XPO take home profits
Just a quick update of XPO.
This is the third article about XPO (XPO Logistics Inc) NYSE:XPO and we have decided to take home profit of half our position.
Back in July, we posted an article about XPO. XPO was at that time on our watchlist and we decided to enter a trade at 99.07.
Yesterday we sold half of our position at 114.08, which gave us a profit of 15% for 2 months of investing. It must be considered at a great trade, even for us, so congratulations to all who followed our tips.
We still believe that XPO can perform better within the next two month, but the price did not rise as quickly as we have hoped, so this is the reason for the sell-off yesterday.