S&P 500 Index (SP500) Monica L. Correa,
![Stock Market Peak](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1270318806/image_1270318806.jpg?io=getty-c-w750)
DNY59
Wells Fargo analysts updated their Signature Picks list, an “eclectic” portfolio of stocks that represent the Equity Research team’s best ideas.
The portfolio has outperformed the S&P 500 (SP500) year-to-date by 15.6%, although the portfolio cash has dropped from 13.4% to 11.2%.
Analysts added AvalonBay (AVB) and Vertex Pharmaceutical (VRTX) to the list, swapped some JPMorgan (JPM) for Citigroup (C), and cut Nvidia (NVDA) from 6.8% to 5%.
Here is the full list, all stocks rated overweight:
- The Walt Disney Co. (DIS) – list weighting: 4.6%
- Pinterest Inc. (PINS) – list weighting: 4.1%
- Autozone Inc. (AZO) – list weighting: 2.7%
- Amazon.com Inc. (AMZN) – list weighting: 7.1%
- Caesars Entertainment (CZR) – list weighting: 1.3%
- Constellation Brands Inc. (STZ) – list weighting: 3.8%
- Arch Capital Group (ACGL) – list weighting: 3.6%
- Citigroup Inc. (C) – list weighting: 3.7%
- JPMorgan Chase (JPM) – list weighting: 1.3%
- Mastercard Inc. Class A (MA) – list weighting: 3%
- Progressive Corp. (PGR) – list weighting: 3.1%
- AbbVie Inc. (ABBV) – list weighting: 3.9%
- Vertex Pharmaceuticals Inc. (VRTX) – list weighting: 2%
- Apple Inc. (AAPL) – list weighting: 10.7%
- CrowdStrike Holdings Inc. (CRWD) – list weighting: 3.4%
- Nvidia Corp. (NVDA) – list weighting: 11.8%
- NXP Semiconductors N.V. (NXPI) – list weighting: 3%
- Synopsys Inc. (SNPS) – list weighting: 4.6%
- Albemarle Corp. (ALB) – list weighting: 0.5%
- Celanese Corp. (CE) – list weighting: 2.3%
- AvalonBay Communities Inc. (AVB) – list weighting: 2%
- CMS Energy Corp. (CMS) – list weighting: 1.1%
- NextEra Energy Corp. (NEE) – list weighting: 2.2%