Jul. 3 at 5:31 PM
👉🏻 I’ve owned
$VMD for a while now. It’s long been on my list of companies experiencing Growth at a Reasonable Price and that’s how I initially found it. It’s not an exciting company to own or an exciting stock to hold, it’s simply a real solid earnings producing company. And I like companies like that. A lot. The company has recently pushed up thru resistance above the
$11 level (see the chart below). It obviously wants to go higher but re-testing
$11 for support first is a likely probability. I have a price target on these shares of
$18. That’ll give you about a 50% ROI over time. Beyond that the shares will likely grow at about 30% per year for several years to come.
This is a long term hold for me.
