Right-wing investment fund dumps Target stock over ‘woke’ agenda, adds retailer to ‘refuse to buy’ list
(nypost.com)
BOYCOTT UPDATE
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This might sound good but I caution people to look closer at this fund. Here are their top 10 holdings:
Company YTD Return (as of 05/25/2023) % of Assets
Microsoft Corp +35.90% 7.57%
Cisco Systems Inc +2.92% 3.51%
NVIDIA Corp +159.89% 3.02%
The Home Depot Inc -9.22% 2.90%
Berkshire Hathaway Inc Class B +3.28% 2.78%
Mastercard Inc Class A +6.42% 2.67%
Tesla Inc +49.76% 2.08%
Procter & Gamble Co -4.07% 2.06%
Costco Wholesale Corp +6.58% 2.04%
Exxon Mobil Corp -4.21% 1.97%
Since when do these companies reflect our values? Microsoft founded by Bill Gates, Berkshire Hathaway founded by Warren Buffett who loved Clintons and gave big money to Bill Gates, Proctor and Gamble that owns Gillette and did those "The Best Men Can Be" commercials, Mastercard who were ready to track gun and ammo sales until they were called out and stopped. Do these companies reflect your values? You should read the book before believing the cover on this one.
Thanks for this. My first thought when I saw the post title was "Oh! Good. R-w investment fund. Let me check it out..." Then... Err, nope.
Its cap size. not a lot of big cap stocks exist.