Altman Z: Balance Sheet Fortress
Buys companies whose balance sheet can withstand a recession. The Altman Z-Score — a figure that condenses liquidity, profitability, leverage, and revenue efficiency into a single bankruptcy early-warning number — sits in the safe zone of 2.6 or above in every available quarter. Added to that: at least 7 points on the Piotroski score, which sums up financial solidity in points, and interest coverage of at least 10, meaning operating profit covers the interest due at least ten times over. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. New positions are added once a month; a stock is sold as soon as it no longer meets one of these conditions or is no longer rated green.
This portfolio buys shares.
- Performance
- +0.08%
- Lead over QQQ
- −0.78%
- Largest drawdown
- −2.69%
- Win rate
- —
- Cash ratio
- 79.9%
- Portfolio value
- $100,076
Performance against the yardsticks
What the portfolio holds
| Stock | Shares | Entry | Price | Value | Share |
|---|---|---|---|---|---|
| LRCX | 68.59 | $291.60 | $293.00 | $20,096 | 20.1% |
| Cash | — | — | — | $79,980 | 79.9% |
The rules of this portfolio
- Buys
- once a month
- Sells
- checked every trading day: rating turned red, stop-loss hit, holding period over, or the stock dropped out of the selection.
Every trade with its reason
The complete history of this portfolio, most recent trade first. It is never truncated — it doubles as the recommendation history required by Art. 4(1)(i) of Delegated Regulation (EU) 2016/958.
| Date | Stock | Action | Shares | Price | Reason |
|---|---|---|---|---|---|
| 07/27/2026 | LRCX | Buy | 68.59 | $291.60 | Newly selected |