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SWBI - My Biden Buys Worked Out Now I Would Take Some Profit
Smith & Wesson Brands Inc.
Ahead of the 2020 presidential election I recommended a few investment ideas. Each have proven profitable, and could warrant a re-assessment going in to the new year.
With crucial Senate races in early January, I see merit to taking some profit here. These ideas rested on a Biden victory, which happened, but the sentiment could reverse if the Senate stays in Republican control.
Many of the stocks and funds I cover have reached historically pricey levels, suggesting a level of caution going forward is the right move.