After a +80% gain, I closed my NVIDIA position FIRST yesterday.
Technically, I expect an interim correction in the near future, so I took profits.
🔄 I have now reallocated the capital into two new stocks:
Brown & Brown (BRO) $BRO (+1.53%)
→Insurance broker with a clear focus on its own clients, which is very much in line with my own daily work as an insurance broker.
→ Strong Q2 figures, yet share price down 10%: For me personally an entry point.
→ Undervalued for 3-5 years in historical comparison, solid growth.
Zoetis (ZTS) $ZTS (-0.34%)
→ Pharmaceutical company, but in the animal health sector.
→ A market leader, stable margins, high innovative strength.
→ Valuation below average for 3-5 years
With this in mind, have a pleasant trading week!