Casey’s Extraordinary Technology newsletter, headed by long time tech executive Alex Daley, just sold two stocks from the portfolio today locking in profits that are pretty impressive especially in this market.
Now, often, as was the case with Fortinet – a huge, quick win for the Casey team – they recommend a Casey Free Ride where you recoup your initial investment but retain some shares.
These are outright sales.
First sale is Stratasys, Inc. which is up almost 70% since recommendation 5 months ago. Stratasys is in the 3D printing business as is another company in the newsletters portfolio.
The second sale is Equinix which has really been on a tear lately. Equinix stock is up around 40%, a position held for about 14 months.
These kinds of returns in the stock market are good overall, but especially in the context of the current market situation since 2008.
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