In the first of our year-end specials, Michael Farr shares with you his Top Ten for 2020!
Each year, Michael selects a list of stocks that he personally purchases with the intention of holding for one year. He invests an equal dollar amount in each position, then re-invests the following year in the new list.
This week, Michael shares the stocks that make the list for 2020, and a bit about the investment thesis and outlook for each.
A special reminder for the Top Ten List: The FarrCast is for information purposes only and any mention of a security should not be construed as a recommendation to buy or sell. The listener should not assume that an investment in the securities identified was or will be profitable, or the appropriateness of these specific security for a specific portfolio. Before you make any investment decision, we strongly recommend you consult with a financial professional to determine what may be best for your individual needs and your goals. If we can be of assistance at Farr, Miller & Washington, please contact email@example.com and I will put you in touch with one of our professionals who will be glad to help.
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