Q: What is your exit strategy for cyclical stocks?
I am referring to Magna. It has been noted many times that is it a cyclical stock. Your start cost of MG in the Balanced Equity portfolio is $55.72, You rode it up to $74, and back down to $44 and never seemed to consider selling it along the way. So when do you sell it, or are you "buy and hold"?
Paul J.
I am referring to Magna. It has been noted many times that is it a cyclical stock. Your start cost of MG in the Balanced Equity portfolio is $55.72, You rode it up to $74, and back down to $44 and never seemed to consider selling it along the way. So when do you sell it, or are you "buy and hold"?
Paul J.