SELL ONE-THIRD: Five Below, Inc. (FIVE)
From Cabot Growth Investor
Updated from Wall Street’s Best Investments 807, July 18, 2018
Our Cabot Tides turned negative today, telling us the intermediate-term uptrend has broken. While the overall bull market is intact, it’s best to pare back on losers and laggards. We came into today with 20% in cash, and we’re going to sell one-third of our position in Five Below, Inc. (FIVE).
Michael Cintolo, Cabot Growth Investor, www.cabotwealth.com, 978-745-5532, May 13, 2019