Greetings, Marathon Money enthusiasts!
Today, we dive into the details of our recent stock sales, showcasing the performance and strategic decisions behind each transaction. Our commitment to transparency and education ensures you understand the rationale behind our moves, helping you make informed decisions in your trading journey.
Alibaba Group Holding Ltd (BABA)
- Closed Date: 05/16/2024
- Quantity: 8 shares
- Closing Price: $83.17
- Proceeds: $665.35
- Cost Basis: $592.00
- Total Gain: +12.39%
Alibaba, a titan in the e-commerce and cloud computing sectors, has shown resilience despite macroeconomic challenges. Our position in BABA yielded a respectable 12.39% gain. We identified a strong upward momentum and capitalized on it, ensuring a profitable exit.
Cognex Corporation (CGNX)
- Closed Date: 05/16/2024
- Quantity: 25 shares
- Closing Price: $47.30
- Proceeds: $1,182.49
- Cost Basis: $1,025.50
- Total Gain: +15.31%
Cognex, known for its machine vision technology, has been on an impressive run. Our analysis indicated robust financial health and growth potential, leading us to secure a 15.31% gain. This sale aligns with our strategy of capturing gains from high-growth tech stocks.
Mama’s Creations Inc (MAMA)
- Closed Date: 05/16/2024
- Quantity: 100 shares
- Closing Price: $6.75
- Proceeds: $675.07
- Cost Basis: $478.50
- Total Gain: +41.08%
Mama’s Creations, a small-cap gem, exceeded our expectations. The company’s innovative products and expanding market share contributed to a stellar 41.08% gain. This trade exemplifies our ability to spot and invest in promising small-cap stocks early on.
Teradyne Incorporated (TER)
- Closed Date: 05/16/2024
- Quantity: 6.007 shares
- Closing Price: $131.85
- Proceeds: $792.01
- Cost Basis: $588.13
- Total Gain: +34.67%
Teradyne, a leader in industrial automation and robotics, presented a solid growth opportunity. With a 34.67% gain, our investment in TER showcases the potential of high-tech manufacturing and automation sectors. This sale underscores our focus on long-term growth industries.
Summary
Our recent sales have generated a total proceeds of $3,314.92 against a cost basis of $2,684.13, resulting in an impressive overall gain of 23.50%. Each trade reflects our strategic approach to identifying and acting on market opportunities, ensuring steady growth for our portfolio.
We hope this detailed breakdown provides insight into our trading strategies and inspires confidence in your own trading endeavors. As always, stay tuned for more updates and analyses to help you navigate the stock market with confidence.
Happy trading!
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