Taking profit (up 429%✅) in my position of $STRL (+3,57 %) (selling about 25% of it) due to high valuation. The AI boom helped me a lot this past 2 years, but I picked good companies at good valuations, and some of them are becoming really expensively priced, even considering the long term high growth potencial they have, and the megacycle of spending in AI.
I’ve mentioned it many times, don’t get me wrong… I’m NOT selling my hole positions in this kind of stocks, and I don’t say they won’t continue to overperform the market. But I try to rebalance my portfolio to avoid having too much exposure in stocks with a forward P/E over 40 on which would take 4 or 5 years at their expected mega growth to be in their previous valuations.
Also selling my full position in $VEOEY (-0,93 %) as I got bored of it. Holded for too long, with almost zero profit and just some dividends on the process. It does not fit my investment criteria. It is a stable business, with forecast of stable revenue and profits, low valuation and a 4,5% dividend. I don’t see a repricing for the stock anytime soon so I’m out.