While having a coffee on a sunny Thursday afternoon, I read an article about next, they seem like a good stock to buy, I didn't hesitate and I opened a position buying them at 2920. My limit was 3020 and It already hit it. I am thinking of investing just my profit now but I am little worried
Fashion and homeware retailer Next was performing well on Friday morning, with Nomura providing a lift saying that the stock is a key holding in the retail sector. "We continue to view the shares as a core holding in the sector, with capital discipline, productivity gains and m/term brand development key in our view." A buy rating was reiterated. The target price has been raised slightly, from 3,000p to 3,050p. Nomura said that the stock is trading at 10.3 times prospective earnings.
I will wait a bit, If they deep a bit down to less than 2980, then I am in again, if not, then good luck