Take this opportunity to sell either half or all of your positions in these three stock picks from Byron and Nomi.
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Even thought the natural resource sector has had a challenging environment in the past three years, Sprott Inc. has performed very well in an underwhelming industry. We took gains on half of this position last July. Let’s sell the remaining shares now for a 54% gain.
Truist issued an excellent third-quarter earnings report on Oct. 15. Its loan portfolio remains in great shape, despite the struggling economy. Also, the bank has a strong capital position with reserves that cover non-performing loans several times over. Even though we believe the stock could reach our price target by next July, it’s currently more than halfway there after only three months. So, let’s book gains now on this position.
Jim’s view of the balance of risks in one of our investments has changed. It’s time to exit.
Jim’s view of the balance of risks in one of our investments has changed. It’s time to exit.
We have two plays that have seen substantial growth this year despite a few downturns in the market and its time to capitalize on these positions for a combined 80% gain.
With global demand for palladium and nickel going up, Norilsk has seen a significant increase in profitabliliy. We presently have a substantial double digit gain with this play. The metals that Norilsk is mining are sensitive to economic downturns, so let’s take advantage of this 58% gain now.
