Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds
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- Josh Brown launched Porterhouse, a rules‑based momentum SMA in partnership with Franklin Templeton that targets companies with strong earnings growth and share‑price strength.
- Porterhouse holds 58 stocks and deliberately excludes the “Magnificent Seven” giants, focusing on a broader set of high‑momentum names.
- Ciena was highlighted as a top performer, surging more than 140% in 2026 as AI‑driven data‑center demand boosted its networking equipment business.
- Brown noted that broad market exposure via the S&P 500 costs about three basis points, prompting some investors to seek a more selective, crowd‑driven approach.
Why it matters: Investors can now access a 58‑stock momentum portfolio that includes AI‑linked winners like Ciena (up 140% in 2026), offering an alternative to the 3‑bps passive S&P 500 exposure.
