Long Mahindra irrigation @135.6 SL@ 120
I took a pilot position at 135.6 and I will be looking to add at minor corrections.
Technical: stock quickly recovered from recent COVID-19 crash lows. It has surged around 100% from its low and held its gains. price wise, it looks strong
Fundamental:
This stock shows decent sales and profit growth.
5 years of sales growth - 8.28%
5 years of profit growth - 7.87%
Margins at a record high of 13%, Overall Debt has increased however its only 0.08%
TTM earnings up 110%
Technical: stock quickly recovered from recent COVID-19 crash lows. It has surged around 100% from its low and held its gains. price wise, it looks strong
Fundamental:
This stock shows decent sales and profit growth.
5 years of sales growth - 8.28%
5 years of profit growth - 7.87%
Margins at a record high of 13%, Overall Debt has increased however its only 0.08%
TTM earnings up 110%
Trade active:
added 2x at 148.8
Trade active:
new 52WH 162
Trade active:
New High 171
Trade active:
new high 192.75. up 34% from our buy price
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