Business remains great at XYZ company, yet the stock is down significantly. Isn it a good buy?
Answered by Michael Cintolo, Editor of Cabot Market Letter and Cabot Top Ten Trader: The answer is generally no, and the reason is that a stock is not the company. A stock can fall sharply and persistently even if sales and earnings are growing quickly. That’s especially true in a bear phase for the overall market. A good stock needs not only a good story and good numbers, but a good chart as well. One without the other two is far less reliable.
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