Benj Gallander's Top Picks: May 22, 2018 [Business News Network (BNN) Energy & Resources (Canada)]
BLACK BOX (BBOX)
US:NASDAQ Investor Relations:
investor.blackbox.com/investor-relations
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Source: Business News Network
Benj Gallander's Top Picks: May 22, 2018 Benj Gallander, president of Contra The Heard Investment Letter Focus: Contrarian investing _______________________________________________________________ MARKET OUTLOOK The summer stock doldrums are beginning. Though I don’t believe in the mantra “sell in May and go away,” this is often a wise time to take tax losses instead of waiting until the end of the year. If a person wants, they can always buy the positions back after 30 days once the losses have been crystallized. At this time of year, I also tend to avoid buying stocks. TOP PICKS Note: Last time I went all-Canadian. This time I went all-American, with stocks outside of the Contra portfolio as it’s already weighted to the American side. BLACK BOX CORP (BBOX.O) Bought at $3.60 in 2017. Digital technology solutions enterprise Black Box is attempting a turnaround under relatively new CEO Joel Trammell. Trammell has an excellent track record and two other organizations tha
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