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Tiffany D’Abate
Total Wealth Insider

Trade Alerts

Trade Alert: Sell CryoPort for a 113% Gain!

I’ve been watching our position in CryoPort (Nasdaq: CYRX) move higher and higher.

With our gains at 113% in eight months, I think we should use the strength of the stock market as we crest into the July Fourth holiday to cash in a fantastic windfall!

I’ve always said (and will continue to say) that investing in undervalued stocks (rather than chasing overvalued ones) can pay off big!

Action to take: Sell CryoPort (Nasdaq: CYRX) at the market.

If you want to ride this one a little further after the holiday break, be my guest. The trend is most definitely still “up.” But like any great party, don’t stay too long.

CryoPort’s Move Higher

(Click here to view larger image.)

I recommended the stock last October because the shares were trading at a heavy discount. It has a great cash-flowing business that’s only going to get bigger from here.

But the stock has also become a “Robinhood” favorite.

Robinhood, in case you haven’t heard, is a fantastic free brokerage app. It’s become enormously popular with the next generation of investors as they speculate on the big stocks of the future. CryoPort is definitely one of them.

But as you can see from the chart above, the stock tends to have its extreme ups, and extreme downs, while generally trending higher over the years.

We’re hitting the dog days of summer. COVID-19 cases are still a worry. The November elections are coming up. That’s plenty of uncertainty that few are considering yet.

So, let’s exit now, and count up our winnings.

Lastly, have a great July Fourth!

Drop me a line at totalwealthinsider@banyanhill.com if you have any questions about today’s trade.

Best of Good Buys,
Jeff L. Yastine signature

Jeff Yastine
Editor, Total Wealth Insider