Update Buy-Hold-Sell List: November 2025
Quality is on sale
Quality stocks are trading at a Black Friday discount right now.
41 stocks are a ‘Buy’ right now in our Buy-Hold-Sell List!
Let’s dive in right away.
Tough Markets
The stocks on our Watchlist are now cheaper than when Trump announced his tariffs.
41 stocks are currently a ‘Buy’.
38 stocks were a ‘Buy’ this April.
Weird, right?
Because the S&P 500 is flirting with an all-time high:
The reason?
Everything that is not AI or momentum related is having a hard time nowadays.
Just look at this chart shared by my friend Michael Gielkens (Partner of Tresor Capital):
How to read this chart?
The white line: Momentum stocks
The blue line: Quality stocks
This is very dangerous territory if you ask me.
The market seems to be in an ‘Extreme Greed’ phase.
And this while fundamentally healthy companies seem to be struggling.
This is something lovely for us.
Why? Look at what Warren Buffett said in 1998:
Anybody that is going to be a net saver – practically everybody in this room – is more likely to be a net buyer of stocks over the next ten years than they are a net seller. So everyone of you should prefer lower prices.
I mean, if you’re going to be a net eater of hamburger in the next ten years; you want hamburger prices to go down, unless you are a cattle producer. And if you’re going to be a buyer of Coca-Cola and you don’t own Coke stock, you hope the price of Coke goes down. I mean, you’re looking for it to be on sale this weekend at your supermarket. You want it to be down on the weekends, not up on the weekends when you attend the supermarket.
The New York Stock Exchange is a big supermarket of companies, and you’re going to be buying stocks. What do you want to happen? You want those stocks to go down, way down. And you will make better buys, then.The right way to look at Our Buy-Hold-Sell List?
A supermarket with high-quality stocks.
Let’s do some shopping!
Buy-Hold-Sell List
The Buy-Hold-Sell List is a list of quality companies.
Here’s an overview of this series:
We look for cheap Quality Stocks based on three valuation methods:
Comparing the Forward PE multiple to its historical average
Earnings Growth Model
Reverse Discounted-Cash Flow
Based on this, we give each company a Buy, Hold, or Sell recommendation.
Update November 2025
Since the last update, I’ve added Rollins to the Buy-Hold-Sell list:
Rollins ($ROL): Provides pest control services for homes and businesses
Thanks to great input from Partners in the community, the list got an upgrade. I added a few new columns for each company:
Currency: Tells you in which currency the stock trades
Sector: Shows the industry the company belongs to
YTD: Tells you how much the stock is up or down this year
3-Year CAGR: The average yearly stock price return over the last 3 years
5-Year CAGR: The average yearly return over the last 5 years
I also updated the recommendations for some companies since last time.
Five companies went from Hold to Buy:
Chemed ($CHE): Healthcare services company operating hospice care
KKR ($KKR): Global investment firm focused on Private Equity
MercadoLibre ($MELI): Latin American e-commerce platform
Topicus.com ($TOI): Serial acquirer in niche VMS software companies
Watsco ($WSO): Large distributor of HVAC/R equipment and related parts
Two companies went from ‘Buy’ to ‘Hold’:
Teqnion ($TEQ): Serial acquirer of industrial manufacturing companies
LVMH ($MC): Global luxury conglomerate of Bernard Arnault
You can download the entire Buy-Hold-Sell List here: