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Wall Street’s Best Digest Daily Alert - 9/30/20

Our second recommendation is a sale of a previous pick whose shares are not recovering fast enough.

Sell: Swire Pacific Limited (SWRAY)
By Cabot Global Stocks Explorer
Updated from Wall Street’s Best Investments 832, August 27, 2020

Swire Pacific shares were again flat this week, and while I was right that this stock’s downside was minimal, the market is telling us that its recovery is going to take longer than I anticipated. Those with a long time frame may wish to keep the stock, but I’m moving this to sell and replacing it in the next issue with an idea with more near-term upside potential. SELL

Carl Delfeld, Cabot Global Stocks Explorer,, 978-745-5532, September 17, 2020