Through July, the wider Nigerian stock market recorded a 57.62% gain, but our stock picks achieved 74.84%. That puts our strategy 17.22 percentage points ahead of the NGX All-Share Index (ASI). Our advantage came down to targeting high-quality businesses with strong pricing power that continued to expand earnings, even as profit-taking swept through the broader market.
In this report, we break down how all 10 recommended stocks performed in July and identify the best entry points for the rest of the year.
