I would always look for stocks that appear undervalued, either intrinsically or relatively. Since in the given scenario the stock has risen by 400%, there certainly would be a substantial reduction of undervaluation. For such a jump, there needs to be some fundamental change in the business and I would like to ascertain the reason. If still at the current price the stock looks undervalued then I would not be averse to invest.
| Subscribe To Our Free Newsletter |
