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Re: bar1080 post# 1505

Monday, 11/25/2024 1:08:35 PM

Monday, November 25, 2024 1:08:35 PM

Post# of 1554
How would you be doing if you held Woolworths?
There are stocks worth holding forever (although not as many as there used to be), and stocks to be trading. Case in point, Warren Buffet doesn't own any TPL.
You can't use Warren's strategy to every stock. TPL has had some wild swings in the past and you would have made much more by trading this.
This stock has a P/E of 82 now. Probably the highest its ever had. Great stocks do get overbought. BTW, I also own DE, but it had been stuck in a 3 year stall, and just broke out this month.

Just my opinion, of course.

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