Some stocks are so powerful they can be massive winners for multiple styles.
Take MicroStrategy (MSTR) for example.
This AI powerhouse was actually a value stock back in 2022-23.
If you believed AI was a thing, then MSTR was below its “fair value” line in 2022 and early 2023.
Here’s the chart:
If we happened to take the middle arrow entry, we could’ve entered at $14 with “fair value” (the 800-day moving average) up at around $35.
MSTR made $35 and eventually a whole lot more.
But if you were a breakout trader, we also got a possible entry in early 2023.
Chart here:
In April 2023, it closed for the 2nd consecutive month above the 12-month SMA.
That entry was $32.84.
The stock is now above $200 and we haven’t seen a sell signal (a close below the SMA) yet.
Sometimes top stocks in hot sectors can be big winners for completely opposite investors.
Sometimes everyone wins.
We’ll see.
Happy trading,
— Scott Welsh
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