Sell: Altair Engineering Inc. (ALTR)
From Cabot Stock of the Week
Updated from Wall Street’s Best Investments 811, November 14, 2018
Altair Engineering Inc. (ALTR), originally recommended by Tyler Laundon in Cabot Small-Cap Confidential, has now fallen through all support as investors have dumped small-cap stocks and fled to the safety of big and slow investments. Tyler downgraded the stock to Hold last week (he’s confined to investing in that sector—which was fabulous earlier this year), but I’m going to sell now because I have no idea when the sector will revive. SELL.
Timothy Lutts, Cabot Stock of the Week, www.cabotwealth.com, 978-745-5532, November 27, 2018