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- Volume 1 - Issue 10 - June 27, 2024
Volume 1 - Issue 10 - June 27, 2024
Fitting Into a Healthy Trade
Our TRADING strategy at HX Income focused on finding companies that have been "winners" operationally and as stocks.
An operational "winner" has a decent history of growth and exceeding expectations. A stock “winner” is a stock that has gone up – preferably a LOT!
Our goal is to find these companies once their stock price stumbles. They might stumble for any number of reasons – earnings, a regulatory change, or sometimes even the stock needs to take a break.
This week's HX Income recommendation has been one of the biggest winners in the retail space over the last few years.
Recently, though, their growth has slowed, and the stock has been crushed.
We think there is a healthy recovery ahead, though, and believe there are some profits to be made for our readers.
Here is the idea…
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