For true long-term investors, the intended holding period for a stock is typically measured in years, and the decision to buy it is based solely on that company’s long-term prospects. But every now and then, a short-term factor takes hold and forces an investor to become a trader. Refusing to take on that role, even if only temporarily, can mean missed opportunities. Like it or not, anybody who’s currently holding… Read More
For true long-term investors, the intended holding period for a stock is typically measured in years, and the decision to buy it is based solely on that company’s long-term prospects. But every now and then, a short-term factor takes hold and forces an investor to become a trader. Refusing to take on that role, even if only temporarily, can mean missed opportunities. Like it or not, anybody who’s currently holding a position in Kellogg (NYSE: K), General Mills (NYSE: GIS), or Flowers Foods (NYSE: FLO) is a trader. How so? Because these food stocks and their peers have rallied considerably since the latter part of last year — so much so, in fact, that they’re all at considerable risk of a pullback. Shareholders will have to make a decision soon, too, since the underlying reason for the rally is already starting… Read More