In the past week, The Numbers made some interesting trades in its portfolio. Let’s dive into the performance of these stocks and see how they fared.

First up, we took a bullish stance on Verizon Communications. It proved to be a wise decision as the stock gained 0.82% during this period. Verizon, a leading telecommunications company, has been expanding its 5G network and investing in innovative technologies. This positive momentum likely contributed to the stock’s upward movement.

Next in our portfolio was NVIDIA Corporation, a well-known name in the world of graphics processing units (GPUs). Unfortunately, our decision to go long on NVIDIA didn’t turn out as expected as the stock lost 0.59% during this period. While NVIDIA has been a strong performer historically, this dip could be attributed to various factors such as market volatility, sector-wide challenges, or even profit-taking by investors.

Lastly, we had faith in Intuit, a company that specializes in financial management solutions. However, the stock didn’t perform as well as we had hoped and lost 0.57% over the week. It’s important to note that sometimes even fundamentally strong companies may experience short-term setbacks due to market dynamics or specific industry trends.

When we look at the overall picture, our portfolio, which included these three stocks, experienced a gain of 0.66%. While there were some losses on individual stocks, the overall performance remained positive. This demonstrates the importance of diversifying one’s portfolio to mitigate risks.

Comparing our portfolio to the broader market, we outperformed the S&P 500 by 1.15%. This is a significant margin given that the S&P 500 recorded a return of -0.48% during the same period. It’s always satisfying to see our investment strategies pay off, especially when we can outperform the market benchmark.

In conclusion, the past week brought a mixed bag of results for The Numbers’ portfolio. While Verizon Communications gave us a boost with its positive performance, NVIDIA Corporation and Intuit faced some challenges. Nevertheless, our overall portfolio managed to secure a gain and outperformed the market. As always, these fluctuations in stock prices remind us of the importance of careful analysis and diversification in investment decisions.