Thndr Top Picks – February 2022👌

February 2022 Thndr Top Picks👌
We’re excited to share with you our February 2022 top picks based on factor investing!

February Top Picks📈

News Scan📰

Speed Medical (SPMD) was our third-highest top pick (Thndr Score: 3.67), but the hearing for the two lawsuits filed against SPMD by the FRA was postponed to February 21st, 2022.

We removed SPMD from our top picks in light of the recent controversy, although we maintain that the company’s fundamentals are solid.


Top Picks Additions & Removals🔄

Despite its sharp decline towards the end of January, ADIB is again our February 2022 top pick with a 3.92 Thndr score. ADIB declined right after the bank announced it approved doubling its capital, which tends to happen to stocks when their companies announce rights issues. COMI was the only entrant to the top 10 picks, replacing SAUD. The rest of the picks were reshuffles between January’s top 10 picks. 


February Bottom Picks📉


8-Month Top Picks Performance📈

We tracked the performance of the companies that were included in our past eight months’ picks, & the results were great. If you had invested equally in the past eight months’ top picks, you would have made a 15.23% return vs a 12.21% return on the EGX30.


Factor Investing⚡

We believe that long-term investing based on fundamental research is the right thing to do. Yet, we understand that it can be quite overwhelming & time-consuming. 

We decided to develop our own solution that is based on factor investing.

Factor investing is an investment approach that chooses securities based on attributes that are associated with higher returns. This solution should lay the groundwork for your investment decisions homework in a scalable manner.


Summary of Factors used📖
General Factors🏢

Additional Factors for banks🏛️
 

It is important to note that fundamental factors explain returns over a long investment horizon. Speculative stocks, in contrast, may significantly outperform fundamentally solid stocks in the short term despite the absence of any understandable catalysts.