Jonathan Heller JonMhellerCFA

Jul 26, 2023 | pro.thestreet.com | Jonathan Heller JonMhellerCFA |Jonathan Heller |Helene Meisler |Doug Kass

Things are heating up in triple-net land, as my annual Triple Net Active Versus Passive Portfolio is rounding third, and headed for home. Since the last update in early June, the Russell 2000 Index has had a nice run (up 4.7%), while the Russell Microcap Index (up 1.2%) has been more sedate. During that same timeframe, both the Active (up 6.2%) and Passive (up 4.5%) portfolios have gained some ground.

Apr 21, 2023 | pro.thestreet.com | Jonathan Heller JonMhellerCFA |Jonathan Heller |Helene Meisler |Doug Kass

Five months since inception, this year's Triple Net Active Versus Passive Portfolio experiment is rolling on, even as smaller names have had a rough couple of months. Since the last update in February, the Russell 2000 Index (down 9%) and Russell Microcap Index (down 16.5%) have been hammered. The Active Portfolio (down 11%) and Passive Portfolio (down 14%) did not escape the turmoil.

Mar 22, 2023 | pro.thestreet.com | Jonathan Heller JonMhellerCFA |Jonathan Heller |Helene Meisler |Doug Kass

With the yield curve inverted, and the Fed still on the rate-raising path, cash is king these days. That can also apply to companies that have relatively large amounts of liquidity. Several years ago I created a screen for times like this. It identifies companies that hold significant levels of cash and short-term investments. This search is very simple: Profitable U.S. companies that have at least a third of their market cap in cash and short-term investments.