Tag: profit taking

Dividend Collector

Sell Alert: Taking Profits On Invesco

We bought Invesco around $15 and around $10. We are taking 30-100% profits today on overbought conditions and less appreciation potential. Invesco is a good company, but we do not see it having a high likelihood of a double or triple from here, which is what we look for over 2-5 year cycles. Dividend collectors may elect to keep a small stake given the large dividend.