QVI Portfolios Review | Fall 2023 | #2

Part Two of a Series | Consumer Discretionary Sector Holdings

Photo by Wance Paleri on Unsplash

Summary

• This review of Quality Value Investing’s portfolios covers the six consumer discretionary sector holdings.

• The TJX Companies, NIKE, Williams-Sonoma, DICK’S Sporting Goods, Penske Automotive Group, and Amazon are covered in this post.

• The review includes updates to QVI’s checklist research and analysis of each company’s current wealth and the stock price’s present value.

• Any changes in my view (buy, hold, sell) are reflected in the QVI Concentrated and Expanded Real-Time Portfolios.

• This post, in its entirety, is exclusive to premium (paying) subscribers.

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Uncovering the winning stocks of enduring enterprises

When referencing this report, premium (paying) subscribers can access their Quality Value Investing (QVI) Glossary of Investing Terms and Metric Targets. Unless noted, all data presented is sourced from Seeking Alpha Premium as of the market close on September 26, 2023, and intended for illustration only.

In this series, Quality Value Investing (QVI) reviews the holdings in the QVI Real-Time Portfolios by sector to update each stock pick’s performance, current wealth, and present value.

Today’s post reviews QVI’s consumer discretionary sector holdings: The TJX Companies (TJX), NIKE (NKE), Williams-Sonoma (WSM), DICK’S Sporting Goods (DKS), Penske Automotive Group (PAG), and Amazon (AMZN). 

Company Current Wealth

To uncover the current wealth of the company, QVI defines the value proposition, measures select returns on management and assesses enterprise downside risks.

Value Proposition

QVI value proposition section defines the competitive advantages of a company’s products or services to its customers compared to the industry, including the stock’s historical performance vs. the sector and market.

Value Proposition Elevator Pitches

The TJX Companies has superior inventory management, a powerhouse global buyer network, and consistent financial performance.

NIKE’s Swoosh is the moat, and it’s as wide as the logo is famous. 

Williams-Sonoma’s high-quality brand and growing omnichannel storefronts remain a favorite among an affluent and loyal customer base.

DICK’S Sporting Goods is the primary sporting goods retailer in its local markets and often the only game in town. 

Penske Automotive Group is a fabulously run, enduring enterprise and a favorite among customers and employees. Its highly competitive value proposition stands out in the crowded automotive marketplace.  

Amazon enjoys retail market dominance, including the ever-growing reliance of large businesses on AWS, consumers and small businesses on Prime, and authors and book buyers on KDP.

Performance vs. Sector and Market