Sell Patrick Industries for a 41% Gain

By Linda McDonough • February 13, 2017

Sell Patrick Industries (NSDQ: PATK) for a 41% gain.

It’s been a fabulous ride with Patrick Industries, which is up 41% in less than five months since my recommendation. Competitor LCI Industries reported a strong quarter last week but the stock sagged 4% – an indication that investor hopes are riding too high for RV component manufacturers.

With an impressive gain under our wheels and the stock trading above my $80 target, I’m selling the stock.

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About The Author

Linda McDonough

Bio | Archive

Linda McDonough is a veteran hedge fund analyst who loves to break down company financial statements and identify market inefficiencies to uncover big opportunities. She believes in a boots-on-the-ground approach that includes surveying customers, interviewing company executives, or doing whatever it takes to see what others don't.

She's now brought her experience as a hedge fund analyst to subscribers of her Profit Catalyst Alert service. Her system identifies small- and mid-cap stocks that are about to move due to catalytic events that few others can identify...until it's too late. These events often times result in massive gains for her followers.