New Positions on Covestor (NGG, MED)

The International Hedged Equity model managed by SWAN Asset Management attempts to provide stable performance with income and growth provided by international stocks. Stocks are evaluated by the company’s growth, profitability and cash flow before being added to the model. This month, SWAN added energy company National Grid PLC (NYSE: NGG) to the model.  NGG’s net revenues grew from $22.2 billion in 2008 to $26.6 billion in 2009, then fell to $22.4 billion in 2010. Shareholder equity fell from $10.6 billion in 2008 to $5.6 billion in 2009, then rose to $6.4 billion in 2010. Outstanding shares fell from 559.5 million in 2008 to 540.5 million in 2009 then rose to 582.1 million in 2010.

In their Small Cap Growth model, manager AlphaMark Advisors looks for growth companies that have a sustainable business model. They also look for reliable cash flow and strong management. Each of the stocks they add to the model has an average historical revenue of 16 percent over the past three years. In December, they added weight loss company Medifast, Inc. (NYSE: MED) to the model. MED’s total revenue grew from $83.8 million in 2007 to $105.4 million in 2008, then to $165.6 million in 2009.The company has several different clinically proven weight and health management product lines including Medfast, Take Shape for Life and the Hi-Energy Weight Control Centers. In October of 2010 Forbes Magazine named MED the number one small company in America on their “America’s 100 Best Small Companies” list.