Quarterly Portfolio Review: What I Sold, Bought & Still Own | $TOST, $BKNG

<p>In this episode of Stock Spotlight, host Michael opens up his portfolio and walks through what has changed since his last quarterly review, including the stocks he sold, bought and how his individual stock positions fit together today.</p><p><br></p><p>Michael explains why he exited Nintendo ($NTDOY) and Honeywell Aerospace ($HONA), why he added Intuitive Surgical ($ISRG) and Karman Holdings ($KRMN) and then goes deeper on two current holdings: Toast ($TOST) and Booking Holdings ($BKNG).</p><p><br></p><p>For Toast and Booking, he breaks down:</p><ul><li>​ Why he owns each company and what has changed</li><li>​ The KPIs he’s watching most closely</li><li>​ The biggest debate around each stock</li><li>​ How he’s thinking about valuation today</li><li>​ A Green / Yellow / Red rating</li></ul><p><br></p><p>The goal is to make portfolio management more transparent: not just what Michael owns, but why each position earns its place and what could cause him to change his mind.</p><p><br></p><p>----------------------------------------------------------------</p><p>00:00 Intro</p><p>00:50 Portfolio Snapshot</p><p>02:25 Portfolio Changes</p><p>09:55 Company 1: Toast ($TOST)</p><p>17:43 Company 2: Booking Holdings ($BKNG)</p><p>26:44 Outro</p><p><br></p><p>----------------------------------------------------------------</p><p>Intro Music: Andrey Rossi – Seize the Day</p><p>Outro Music: Ra – Prospect</p><p>*Music provided by Uppbeat Premium</p><p><br></p><p>Follow me on X: <a href="https://x.com/invest091">https://x.com/invest091</a></p><p>Listen on YouTube: <a href="https://www.youtube.com/@stockspotlightpodcast">https://www.youtube.com/@stockspotlightpodcast</a></p><p>Subscribe to the newsletter: <a href="https://stockspotlightpodcast.substack.com/">https://stockspotlightpodcast.substack.com/</a></p><p><br></p><p>----------------------------------------------------------------</p><p>Disclosure: The host of Stock Spotlight is not a licensed financial advisor. The information and opinions shared during the show are for entertainment purposes only.</p>