Any Tip Fior The New Year - Note Them Down On The Thread

Discussion in 'General Trading Discussion' started by longtermbull, Dec 25, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    Overstock.com, Inc. $84.35 on 7 Jan 2018

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  2. longtermbull

    longtermbull Administrator Staff Member

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    Wal-Mart Stores, Inc. $100.13 on 7 Jan 2018

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  3. longtermbull

    longtermbull Administrator Staff Member

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    Some interesting tips there - I think Walmart will go on an expansion trail this year and could be an interesting stock to watch.
     
  4. manoharb

    manoharb Senior Investor

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    https://www.investing.com/equities/tata-motors-technical

    This is Tata Motors-ADR stock from NYSE. Owner of Rangerover. current trading at 33.87$ target 60-70$ in 12-14 months means almost 80-100% returns expected. EURUSD failed to cross 1.2100 and DAX and Nikkei showed smart recovery so Automobile, Pharma, Bank, IT sectors are top picks for 2018.

    https://www.investing.com/equities/infosy-tech-technical

    This is Infosys-ADR stock from NYSE. Current trading at 16.35$, Target 30-35$ in 12-14 months means almost 90-130% returns.
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Sold my 50 shares of JUNO already... :D

    Sold it on 1/17 at $67.23 on news that CELG is in the process of making a deal with them to buy them out. Of course it may fetch an even higher price.

    I made ~ $900 on that trade. JUNO is up over 50% YTD already.

    I think I will replace JUNO with BLUE now as one of those 6 favorites for 2018 I mentioned earlier in this thread.

    I also own 100 shares of CELG BTW.
     
  6. gowiththeflow

    gowiththeflow Senior Investor

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    Interested to learn why you are looking to reduce your exposure to Google. Do you think the company is close to maxing out on its current marketplace and will be forced to take greater and greater gambles to introduce new business legs to the group?
     
  7. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Re Google, it's mainly about trimming my exposure as it had gotten very hot in recent times, and is perhaps not quite as cheap as it once was. It's also about me rebalancing a bit as Google had grown to be a little bigger part of my portfolio than I probably needed it to be.

    I sold 25% of my stake late last year. I have owned it for many years.
     
  8. Chartman

    Chartman Senior Investor

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    Many people forget to rebalance their portfolios so I totally agree with that policy. At the end of the day nobody knows what is around the corner for one specific company so trimming overly large positions makes sense and never wrong to take a profit :)

    Some investors fail to realise that Google has tried many new ventures over the years, often investing big money, with limited succes to say the least. One area where they have had mixed success, to put it politely, is artificial intelligence. They still have exposure to this area but were recently forced to take a bath on a big investment which wasnt working - they sold it for buttons. As they say in the pharma industry, the larger companies "bury their dead at night".
     
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