Multibaggers

Posted by Minerva on Jun 4, 2020 11:38:31 PM

Swinging For The Fences

We were asked recently by a subscriber to explain how we thought about short vs. long term hold periods for the space stocks we cover. Here's the question:

"[I] understand the importance of keeping a tight grip on buy/sell range for trading profits, but given the space industry should be at the dawn of something big, at what point (and which companies) do we look to 'buy and hold' with a long term price target to take advantage of potential 'multi-baggers' over time… thanks!"

Like all the best questions we get in our real-time services, this one was simple but caused us to sit back and consider our answer carefully. So, here goes.

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Topics: Investing Strategy, Virgin Galactic, Maxar Technologies, Multibagger, PagerDuty, Public Posts