Quiet Contrarian. Ep 7: Trades for July 20

Buys

Advanced Nanotek – ANO:ASX – Producer of Zinc Oxide for cosmetics. Incredibly high quality product, management started a turnaround a few years ago and have been implementing well. They’ve fixed supply issues in recent years, and secured major global distribution deals, which they are attempting to grow. Some solid industry tailwinds as well with a number of sun-screen active ingredients being labelled as unhealthy for humans. 

• Stock Quickie – ANO:ASX (Mockingbird)

Sells

The big theme of the month, is a reduction in my American positions. American shares have been on an absolute tear of late, but their market seems overvalued and a bit bubbley (TMCGDP is ~150%). This alongside the state of the broader economy causes me some consternation, and has lead me to decide to bring more of my money back to Australia. I will draw down most of the assets in the States, but continue to hold a few small positions in some of the best of the best.

Alphabet Inc Class A – GOOGL:NASDAQ – Took some profit, rebalanced down.

Apple Inc – AAPL:NASDAQ – Apple killed it this reporting season, and their shares are on a tear. I felt like this would be a good time to take a bit more profit.

Skyworks Solutions – SWKS: NASDAQ – Also killed it and riding the rise of 5G. I think these guys will continue to do great as 5G grows, but I sold out in favour of moving more money home.