WDC closed beneath my dividend-adjusted stop price of $78.50 yesterday so by rule I am to closing out this position two weeks before our target holding period was due to expire. 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
Simply put, McKesson is a high-quality value stock priced at only 7 times trailing earnings in an industry that may be on the verge of rapid consolidation. Read More
One week does not prove anything, but if it keeps up through December then a lot of investors may revert to emphasizing profits over sales when valuing stocks in 2018. Read More
The death watch for the retail sector may soon be over, and when it is there will be a lot of money to be made in its survivors. Read More
We have only been in this position for two weeks, but after hitting our price target of $63 this morning (and with an annualized gain of more than 200% on the books) we are closing out this position. Read More
I am raising the stop price to $60 to ensure that we keep most of this very fast gain. Read More
Here are three things you can do to make sure you end up keeping most of your gains when the next stock market correction comes around. Read More
Given the very low expectation set by virtually every retailer that gave forward guidance for holiday sales, anything better than a washout should push the entire retail sector higher over the next month. Read More
I believe TGT will bump higher after reporting better than expected holiday sales results beginning with next week’s “Black Friday” event. Read More
With an annualized gain well in excess of 200% already baked into this trade, I’m closing it out before next week’s “Black Friday” shopping extravaganza. Read More