadian officials on a warrant from the US. She is facing charges of bank fraud for allegedly misleading HSBC Holdings Plc about Huawei Technologies Co Ltd’s business dealings in Iran, causing the bank to break US sanctions. Meng’s arrest caused a chill in diplomatic relations between Ottawa and Beijing. Shortly after Meng was detained, China arrested two Canadian men who now face spying charges and sent protesters to boycott GOOS retail outlets in China.
Although GOOS stock prices plummeted, I kept this company on my watchlist and in March 2020 decided to re-invest in GOOS at $13/share. Since then, the stock price soared 287% to a high of $50.05 on 3/2/21. On 8/11/20, Canada Goose had announced that it was doubling its footprint in mainland China by adding four stores, out of seven planned openings globally.
Meanwhile, Meng remains under arrest in Canada, and her case in scheduled to wrap up this coming April.
TREX COMPANY (TREX)
I continue to be a long-term investor in Trex Company (TREX) that I first brought to attention of this board back on 6/11/2018, when increasing growth in annual revenues (almost at Saul’s back then “at least 20% per year” requirement that Trex management projected would soar higher than 20%), net income and EPS that I believed merited mentioning here.
6/11/2018 TREX my ‘outside of the box’ holding
Recently, on 2/18/2021 Motley Fool David Gardner interviewed Trex CEO Bryan Fairbanks.
Since it was first recommended to Rule Breakers members in July 2012, shares of Trex Company (NYSE:TREX) have gained an incredible 2,980%. To put it another way, a $10,000 investment in Trex when Motley Fool co-founder David Gardner first recommended it would be worth almost $300,000 today.
I’m not only a CHWY investor, but also a long time online customer since 5/12/2016.
Since this is an “outside of the box” company here, I’ll just add that CHWY is a growth company, up 68% y-o-y for FY ending Jan 2019 and up 45% y-o-y for the quarter ending October 2020. The pet industry expenditure in the U.S. was forecast to reach approximately 99 billion dollars in 2020. U.S. consumer expenditure has gradually increased year-on-year, growing by around 560 percent between 1994 and 2019. The increase in the household penetration rate for pet-ownership in the U.S. could partly explain the rise in pet industry expenditure. In 2017, some 68 percent of American households owned one or more pets, in comparison to a 56 percent pet-ownership rate in 1988.
ADOBE (ADBE), ROKU (ROKU), AMEDISYS (AMED), LHC GROUP (LHCG), SITIME (SITM)
These are solid diversified companies, operating in the black and held in my family’s various accounts as long-term investments.
THE WALT DISNEY COMPANY (DIS)
After the Chairman/CEO Michael Eisner-COO Frank Wells-CFO Gary Wilson executive team took over the corporate leadership and management of Walt Disney Productions in September 1984, in October 1984, I made my initial Disney investment of only 59 shares, held in a taxable account, that today have increased to 3,394 total shares due stock splits (4:1 in 1986, 4:1 in 1992, 3:1 in 1998) and DRIP (dividend reinvestment plan) shares.
I eventually had these particular taxable shares isolated and “parked” in The Walt Disney Company Investment Plan for the benefit of my beneficiaries (wife and daughter), who under present law would be able to take advantage of the stepped-up basis loophole which allows the basis of an inherited asset (e.g., stocks, real estate investments, or other property) to be stepped up to the value at the time of the original owner’s death. This reduces the capital gains taxes owed by the person who inherits the asset. While I do not want to stray off the straight and narrow way at this board, I’ll just end by relating that the full-service law firm in Southern California that my family uses for estate planning has already provided us proactive actions and measures in response to the past November election where now Biden’s proposed tax plan will most likely (a) reduce the amount people can pass on at death free of taxes to $3.5 million and limit the amount individuals can transfer in gifts to $1 million, and (b) raise taxes on capital gains. While nothing here is absolutely bullet proof, I try to stay ahead of the curve.
My wife also in 1984 acquired Disney shares for her pension plan, now held in her IRA. I as well hold Disney shares in my IRA as a long-term investment.
I saved this one for last because my first Netflix investment back in 2012 was for me a transitional one between value and growth investing.
On 9/1/2013, LeKitKat, then the leader at the Value Hounds board, concluded her Netfix post as follows [with my emphasis in bold]:
Costs, earnings and cash flow are unimportant at this stage in the company’s growth. These aren’t the numbers that matter to investors –subscriber adds and exclusive content coups are paramount. With evidence that traditional pay TV subscribers and DVD sales are in decline, the market looks wide open for a first mover and technically superior streaming service like Netflix to put itself in every household that has internet access. With enough subscribers and as a dominant provider with pricing power, they should see better margins and higher earnings. As of October 2012, 88 million US households had high speed internet (72% penetration) suggesting that the current 27 million domestic streaming subscribers has room for enormous growth. International growth is reckoned to be even greater. That’s what investors are banking on.
I added to this thread, comments made by Whitney Tilson in a 6/7/2013 TMF interview, where Tilson identified himself as an “opportunistic value investor” who casts a pretty wide net, probably wider than most value investors because he has yet to find someone who owns both Netflix and Berkshire Hathaway.
Tilson: I saw a lot of value in Netflix at $50 just seven months ago, when I pitched it at my conference, the Value Investing Congress. I said, “At $54, I can name a dozen companies that would love to own 30 million subscribers for $3 billion.” About $100 a subscriber is what Netflix was valued at, at the time.
In a world where cable subscribers, cell phone subscribers, etc. are trading sometimes as high as $1000 a subscriber, here’s Netflix at $100 a sub. Well, today Netflix is at about $400 a sub, having quadrupled.
I still think the company has a very, very long runway; that it could grow and grow and grow for the next 10 years, in the same way Amazon has in the past 10 years. I see a lot of parallels with Netflix today. I’ve been trimming Netflix all the way up. It’s still a 3.5-4% position, where it was back at $50 a share. It’s the same 3-4% position at $200 a share.
I ended with this comment: LeKitKat and Tilson both conclude what matters here are more subscribers, more revenues and more content, i.e., for opportunistic investors with really wide nets.
The eye opener for me was the following reply post by Jack Crow, one of my Fool favorites [my emphasis in bold]:
I suspect at a certain critical mass of subscribers and content Netflix will continue the cheap subscription price but include commercials while premium payers could avoid them.
The game isn’t won yet. Cable companies have tons of content and the infrastructure to deliver it to your house and with an app to your mobile device as well. The real question is which cable company will be willing to abandon their current “we own the subscriber and they have to do what we tell them to” approach. If none or of if they move too late they will be second tier content providers.
Guess who would be first? If AAPL and MSFT jump in with both feet with their horde of cash they will have a bunch of catch up to do.
Will the next generation of consumers view GOOG, NFLX, AAPL and MSFT the way their grandparents view FOX, ABC, CBS and NBC?
The game is afoot and it will not be won by a value company.
On 7/15/2015, Netflix stock split 7:1, and I continue to hold Netflix as a long-term investment.
Also, on 1/2/2014, Saul launched his own discussion board that I soon after began following and contributing very few, but hopefully meaningful on topic posts.
Despite an ongoing COVID-19 pandemic, all the above mentioned companies bounced back superbly from the March 2020 downturn, attaining all-time highs in share prices during the recent past 52-week period.
As always, conduct your own due diligence and decision-making.
An opportunistic investor with a wide net