Back in early March I bought Constellation Software (CSU.TO) based on the recommendation of Peter Hodson. The investment has done very well – up 12.7%.
I feel that this level of growth is not sustainable so it’s time to take profits.
- Sell CSU.TO @ $135.27
My other Hodson picks – StanTec (STN.TO) and Winpak (WPK.TO) – have performed quite well. They are both up 2% since purchasing them. However, I am not really committed to them as part of my speculative portfolio. I’d prefer to raise cash to invest in hotter, more speculative opportunities such as Lululemon (LLL.TO).
- Sell STN.TO @ $43.69
- Sell WPK.TO @ $19.74