Why I Locked in Profits in AudioCodes Ltd. This Week

05.07.2021

I’m a numbers guy, so I take these earnings reports very, very seriously. The reports give me the opportunity to see which companies are truly fundamentally superior, i.e., continue to boast strong sales and earnings growth and offer positive future guidance. These are the companies that I recommend across all my services, not the stocks Wall Street is hyping up that are really just the flavor of the week. Should a company show signs of slowing earnings momentum or dwindling buying pressure, then I know it’s time to sell, even if the stock is showing big returns.

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