At the beginning of the year, I put together a list of Top Investment Picks for 2018 from the investment community and track them on this website. This is just meant to be a fun exercise to see how the picks do. As part of the process, I intend do provide quarterly updates on the picks to see how they are doing. This is the update after Q1.
Note that you can track the progress anytime by going to the Stock Picks page.
At the end of Q1, the top picks stand as shown below.
Dividend Investor leads the charge with a 47.8% return in Q1, in what has turned out to be a sea of red for the others. Congrats to shareholders of Imagin Medical (IME) — hope you were/are a holder DI. At the beginning of the year, this is what DI had to say about this company:
“Human trials are just now beginning. Potential expected results in 2018. They have what it takes to be very successful and potential acquired by a larger player. Extremely vast market for bladder cancer follow up technologies.”
Only 8 of the 36 picks are green as of Q1 2018 and will be interesting to see how things turn out for the rest of the year. My pick, including the rest of the crypto market, is going through a bloodbath as most crypots are down almost 1/2 in value since start of the year.