I took a pilot position at 485 and I will be looking to add at minor corrections or on the way upward (when the price shows more strength)
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
3 years of sales growth - 25.3
3 years of profit growth - 40.4
Margins at a record high of 24, although this doesn't look sustainable.
TTM earnings up 251%. lots of headroom for the stock to move up plus with decent earnings growth, this can turn out to be a multibagger.
Technicals: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs
Fundamentals:
This stock shows good sales and profit growth.
3 years of sales growth - 25.3
3 years of profit growth - 40.4
Margins at a record high of 24, although this doesn't look sustainable.
TTM earnings up 251%. lots of headroom for the stock to move up plus with decent earnings growth, this can turn out to be a multibagger.
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini