The trade is also out of discipline to the S&P Short Range Oscillator, which is now signaling an overbought market.
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The stock has bested the S&P 500 this year after a long period of being a drag on our portfolio.
We're not making a call on the upcoming results, but we would like to have more wiggle room.
Our sale does not change our long-term thesis.
We bought shares of this stock twice into the March sell-off. Now it's time for us to trim it.
The stock market is nearing overbought conditions, so we are trimming two stocks that have significantly outperformed the S&P 500…
We are making two trades Wednesday.
