Kanye's Got The Gift
Kanye west is a self proclaimed genius and his portfolio may give that stance some credence. Last year West chose a portfolio for his wife Kim Kardashian, which has outperformed the S&P 500 by more than 40% to date.
Netflix And Chill
On the Christmas of 2017, West Gifted Kim with shares in NFLX , AMZN , AAPL , ADS-DE and DIS. with the current price of these positions, Kim could be seeing huge profits.
Netflix has grown more than 90 percent makng it the West's highest-earning pick. Since Christmas, Netflix beaten HBO in Emmy nominations, breaking HBO's 17-year win streak. It also struck a multiyear deal with Former President Barack Obama His wife Michelle Obama to produce as of yet undisclosed series and features. Of course, it hasn't been all positive for this blazing stock. This past week, shares dropped over 14% because of news that Netflix fell short of subscriber growth projections. Regardless of the slippage, Kim is holding some impressive returns
Amazon Prime Time
Since the Christmas holiday last yer Amazon has soared more than 50%. Amazon recently announced that 2018's Prime Day was the " biggest in history" with Prime members purchasing over 100 million items during the event. Conversely they hsve had their fair share of setbacks, with shares falling from highs after suffering some glitches at the start of Prime Day. Holding on to Amazon woul make it a good reason to celebrate Christmas in July, after the jump it made post earnings call.
Take A Bite Out Of This Apple
Apple has grown about 14% since Kanye gave it to his wife. in that time Apple has inked a multiyear deal with Oprah Winfrey to create some original content. It also released its Alexa competition, the HomePod smart speaker. It should be noted tha applie is selling fewer iPhones than expected, yet still hangs on and keeps growing towards that trillion dollar marketcap. Keep and eyeout this week for a swift pricechange after their earnings call July 30th.
All Day I Dream About Stocks (ADIDAS)
Recently, Adidas sponsored 12 teams in the FIFA World Cup, but stocks were shaken after it faced a website security breach in late June. This stock is a consistent performer albeit not as hughe a profit magin as it siblings in Kanyes gift to Kim. If Kim held on to this stock she has earned about 7 percent return.
Disney No Cinderella Story Just Greatness
This legendary entertainment company be the weakest link of Kims portfolio thanks to a few starwars flops. the earnings since december stand at a clean 4%. This one is on it way up as it has some great plans for the future.After months of battling finally, In June disney won the U.S. antitrust approval to purchase the majority of 21st Century Fox's assets for a whopping $71.3 billion.
Wests Portfolio Points North
For now it looks like the Genius Kanye west has struck again proving that he truly does have some sense. I wonder if he will start publicizing his christmas stock picks and inspire his fans to be financially literate. Lets hope people take something good from learning about Kanye West's success.
How do you stack up against Kanye? is your portfolio out performing the market averages?? Show us what you are working with in the comments and if you dont have a portfolio yer check out robinhood for commissionless trading.
This article was written by your local sage @masterroshi. Read more of his brilliance on [his blog])(https://www.habarinetwork.com).
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