Hi everyone, my portfolio performed well last year, largely because most of my positions are in the technology sector. While the companies I hold have global businesses and strong cash flows, they currently make up about 80% of my portfolio.
To improve diversification, I’m looking to add exposure to the financial sector. Below are some companies I’ve been researching, and I’d appreciate any opinions on whether they’re worth starting a position at current valuations:
Top U.S. banks: JPM, WFC, BAC
Payment networks with monopoly/duopoly characteristics: V, MA, AXP
Business and credit rating agencies: S&P Global (SPGI), Moody’s (MCO)
Small cap fintech: SoFi (SOFI)
Stock exchange : ICE and CME