We Can't Stop Winning with this Stock (LOGI)
LikeFolio added an initial long position for Logitech International (LOGI) in April of 2018, based on a strong uptrend in underlying Consumer Demand.
Since then, Purchase Intent Mentions have continued higher, and shares have gained by more than +200% — LOGI remains our oldest Tactical Model holding to date.
We’re still bullish on this best-of-breed PC peripheral manufacturer long-term, but with PI growth slowing in recent months, we’ve revised our short and medium-term outlook on the name.
Shares have already pulled back by -14% from our bearish entry in June, and this week’s bearish earnings trade is looking like a winner.
This is still one of our favorite companies — It’s also a prime example of how social data allows an unbiased investor to make gains on a stock moving in both directions… The LikeFolio edge!