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Many investors tend to clean out their portfolio during corrections and bear markets. It feels good to sell a loser and stop seeing it go down every day. But there's a case to be made for doing portfolio pruning when markets are going up. After all, if you own a mediocre company, you're much more likely to be able to sell it at a high price when sentiment is favorable.
That leads into today's topic: Flowers Foods (FLO). I bought Flowers back in September of 2016 for $15.37/share. At the time, there was