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re: Bought Visa Stock From Recs on this board

Posted on 1/23/20 at 10:30 pm to
Posted by castorinho
13623 posts
Member since Nov 2010
82061 posts
Posted on 1/23/20 at 10:30 pm to
quote:

I've been looking for a slight pullback to add to my position, but this guy just slowly but surely keeps going up
still haven't purchased more . I'm up about 70% but I want to buy more just can't find a good entry. I'll probably just pull the trigger soon since it's for a very long term hold
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 1/23/20 at 10:42 pm to
quote:

still haven't purchased more . I'm up about 70% but I want to buy more just can't find a good entry. I'll probably just pull the trigger soon since it's for a very long term hold
I mean over the course of the nearly 12 years since it’s gone public, it has a Beta of 0.81 and Alpha of 15.71%, using S&P 500 as the benchmark.

That seems like the type of stock where you don’t wait for “entry points” because otherwise you might never find one and you’re going to miss out on a lot of gains.
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