We're thinking about buying more shares in these 3 companies. Here's our internal debate

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The strategy is to target companies whose stocks are down in price but whose businesses show promise.

Buying the dip and adding 150 more shares of DuPont on Monday is indicative of how we're looking to put cash to work in a market that flipped late last week from severely oversold to overbought, according to the S & P Short Range Oscillator . The strategy, which has served us well in past earnings sessions, is to target companies, like a DuPont, whose stocks are down in price but whose businesses show promise.

mountain Palo Alto Networks YTD Shares of Palo Alto Networks dropped another 4% on Monday, adding to Friday's more than 2.5% decline on Fortinet's disappointing full-year guidance. The warning, which came after the closing bell Thursday, sent Fortinet shares down more than 12% on Friday and pressured anything even remotely related to cybersecurity. Investors were making assumptions about what Fortinet's concerns might mean for Palo Alto.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines