LMB a promising "January effect" play
Updated
Small- and micro-cap stocks trading near their 52-week lows tend to outperform the market in January. One of my preferred picks to profit from the "January effect" is Limbach Holdings. Now far off its 11-dollar highs earlier this year, LMB has some upward momentum in both its share price and its analyst ratings. Expected to greatly improve its earnings in 2020, LMB looks undervalued and poised for recovery in January. The stock has had 7 insider buys and only 1 insider sale in the last 3 months.
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So far so good-- up 10% today!!Note
Another strong day in LMB as we gap fill up toward $4.00.Trade closed manually
I plan to sell this tomorrow.Note
Total profit approximately 15%
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