Posted November 26, 2018
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) moved -0.70% from the recent close and currently pricing at $7.10. There has been some talk amongst investors regarding this name and is on many “cheap” stock watchlists. Cheap that is in terms of price, but what about value?
Investing in the stock market offers the potential for big returns. On the flip side, investors can also experience major losses when trading equities. Investors are typically trying their best to maximize returns while limiting losses. Figuring out the best way to do this is no easy proposition. There may be periods where everything seems to be working out, and the returns are rolling in. There may be other times when nothing seems to be going right, and the losses start to pile up. Nobody can predict with pinpoint certainty which way the market will shift in the future. Preparing the portfolio for multiple scenarios can help the investor stick it out when the waters get choppy. Having a properly diversified stock portfolio may help investors ride out the turbulence when it inevitably takes control of the market.
Based on recent analysis, Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares have been seen trading -8.03% off of the 50-day peak and 32.22% away from the 50-day bottom. In terms of the stock price in relation to its moving averages, company shares are 11.90% away from the 20-day moving average and 17.03% off of the 50-day average. If we take a longer approach, shares have been trading 34.39% away from the 200-day moving average.
Investing in the stock market can sometimes be a wild ride. Without the proper planning and research, investors may quickly find themselves on the outside looking in. Doing the research and studying the market can be helpful, but creating a trading or investing plan may be the most important part of the process. When the back testing and practice is completed, the real challenge awaits. The practice and preparation can be very helpful for understanding the market, but when real money gets put on the line, it can be a whole different ballgame. The more successful traders and investors are the ones who are able to stay focused and disciplined even throughout turbulent market situations.
Over the last year, Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)’s stock has performed
54.35%. For the last six months, the stock has performed 43.43%. From the start of the calendar year, shares have been 31.48%. Zooming in closer, company stock has been 32.71% for the quarter, 32.22% over the past month, and -5.21% over the past week.
As many investors probably already know, there is no one way to select winning stocks. There are plenty of different theories and ideas out there, and it may become overwhelming to look at all of them. Individual investors who manage their own money may have to dedicate an ample amount of time to find a strategy that works for them. Understanding portfolio diversification, personal risk tolerance, and time horizon may be a good place for the investor to start. Because there is no guarantee that past performance will indicate future results, investors may have to be willing to come at the market from a few different angles.
Source: Kentwood Post