This past December we made a recommendation to consider a
long position in H&R Block (HRB) based upon pending tax changes and the
benefit that tax software companies should see based upon those changes.
Although Intuit (INTU) could also benefit from the changes, we felt that
H&R Block was in a better position based upon providing both software and
tax preparation services. At this point, the stock has increased over 42% in
less than three months.
When a stock increases a large amount in a short period of
time, it is always a good idea to step back and listen to the voice of reason.
There may be a good and completely justified reason for the increase, meaning
that we should continue to hold the stock. However, the increase might also
result in higher-than-justified price based upon demand, which would indicate
that we should sell the stock and realize our gains.
E files your Minnesota
Taxes 2013 & Get Mississippi
Taxes 2013
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