$Pro Medicus Ltd(PME.AU)$
This is always my top 3 stock of all time. I waited for a year and the shares never undervalue according to my own valuation. Half a year ago, I decided to open a very small position and prepared to average down for 10 times. The stock rise slowly and steadily, never hit my gtc to average down.
Lesson of the story:
1. Superb stock will never be cheap. Why they should? There is no reason for such a powerful company to sell at discounted rate.
2. Richly valued stock will continue to get more "overvalue" as their fundamental continue to improve.
3. For high conviction stock, i should not be too Conservative.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments