Now that MCK is above our original target price of $169, I’m raising the stop price to that level to lock in our target profit in this position. Read More
Jim Pearce is the Chief Investment Strategist of Personal Finance, our flagship publication, and manages two trading services, PF Pro and Mayhem Trader. He began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms, and investment advisors. Jim earned a BA from The College of William & Mary and the CFP designation from the College of Financial Planning.
Analyst Articles
At this point I see more downside risk than upside potential in the stock so I’m closing out this position while I have a “bird in the hand” for a nifty 60%+ annualized gain. Read More
With only one week remaining in our extended holding period, I’m going to declare this match a draw and take my 40% annualized gain. Read More
Yesterday, I promised that I would show you three examples of triple-digit annualized gains that we gave you for free last year. Here they are, along with one that could do the same this year. Read More
With a free cash flow yield of nearly 7% and a rock-bottom PEG ratio of only 0.7, Cypress is dirt cheap by any measure. Read More
I just don’t see the point in buying stocks (or cryptocurrencies) that have no basis in reality. If I can earn the same returns owning things that can be accurately measured, then I’m not going to mess around with other things that have no clear value. Read More
I believe it is worth staying in KLAC through the end of this month to capture the company’s next quarterly report which is due out the last week of this month. Read More
Last month was very profitable for our portfolio. On average, the eight positions we held during December gained 3.87% compared to a 0.70% rise in the SPDR S&P 500 ETF (SPY). Read More
With the details of the recently enacted tax bill known I do not see any reason to remain in this position any longer. Read More
We think GE stock bottomed out two months ago and won't drop below $7 per share again. Here's a great way to profit. Read More