If we are in an extended downturn, I think the best plan is the same as if you are in a bull market: always seek to increase the quality of your holdings. Here’s my portfolio for your consideration:
12.9% Alteryx - you know the story, they are rocking the data analysis world
10.8% Twilio - leader of communications as a service.
10.7% Mongo DB - the future of databases, if they can keep others from pilfering IP.
9.4% Oneoke- coiled spring due to the transition to natural gas & well placed pipelines.
9.4% Mercadolibre- Great growth in online shopping and payment systems in Latin America.
7.9% Square - cashless society & stupid drop due to CFO departure - might buy more.
7.7% The Trade Desk- Great tailwinds & advertising alternative to Facebook and Google :o)
7.5% Skyworks- Business has been SOLID, but they have been punished due to being a large Apple supplier. I think 5G will cause a step change in cell phone demand + IOT device sales to benefit Skyworks greatly.
4.9% Align - crushed due to a recent marketing debacle, but TAM still looks good. Competition needs to be watched carefully - low conviction stock.
4.1% Zscaler- Awesome earnings. Planning to nibble a bit at this, though valuation seems high to me.
3.5% Arena Pharmaceuticals- very, very promising pipeline, with exceptionally low risk for a clinical stage pharmaceutical company.
Cash is balance, but being steadily employed in these and new ideas. Stocks that I am considering:
Teledoc - demographic shifts should benefit this business, though I am not sure the management can scale this well enough to capture the value.
Abiomed- Demographics and the technical moat seem to position these guys well. Recent drop makes them even more appealing.
OKTA - Keep telling myself that I have enough SaaS stocks, but their performance seems to be too good to stay away from.
Illumina - Leader in genetic testing.
Guardant Health - Love the technology around cancer detection.
My day job does not permit me to spend the time that Saul and others do on their portfolios. I am deep into 4 R&D projects that I love. I could retire, enjoy spending more time on my investments, but I would build a Bat Cave to do research and end up doing the same thing anyway. Because of that and because I am stubborn when it come to investments, I tend to wait and see more than Saul does. That does not benefit me during bull markets, but is helpful now as I am finding a bunch of stocks that I think are attractive now.
Anyway, if your looking for some growth ideas, I hope these are worth you consideration.