TheStreet’s Trifecta Stocks portfolio has upped its positions in Disney (DIS), Qorvo (QRVO), and UPS (UPS). Each of the stocks represent about a 4% holding in the overall portfolio. Fundamental analyst Chris Versace explained that recent weakness in Disney shares on worries about its ESPN subscription losses provided an entry point. Versace believes the company’s robust movie slate will drive stock performance in the coming quarters. Versace likes Qorvo because of the expected growth in cellphone sales, and says that UPS is a play on the shift toward online shopping. Versace has a price target of $118 a share for UPS, $130 a share for Disney, and $72 a share for Qorvo.
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