Cutting Position For Profit Protection
True religion apparel
Is this ever the right thing to do?
I cut my position in TRLG by 50% for profit protection. This is one stock I will continue to hold onto until I get a technical sell signal. I will buy back on any pullbacks.
Picked up AEOS today. I don’t like owning two retail stocks let alone apparel stocks, however, American Eagle Outfitters throws off a ton of cash.
Some stats:
Operating Cash Flow: 436.25M
Levered Free Cash Flow (ttm): 271.76M
ROA: 23%
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