Sell HealthEquity (HQY)
From Cabot Stock of the Month
HealthEquity (HQY), originally recommended by Cabot Growth Investor, is my weakest stock and therefore the number-one candidate for selling. Plus we have a loss. Plus the stock broke through short-term support today. With the exception of what was revealed in last week’s third-quarter earnings report, there’s no evidence that business has changed markedly at the company, but investors are voting with their feet, and we’re not going to argue with them. SELL.
Timothy Lutts, Cabot Stock of the Month, www.cabot.net, 978-745-5532, December 15, 2015