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, cabotwealth.com, 978-745-5532, September 17, 2020