When is the right time to sell stocks

Investing in the stock market can be a great way to grow your wealth over time. However, knowing when to sell your stocks can be just as important as knowing when to buy them. The decision to sell can be influenced by a variety of factors, including market conditions, company performance, and personal financial goals.

Here are some key factors to consider when deciding whether it's time to sell your stocks:

Changes in Company Performance

One of the most important factors to consider when deciding whether to sell a stock is changes in the company's performance. If the company is struggling to meet its financial goals, experiencing declining revenue or profits, or facing other major challenges, it may be a sign that it's time to sell. Similarly, if the company is going through major changes, such as a merger or acquisition, it may be a good idea to reevaluate your position.

Market Conditions

Another important factor to consider is overall market conditions. If the market is experiencing a downturn, it may be a good time to sell your stocks to minimize your losses. On the other hand, if the market is on an upswing, you may want to hold on to your stocks to take advantage of potential gains. Keep in mind, however, that it can be difficult to predict market movements, so it's important to have a long-term investment strategy in place.

Your Investment Goals

Your personal financial goals should also play a role in deciding when to sell your stocks. For example, if you need to free up cash for a major purchase or to pay off debt, selling your stocks may be a good option. Similarly, if you're nearing retirement and want to minimize risk, it may be a good time to start selling some of your more volatile stocks.

Diversification

Another factor to consider is the overall diversification of your portfolio. If you have too much of your money invested in a single stock or sector, you may want to sell some of your shares to spread out your risk. By diversifying your portfolio, you can minimize the impact of any one stock or sector on your overall investment performance.

Valuation

Finally, it's important to consider the current valuation of your stocks. If a stock has significantly outperformed its peers or its historical valuation, it may be time to take some profits and sell some shares. Similarly, if a stock is trading at a significant premium to its peers or its historical valuation, it may be time to sell.

In conclusion, deciding when to sell your stocks is an important part of managing your investments. By considering factors such as changes in company performance, market conditions, your investment goals, diversification, and valuation, you can make informed decisions about when to sell and when to hold on to your stocks. Remember, investing in the stock market involves risk, so it's important to have a long-term investment strategy and to seek the advice of a financial professional if you're uncertain about your investment decisions.

Eurostat: Inflation in Greece fell to 6.5% in February - To 8.5% in the Eurozone

 Eurostat: Inflation in Greece fell to 6.5% in February - To 8.5% in the Eurozone

The technology revolution ChatGPT is here

The man who brought the revolution with computers 50 years ago and founder of Microsoft hastened to calm the anxieties of employees, stressing that ChatGPT is not yet a danger to our "bread" but OpenAI's chatbot will change the world.

"Until now, artificial intelligence could read and write, but it couldn't understand the content," the billionaire emphasized in a podcast to Germany's Handelsblatt. “ChatGPT,” he pointed out, “has shown us what artificial intelligence is capable of and its impact on the workplace will be extremely positive.

He even added that while AI still makes big mistakes, it could make office work easier by improving worker efficiency and productivity. “We have a tool that can make work even more efficient - from going through invoices to writing letters. Reading and writing are now within the capabilities of A.I. (Artificial intelligence ss: Artificial Intelligence) and this will have a very broad and constructive impact", he estimated.

"Think of the time doctors spend with the bureaucratic issues that we should be able to get rid of," he said, but admitted that he was "biased" in favor of A.I. At the same time, he predicted that A.I. will continue to cause "trembles" in workplaces especially since technology will rapidly evolve over time. "The progress in the next two years will be even greater," he found.

Τarget price above 30 euros gives a new report by Wood for Mytilineos.

Τarget price above 30 euros and specifically at 32.2 from 26 euros previously, with an upside of 30%, gives a new report by Wood for Mytilineos.

The key behind this increase in price - target of the analyst from Wood, is the even better entrenchment of the market for the new level of profitability of Mytilineos from now on. In a relatively conservative approach, as he characterizes it, he foresees a steady increase in the company's profitability in the following years, which for 2023 is placed at €921 million and for 2024 and thereafter steadily above €1 billion.

Due to the maintenance of consistently high profitability from now on, Wood predicts that Mytilineos can invest €600-700 million each year, and thus based on the company's investment returns, it can grow steadily its profitability by €100 million. the year without affecting its financial leverage. Which is estimated by Wood to be kept particularly low and healthy relative to the competition.

A few words about Jumbo stock

Jumbo (BELA.AT)

Jumbo S.A. is a Greek toy retailer that was founded in 1986. The company is known for its wide selection of toys, games, and children's products, as well as its iconic Jumbo stores. Jumbo has become a household name in Greece and is one of the country's most popular retailers.

In recent years, Jumbo has expanded its operations beyond Greece, opening stores in other European countries such as Bulgaria, Cyprus, and Romania. The company's success has been attributed to its focus on offering high-quality products at affordable prices, as well as its strong brand recognition and loyal customer base.

Jumbo is a publicly traded company, with shares listed on the Athens Stock Exchange. The company has a strong financial track record, with consistent profitability and steady revenue growth over the years. As a result, Jumbo shares have been a popular investment choice for many Greek and international investors.

Overall, Jumbo is a well-known and successful company in Greece, with a strong brand and a loyal customer base. Its shares have been a popular investment choice for those looking to invest in the Greek stock market.