Simple question. Is it too late to get into LU. I own TLAB and CSCO and I am continually finding myself looking around and questioning myself, "Now why is it again that I don't own LU?" A simple yes or no will do. Not looking for investment advice, will do my own DD, well, already have to some extent.
Long term = Yes... its technology, its industry, its growth pattern etc. seem all to be working in sync.
Short term = LU could take a breather, look at a chart and make your own deductions, in addition, the overall market can and will influence its short term performance. (as with most stocks).
Bottom line it depends in your own strategies, length of holding period and other objectives you may have.
In short, I tend to trade stocks rather than invest, I view LU as a stock that if my trade goes sour, I do not mind "converting" it to a mid term "investment"... so far, trade has been good. (that does not mean such could change tomorrow).
The above is strictly my opinion, it does not constitute any advice.
Please make your own decision.
Z.
p.s. do not forget that.....
"It takes courage to be a pig."
Oink, Oink.... |
