Sell a Quarter Position in Zillow (Z)
I’m recommending that we take a one-quarter profit in our position in real estate fintech Zillow (Z).
The stock has produced a gain of 14% since being recommended last month in the Cabot Turnaround Letter. I still see upside potential ahead for Zillow—especially if the Fed embraces a more accommodative interest rate policy (as widely expected). That said, I think it’s imperative to lock in periodic gains in a stock like Zillow that is already well into its turnaround. SELL A QUARTER
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