The Peter Lynch Investor » Newsletter » Peter Lynch Portfolio September 2023
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Peter Lynch Portfolio September 2023

Darcy Paterson

Sep 19, 2023  

The Free Peter Lynch Portfolio for September has some new names… let’s take a look at this month’s entrants:

  • Magic Software Enterprises Ltd (MGIC)
  • Sinclair Inc (SBGI)
  • Trustco Bank Corp N Y (TRST)
  • Northrim BanCorp Inc (NRIM)

A quick glance at Magic Software’s (MGIC) key stats shows it has a 5.84% dividend yield. It has a PEG ratio of 0.2475 and a pretty steady 5-year earnings growth rate of 18.56%. It’s price has been in decline since June ‘21. The reason for the slide isn’t immediately available but I’m guessing it might be collateral damage from overall tech pessimism.

I wrote a few new articles. This article on cyclical energy stocks is worth a read now that oil prices are on the rise again. It might be a good time to add some energy to your portfolio. One of the three company’s is up over 30% YTD excluding the generous dividends.