if a stock is recommended again and I already own it, should I buy more?
I use diversification rules to avoid overdoing one stock. But it still comes down to what are the future prospects for the stock. Buy more can be ok.
I usually buy in two chunks. Second one usually after 60 days when first one has performed as expected but still below diversification cap. Second purchase brings investment up to cap.
Thank you very much for your response, it helped me alot with what i was looking for. I had one more question if you dont mind, many stocks in the october rankings have already increased in value. Should I still buy them, or wait for the price to drop to the original recommendation level? For instance, $AXON is in the top 10 for October, but its price has increased from $203.51 in 2021(it was last recommended in 2021) to $444. Should I still consider buying it now?
I can’t speak to TMF recommendations. I don’t subscribe. But if you do you could post your question on their private subscriber boards.
It still comes down to the target price. Does it offer suitable gain. Yes, by holding for a pull back (or placing a limited buy order) can get you stocks a bit cheaper. But its more complex. May or may not work. And to me is not worth the trouble.
Ohh alright thank you very much, have a great day!